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Assistant Secretary of the Treasury for Financial Stability

{{Short description|United States office}}

The Assistant Secretary of the Treasury for Financial Stability was the head of the Office of Financial Stability in the United States Department of the Treasury.

The position was created on October 3, 2008 by the Emergency Economic Stabilization Act of 2008, the act that created the Office of Financial Stability to administer the Troubled Asset Relief Program.

By law, the Assistant Secretary of the Treasury for Financial Stability is appointed by the President of the United States with the advice and consent of the United States Senate.[http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=110_cong_bills&docid=f:h1424enr.txt.pdf Pub.L. 110-343 §101(a)(3)(A)] During a vacancy, the United States Secretary of the Treasury is authorized to appoint an Acting Assistant Secretary of the Treasury for Financial Stability.

The position was abolished after Timothy Massad.

List of Assistant Secretaries of the Treasury for Financial Stability

class="wikitable"

!Name

!Picture

!Assumed office

!Left office

!President appointed by

!|Secretary served under

Neel Kashkari (Acting){{cite news | url=https://www.nytimes.com/2008/10/09/business/09kashkari.html?partner=permalink&exprod=permalink | title=Bailout Role Elevates U.S. Official | work=The New York Times | date = October 9, 2008 | first1=Charlie | last1=Savage | first2=Ben | last2=White | access-date=May 20, 2010}}{{cite web

|url=http://www.treas.gov/organization/bios/kashkari-e.html

|title=Biography of Neel Kashkari

|publisher=U.S. Treasury

|date=October 6, 2008

|url-status=dead

|archive-url=https://web.archive.org/web/20090126020854/http://www.treas.gov/organization/bios/kashkari-e.html

|archive-date=January 26, 2009

}}{{cite news |

url=https://www.reuters.com/article/topNews/idUSTRE4956DL20081006 |

publisher=Reuters |

author=Rucker, Patrick |

title=Treasury names rescue program chief |

date=October 6, 2008}}

|80px

|October 6, 2008

|May 1, 2009

|George W. Bush

|Henry Paulson
Timothy Geithner

Herbert M. Allison[http://www.whorunsgov.com/Profiles/Herbert_M._Allison_Jr. Profile from WhoRunsGov.org] {{webarchive |url=https://web.archive.org/web/20110903213707/http://www.whorunsgov.com/Profiles/Herbert_M._Allison_Jr. |date=September 3, 2011 }}

|80px

|June 2009

|September 2010

|Barack Obama

|Timothy Geithner

Timothy Massad[http://www.treasury.gov/about/organizational-structure/Pages/Massad-e.aspx From Treasury Dept. website]

|80px

|June 30, 2011

|June 5, 2014

|Barack Obama

|Timothy Geithner
Jack Lew

See also

References

Category:Troubled Asset Relief Program