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United States Secretary of the Treasury

{{short description|Head of the United States Department of the Treasury}}

{{Redirect|Secretary of the Treasury|other uses|text=Not to be confused with Treasurer of the United States}}

{{Use American English|date=February 2019}}

{{Use mdy dates|date=November 2022}}

{{Infobox official post

| post = United States Secretary

| body = the Treasury

| flag = Flag of the United States Secretary of the Treasury.svg

| flagborder = yes

| flagsize = 130

| flagcaption = Flag of the secretary

| insignia = Seal of the United States Department of the Treasury.svg

| insigniasize = 120

| insigniacaption = Seal of the Department of the Treasury

| image = Official portrait of Treasury Secretary Scott Bessent (borderless).jpg

| incumbent = Scott Bessent

| incumbentsince = January 28, 2025

| acting = n

| department = Department of the Treasury

| style = {{ubli|Mr. Secretary (informal)|The Honorable (formal)}}

| member_of = {{ubli|Cabinet|National Security Council}}

| reports_to = President of the United States

| seat = {{ubli|Treasury Building|Washington, D.C.}}

| appointer = President of the United States

| appointer_qualified = Senate (advice and consent)

| termlength = No fixed term

| constituting_instrument = {{USC|31|301}}

| precursor = Superintendent of Finance

| formation = {{start date and age|1789|9|11}}

| first = Alexander Hamilton

| succession = Fifth{{cite web|url=https://www.law.cornell.edu/uscode/text/3/19|title=3 U.S. Code § 19 – Vacancy in offices of both President and Vice President; officers eligible to act|website=LII / Legal Information Institute|access-date=February 4, 2017|archive-date=December 26, 2018|archive-url=https://web.archive.org/web/20181226123834/https://www.law.cornell.edu/uscode/text/3/19|url-status=live}}

| deputy = Deputy Secretary{{UnitedStatesCode|31|301}}

| salary = Executive Schedule, Level I{{UnitedStatesCode|5|5312}}

| website = {{URL|https://home.treasury.gov/|treasury.gov}}

}}

The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council,{{UnitedStatesCode|50|3021|National Security Council}} and fifth in the U.S. presidential line of succession.

Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, will take the office if confirmed by the majority of the full United States Senate.

The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments.Cabinets and Counselors: The President and the Executive Branch (1997). Congressional Quarterly. p. 87.

Powers and functions

{{blockquote|text=The secretary is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The secretary oversees the activities of the department in carrying out its major law enforcement responsibilities; in serving as the financial agent for the United States government; and in manufacturing coins and currency.

As the chief financial officer of the government, the secretary serves as chairman pro tempore of the President's Economic Policy Council, chairman of the boards and managing trustee of the Social Security and Medicare Trust Funds, and as U.S. Governor of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development. |author=U.S. Department of the Treasury Web site{{cite web |url=http://www.ustreas.gov/education/duties/treas/sec-treasury.shtml |title=Duties & Functions: Secretaries of the Treasury |publisher=United States Department of the Treasury |archive-url=https://web.archive.org/web/20101119160912/http://www.treasury.gov/education/duties/treas/sec-treasury.shtml |archive-date=November 19, 2010 |access-date=November 30, 2012}}}}

The secretary along with the treasurer of the United States must sign Federal Reserve notes before they can become legal tender.{{cite news |last=Rappeport |first=Alan |date=December 8, 2022 |title=Yellen Is First Female Treasury Secretary With Signature on U.S. Dollar |url=https://www.nytimes.com/2022/12/08/business/janet-yellen-signature-dollar.html |url-status=live |newspaper=The New York Times |archive-url=https://web.archive.org/web/20221209181953/https://www.nytimes.com/2022/12/08/business/janet-yellen-signature-dollar.html |archive-date=December 9, 2022 |access-date=December 9, 2022 |quote=By tradition, the treasurer must sign the money along with the Treasury secretary. Both signatures are engraved onto plates at the Bureau of Engraving and Printing, where they are printed and submitted to the Federal Reserve, which determines what currency will be added to circulation.}} The secretary also manages the United States Emergency Economic Stabilization fund.{{USC2|12|5211|Purchases of troubled assets}}

Salary

The secretary of the treasury is a Level I position in the Executive Schedule, thus earning the salary prescribed for that level ($250,600 as of January 2024).{{cite web |title=Salary Table No. 2021-EX Rates of Basic Pay for the Executive Schedule (EX) |url=https://www.opm.gov/policy-data-oversight/pay-leave/salaries-wages/salary-tables/pdf/2025/EX.pdf}}

List of secretaries of the treasury

The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council.{{UnitedStatesCode|50|3021|National Security Council}}

Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, is confirmed by the United States Senate.

; Parties

{{legend2|{{party color|Federalist Party}}|Federalist|border=1px solid #AAAAAA}} (4)

{{legend2|{{party color|Democratic-Republican Party}}|Democratic-Republican|border=1px solid #AAAAAA}} (4)

{{legend2|{{party color|Democratic Party (United States)}}|Democratic|border=1px solid #AAAAAA}} (30)

{{legend2|{{party color|Whig Party (United States)}}|Whig|border=1px solid #AAAAAA}} (5)

{{legend2|{{party color|Republican Party (United States)}}|Republican|border=1px solid #AAAAAA}} (35)

{{legend2|{{party color|Independent (politician)}}|Independent|border=1px solid #AAAAAA}} (1)

Status

{{legend|#E6E6AA|Denotes an acting secretary of the treasury|border=black}}

class="wikitable sortable" style="clear:right; text-align:center"
No.

!class=unsortable |Portrait

!Name

!State of residence

!Took office

!Left office

!colspan=2 |President(s)

style="background: {{party color|Federalist Party}};" |{{color|white|1}}

|File:Alexander Hamilton, by Trumbull.jpg

|{{sortname|Alexander|Hamilton}}

|New York

|{{dts|September 11, 1789}}

|{{dts|January 31, 1795}}

|rowspan=2 style="background: {{party color|Independent (politician)}};" |

|rowspan=2 |{{sortname|George|Washington}}
(1789–1797)

rowspan=2 style="background: {{party color|Federalist Party}};" |{{color|white|2}}

|rowspan=2 |File:Oliver Wolcott Jr by Gilbert Stuart circa 1820.jpeg

|rowspan=2 |{{sortname|Oliver|Wolcott Jr.}}

|rowspan=2 |Connecticut

|rowspan=2 |{{dts|February 3, 1795}}

|rowspan=2 |{{dts|December 31, 1800}}

rowspan=2 style="background: {{party color|Federalist Party}};" |

|rowspan=2 |{{sortname|John|Adams}}
(1797–1801)

rowspan=2 style="background: {{party color|Federalist Party}};" |{{color|white|3}}

|rowspan=2 |File:Samuel Dexter.jpg

|rowspan=2 |{{sortname|Samuel|Dexter}}

|rowspan=2 |Massachusetts

|rowspan=2 |{{dts|January 1, 1801}}

|rowspan=2 |{{dts|May 13, 1801}}

rowspan=2 style="background: {{party color|Democratic-Republican Party}};" |

|{{sortname|Thomas|Jefferson}}
(1801–1809)

rowspan=2 style="background: {{party color|Democratic-Republican Party}};" |{{color|white|4}}

|rowspan=2 |File:Albert Gallatin 3.JPG

|rowspan=2 |{{sortname|Albert|Gallatin}}

|rowspan=2 |Pennsylvania

|rowspan=2 |{{dts|May 14, 1801}}

|rowspan=2 |{{dts|February 8, 1814}}

|rowspan=6 |{{sortname|James|Madison}}
(1809–1817)

rowspan=5 style="background: {{party color|Democratic-Republican Party}};" |
style="background: {{party color|Democratic-Republican Party}};" |{{color|white|5}}

|File:George W Campbell cph.3a00320.jpg

|{{sortname|George W.|Campbell}}

|Tennessee

|{{dts|February 9, 1814}}

|{{dts|October 5, 1814}}

style="background: {{party color|Democratic-Republican Party}};" |{{color|white|6}}

|File:Alexander J. Dallas.jpg

|{{sortname|Alexander|Dallas|Alexander J. Dallas (statesman)}}

|Pennsylvania

|{{dts|October 6, 1814}}

|{{dts|October 21, 1816}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|William|Jones|dab=statesman}}
{{small|Acting}}{{efn |As Secretary of the Navy.}}

|style="background:#e6e6aa;" |Pennsylvania

|style="background:#e6e6aa;" |{{dts|October 21, 1816}}

|style="background:#e6e6aa;" |{{dts|October 22, 1816}}

rowspan=2 style="background: {{party color|Democratic-Republican Party}};" |{{color|white|7}}

|rowspan=2 |File:Portrait of William Harris Crawford.jpg

|rowspan=2 |{{sortname|William H.|Crawford}}

|rowspan=2 |Georgia

|rowspan=2 |{{dts|October 22, 1816}}

|rowspan=2 |{{dts|March 6, 1825}}

style="background: {{party color|Democratic-Republican Party}};" |

|{{sortname|James|Monroe}}
(1817–1825)

style="background: {{party color|Federalist Party}};" |{{color|white|8}}

|File:RUSH, Richard-BEP069-Treasury (BEP engraved portrait).jpg

|{{sortname|Richard|Rush}}

|Pennsylvania

|{{dts|March 7, 1825}}

|{{dts|March 5, 1829}}

|style="background: {{party color|Democratic-Republican Party}};" |

|{{sortname|John Quincy|Adams}}
(1825–1829)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|9}}

|File:SIng.jpg

|{{sortname|Samuel D.|Ingham}}

|Pennsylvania

|{{dts|March 6, 1829}}

|{{dts|June 20, 1831}}

|rowspan=5 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=5 |{{sortname|Andrew|Jackson}}
(1829–1837)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|10}}

|File:Louis McLane (Treasury Secretary, BEP engraved portrait, cropped).jpg

|{{sortname|Louis|McLane}}

|Delaware

|{{dts|August 8, 1831}}

|{{dts|May 28, 1833}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|11}}

|File:William J Duane.jpg

|{{sortname|William J.|Duane}}

|Pennsylvania

|{{dts|May 29, 1833}}

|{{dts|September 22, 1833}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|12}}

|File:Roger Taney.jpg

|{{sortname|Roger B.|Taney}}

|Maryland

|{{dts|September 23, 1833}}

|{{dts|June 25, 1834}}

rowspan=2 style="background: {{party color|Democratic Party (United States)}};" |{{color|white|13}}

|rowspan=2 |File:Levi Woodbury SecNavy.jpg

|rowspan=2 |{{sortname|Levi|Woodbury}}

|rowspan=2 |New Hampshire

|rowspan=2 |{{dts|July 1, 1834}}

|rowspan=2 |{{dts|March 3, 1841}}

style="background: {{party color|Democratic Party (United States)}};" |

|{{sortname|Martin|Van Buren}}
(1837–1841)

rowspan=2 style="background: {{party color|Whig Party (United States)}};" |14

|rowspan=2 |File:ThomasEwingSr.jpg

|rowspan=2 |{{sortname|Thomas|Ewing}}

|rowspan=2 |Ohio

|rowspan=2 |{{dts|March 4, 1841}}

|rowspan=2 |{{dts|September 11, 1841}}

|style="background: {{party color|Whig Party (United States)}};" |

|{{sortname|William Henry|Harrison}}
(1841)

rowspan=4 style="background: {{party color|Whig Party (United States)}};" |

|rowspan=4 |{{sortname|John|Tyler}}
(1841–1845)

style="background: {{party color|Whig Party (United States)}};" |15

|File:WForward-SecofTreas.jpg

|{{sortname|Walter|Forward}}

|Pennsylvania

|{{dts|September 13, 1841}}

|{{dts|March 1, 1843}}

style="background: {{party color|Whig Party (United States)}};" |16

|File:SPENCER, John C-Treasury (BEP engraved portrait) (cropped).jpg

|{{sortname|John Canfield|Spencer}}

|New York

|{{dts|March 8, 1843}}

|{{dts|May 2, 1844}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|17}}

|File:George M. Bibb - Brady-Handy.jpg

|{{sortname|George M.|Bibb}}

|Kentucky

|{{dts|July 4, 1844}}

|{{dts|March 7, 1845}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|18}}

|File:Hon. Robert J. Walker, Miss - NARA - 528738.jpg

|{{sortname|Robert J.|Walker}}

|Mississippi

|{{dts|March 8, 1845}}

|{{dts|March 5, 1849}}

|style="background: {{party color|Democratic Party (United States)}};" |

|{{sortname|James K.|Polk}}
(1845–1849)

style="background: {{party color|Whig Party (United States)}};" |19

|File:WMMeredith.jpg

|{{sortname|William M.|Meredith}}

|Pennsylvania

|{{dts|March 8, 1849}}

|{{dts|July 22, 1850}}

|style="background: {{party color|Whig Party (United States)}};" |

|{{sortname|Zachary|Taylor}}
(1849–1850)

style="background: {{party color|Whig Party (United States)}};" |20

|File:TCorwin.jpg

|{{sortname|Thomas|Corwin}}

|Ohio

|{{dts|July 23, 1850}}

|{{dts|March 6, 1853}}

|style="background: {{party color|Whig Party (United States)}};" |

|{{sortname|Millard|Fillmore}}
(1850–1853)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|21}}

|File:James-Guthrie-(wreaths).jpg

|{{sortname|James|Guthrie|dab=Kentucky politician}}

|Kentucky

|{{dts|March 7, 1853}}

|{{dts|March 6, 1857}}

|style="background: {{party color|Democratic Party (United States)}};" |

|{{sortname|Franklin|Pierce}}
(1853–1857)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|22}}

|File:Cobb, Howell2.jpg

|{{sortname|Howell|Cobb}}

|Georgia

|{{dts|March 7, 1857}}

|{{dts|December 8, 1860}}

|rowspan=3 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=3 |{{sortname|James|Buchanan}}
(1857–1861)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|23}}

|File:Philip Francis Thomas, sitting.jpg

|{{sortname|Philip Francis|Thomas}}

|Maryland

|{{dts|December 12, 1860}}

|{{dts|January 14, 1861}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|24}}

|File:John adams dix.jpg

|{{sortname|John Adams|Dix}}

|New York

|{{dts|January 15, 1861}}

|{{dts|March 6, 1861}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|25}}

|File:Mathew Brady, Portrait of Secretary of the Treasury Salmon P. Chase, officer of the United States government (1860–1865, full version).jpg

|{{sortname|Salmon P.|Chase}}

|Ohio

|{{dts|March 7, 1861}}

|{{dts|June 30, 1864}}

|rowspan=3 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=3 |{{sortname|Abraham|Lincoln}}
(1861–1865)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|26}}

|File:Hon. William P. Fessenden, Maine - NARA - 529980.jpg

|{{sortname|William P.|Fessenden}}

|Maine

|{{dts|July 5, 1864}}

|{{dts|March 3, 1865}}

rowspan=2 style="background: {{party color|Republican Party (United States)}};" |{{color|white|27}}

|rowspan=2 |File:Hugh McCulloch.png

|rowspan=2 |{{sortname|Hugh|McCulloch}}

|rowspan=2 |Indiana

|rowspan=2 |{{dts|March 9, 1865}}

|rowspan=2 |{{dts|March 3, 1869}}

style="background: {{party color|Democratic Party (United States)}};" |

|{{sortname|Andrew|Johnson}}
(1865–1869)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|28}}

|File:George Boutwell, Brady-Handy photo portrait, ca1870-1880.jpg

|{{sortname|George S.|Boutwell}}

|Massachusetts

|{{dts|March 12, 1869}}

|{{dts|March 16, 1873}}

|rowspan=4 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=4 |{{sortname|Ulysses S.|Grant}}
(1869–1877)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|29}}

|File:William Adams Richardson Brady-Handy.tif

|{{sortname|William Adams|Richardson}}

|Massachusetts

|{{dts|March 17, 1873}}

|{{dts|June 3, 1874}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|30}}

|File:Benjamin Helm Bristow Brady - Handy U.S. Secretary of Treasury.jpg

|{{sortname|Benjamin|Bristow}}

|Kentucky

|{{dts|June 4, 1874}}

|{{dts|June 20, 1876}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|31}}

|File:Lot M. Morrill Brady-Handy Portrait Photo.jpg

|{{sortname|Lot M.|Morrill}}

|Maine

|{{dts|July 7, 1876}}

|{{dts|March 9, 1877}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|32}}

|File:John-Sherman-2.jpg

|{{sortname|John|Sherman}}

|Ohio

|{{dts|March 10, 1877}}

|{{dts|March 3, 1881}}

|style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|Rutherford B.|Hayes}}
(1877–1881)

rowspan=2 style="background: {{party color|Republican Party (United States)}};" |{{color|white|33}}

|rowspan=2 |File:William Windom, Brady-Handy photo portrait, ca1870-1880.jpg

|rowspan=2 |{{sortname|William|Windom|dab=politician}}

|rowspan=2 |Minnesota

|rowspan=2 |{{dts|March 8, 1881}}

|rowspan=2 |{{dts|November 13, 1881}}

|style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|James A.|Garfield}}
(1881)

rowspan=4 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=4 |{{sortname|Chester A.|Arthur}}
(1881–1885)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|34}}

|File: Secretary Charles J. Folger.jpg

|{{sortname|Charles J.|Folger}}

|New York

|{{dts|November 14, 1881}}

|{{dts|September 4, 1884}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|35}}

|File:Walter Q. Gresham - Brady-Handy.jpg

|{{sortname|Walter Q.|Gresham}}

|Indiana

|{{dts|September 5, 1884}}

|{{dts|October 30, 1884}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|36}}

|File:Hugh McCulloch.png

|{{sortname|Hugh|McCulloch}}

|Indiana

|{{dts|October 31, 1884}}

|{{dts|March 7, 1885}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|37}}

|File: Secretary Daniel Manning.webp

|{{sortname|Daniel|Manning}}

|New York

|{{dts|March 8, 1885}}

|{{dts|March 31, 1887}}

|rowspan=2 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=2 |{{sortname|Grover|Cleveland}}
(1885–1889)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|38}}

|File:Charles S Fairchild - SecofTreasury.jpg

|{{sortname|Charles S.|Fairchild}}

|New York

|{{dts|April 1, 1887}}

|{{dts|March 6, 1889}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|39}}

|File:William Windom, Brady-Handy photo portrait, ca1870-1880.jpg

|{{sortname|William|Windom|dab=politician}}

|Minnesota

|{{dts|March 7, 1889}}

|{{dts|January 29, 1891}}

|rowspan=2 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=2 |{{sortname|Benjamin|Harrison}}
(1889–1893)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|40}}

|File:Charles Foster, Brady-Handy photo portrait, ca1865-1880.jpg

|{{sortname|Charles|Foster|dab=Ohio politician}}

|Ohio

|{{dts|February 25, 1891}}

|{{dts|March 6, 1893}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|41}}

|File:John Griffin Carlisle, Brady-Handy photo portrait, ca1870-1880.jpg

|{{sortname|John G.|Carlisle}}

|Kentucky

|{{dts|March 7, 1893}}

|{{dts|March 5, 1897}}

|style="background: {{party color|Democratic Party (United States)}};" |

|{{sortname|Grover|Cleveland}}
(1893–1897)

rowspan=2 style="background: {{party color|Republican Party (United States)}};" |{{color|white|42}}

|rowspan=2 |File:Lyman Gage, Bain photo portrait.jpg

|rowspan=2 |{{sortname|Lyman J.|Gage}}

|rowspan=2 |Illinois

|rowspan=2 |{{dts|March 6, 1897}}

|rowspan=2 |{{dts|January 31, 1902}}

|style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|William|McKinley}}
(1897–1901)

rowspan=3 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=3 |{{sortname|Theodore|Roosevelt}}
(1901–1909)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|43}}

|150x150px

|{{sortname|L. M.|Shaw}}

|Iowa

|{{dts|February 1, 1902}}

|{{dts|March 3, 1907}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|44}}

|125px

|{{sortname|George B.|Cortelyou}}

|New York

|{{dts|March 4, 1907}}

|{{dts|March 7, 1909}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|45}}

|125px

|{{sortname|Franklin|MacVeagh}}

|Illinois

|{{dts|March 8, 1909}}

|{{dts|March 5, 1913}}

|style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|William Howard|Taft}}
(1909–1913)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|46}}

|125px

|nowrap="" |{{sortname|William Gibbs|McAdoo}}

|New York

|{{dts|March 6, 1913}}

|{{dts|December 15, 1918}}

|rowspan=3 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=3 |{{sortname|Woodrow|Wilson}}
(1913–1921)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|47}}

|125px

|{{sortname|Carter|Glass}}

|Virginia

|{{dts|December 16, 1918}}

|{{dts|February 1, 1920}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|48}}

|125px

|{{sortname|David F.|Houston}}

|Missouri

|{{dts|February 2, 1920}}

|{{dts|March 3, 1921}}

rowspan=3 style="background: {{party color|Republican Party (United States)}};" |{{color|white|49}}

|rowspan=3 |125px

|rowspan=3 |{{sortname|Andrew|Mellon}}

|rowspan=3 |Pennsylvania

|rowspan=3 |{{dts|March 4, 1921}}

|rowspan=3 |{{dts|February 12, 1932}}

|style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|Warren G.|Harding}}
(1921–1923)

style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|Calvin|Coolidge}}
(1923–1929)

rowspan=2 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=2 |{{sortname|Herbert|Hoover}}
(1929–1933)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|50}}

|125px

|{{sortname|Ogden L.|Mills}}

|New York

|{{dts|February 13, 1932}}

|{{dts|March 4, 1933}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|51}}

|125px

|{{sortname|William H.|Woodin}}

|New York

|{{dts|March 5, 1933}}

|{{dts|December 31, 1933}}

|rowspan=2 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=2 |{{sortname|Franklin D.|Roosevelt}}
(1933–1945)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|52}}

|125px

|{{sortname|Henry|Morgenthau Jr.}}

|New York

|{{dts|January 1, 1934}}

|{{dts|July 22, 1945}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|53}}

|125px

|{{sortname|Fred M.|Vinson}}

|Kentucky

|{{dts|July 23, 1945}}

|{{dts|June 23, 1946}}

|rowspan=2 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=2 |{{sortname|Harry S.|Truman}}
(1945–1953)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|54}}

|125px

|{{sortname|John Wesley|Snyder}}

|Missouri

|{{dts|June 25, 1946}}

|{{dts|January 20, 1953}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|55}}

|125px

|{{sortname|George M.|Humphrey}}

|Ohio

|{{dts|January 21, 1953}}

|{{dts|July 29, 1957}}

|rowspan=2 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=2 |{{sortname|Dwight D.|Eisenhower}}
(1953–1961)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|56}}

|125px

|{{sortname|Robert|Anderson|Robert B. Anderson (Texas politician)}}

|Connecticut

|{{dts|July 29, 1957}}

|{{dts|January 20, 1961}}

rowspan=2 style="background: {{party color|Republican Party (United States)}};" |{{color|white|57}}

|rowspan=2 |125px

|rowspan=2 |{{sortname|C. Douglas|Dillon}}

|rowspan=2 |New Jersey

|rowspan=2 |{{dts|January 21, 1961}}

|rowspan=2 |{{dts|April 1, 1965}}

|style="background: {{party color|Democratic Party (United States)}};" |

|{{sortname|John F.|Kennedy}}
(1961–1963)

rowspan=3 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=3 |{{sortname|Lyndon B.|Johnson}}
(1963–1969)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|58}}

|125px

|{{sortname|Henry H.|Fowler}}

|Virginia

|{{dts|April 1, 1965}}

|{{dts|December 20, 1968}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|59}}

|125px

|{{sortname|Joseph W.|Barr}}

|Indiana

|{{dts|December 21, 1968}}

|{{dts|January 20, 1969}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|60}}

|125px

|{{sortname|David|Kennedy|David M. Kennedy (politician)}}

|Utah

|{{dts|January 22, 1969}}

|{{dts|February 10, 1971}}

|rowspan=4 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=4 |{{sortname|Richard|Nixon}}
(1969–1974)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|61}}

|125px

|{{sortname|John|Connally}}

|Texas

|{{dts|February 11, 1971}}

|{{dts|June 12, 1972}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|62}}

|125px

|{{sortname|George|Shultz}}

|Illinois

|{{dts|June 12, 1972}}

|{{dts|May 8, 1974}}

rowspan=2 style="background: {{party color|Republican Party (United States)}};" |{{color|white|63}}

|rowspan=2 |125px

|rowspan=2 |{{sortname|William E.|Simon}}

|rowspan=2 |New Jersey

|rowspan=2 |{{dts|May 8, 1974}}

|rowspan=2 |{{dts|January 20, 1977}}

style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|Gerald|Ford}}
(1974–1977)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|64}}

|125px

|{{sortname|W. Michael|Blumenthal}}

|Michigan

|{{dts|January 23, 1977}}

|{{dts|August 4, 1979}}

|rowspan=2 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=2 |{{sortname|Jimmy|Carter}}
(1977–1981)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|65}}

|125px

|{{sortname|G. William|Miller}}

|Rhode Island

|{{dts|August 7, 1979}}

|{{dts|January 20, 1981}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|66}}

|125px

|{{sortname|Donald|Regan}}

|New Jersey

|{{dts|January 22, 1981}}

|{{dts|February 1, 1985}}

|rowspan=4 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=4 |{{sortname|Ronald|Reagan}}
(1981–1989)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|67}}

|125px

|{{sortname|James|Baker}}

|Texas

|{{dts|February 4, 1985}}

|{{dts|August 17, 1988}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|M. Peter|McPherson}}
{{small|Acting}}{{efn |name=Deputy |As Deputy Secretary of the Treasury.}}

|style="background:#e6e6aa;" |Michigan

|style="background:#e6e6aa;" |{{dts|August 17, 1988}}

|style="background:#e6e6aa;" |{{dts|September 15, 1988}}

rowspan=2 style="background: {{party color|Republican Party (United States)}};" |{{color|white|68}}

|rowspan=2 |125px

|rowspan=2 |{{sortname|Nicholas F.|Brady}}

|rowspan=2 |New Jersey

|rowspan=2 |{{dts|September 15, 1988}}

|rowspan=2 |{{dts|January 17, 1993}}

style="background: {{party color|Republican Party (United States)}};" |

|{{sortname|George H. W.|Bush}}
(1989–1993)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|69}}

|125px

|{{sortname|Lloyd|Bentsen}}

|Texas

|{{dts|January 20, 1993}}

|{{dts|December 22, 1994}}

|rowspan=4 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=4 |{{sortname|Bill|Clinton}}
(1993–2001)

style="background:#e6e6aa;" |–

|125px

|style="background:#e6e6aa;" |{{sortname|Frank N.|Newman}}
{{small|Acting}}{{efn |name=Deputy}}

|style="background:#e6e6aa;" |Massachusetts

|style="background:#e6e6aa;" |{{dts|December 22, 1994}}

|style="background:#e6e6aa;" |{{dts|January 11, 1995}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|70}}

|125px

|{{sortname|Robert|Rubin}}

|New York

|{{dts|January 11, 1995}}

|{{dts|July 2, 1999}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|71}}

|125px

|{{sortname|Lawrence|Summers}}

|Massachusetts

|{{dts|July 2, 1999}}

|{{dts|January 20, 2001}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|72}}

|125px

|{{sortname|Paul H.|O'Neill}}

|Pennsylvania

|{{dts|January 20, 2001}}

|{{dts|December 31, 2002}}

|rowspan=5 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=5 |{{sortname|George W.|Bush}}
(2001–2009)

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|Kenneth W.|Dam}}
{{small|Acting}}{{efn |name=Deputy}}

|style="background:#e6e6aa;" |Illinois

|style="background:#e6e6aa;" |{{dts|December 31, 2002}}

|style="background:#e6e6aa;" |{{dts|February 3, 2003}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|73}}

|125px

|{{sortname|John W.|Snow}}

|Virginia

|{{dts|February 3, 2003}}

|{{dts|June 30, 2006}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|Robert M.|Kimmitt}}
{{small|Acting}}{{efn |name=Deputy}}

|style="background:#e6e6aa;" |Virginia

|style="background:#e6e6aa;" |{{dts|June 30, 2006}}

|style="background:#e6e6aa;" |{{dts|July 10, 2006}}

style="background: {{party color|Republican Party (United States)}};" |{{color|white|74}}

|125px

|{{sortname|Henry|Paulson}}

|Illinois

|{{dts|July 10, 2006}}

|{{dts|January 20, 2009}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|Stuart A.|Levey}}
{{small|Acting}}{{efn |name=UnderTer |As Under Secretary of the Treasury for Terrorism and Financial Intelligence.}}

|style="background:#e6e6aa;" |Ohio

|style="background:#e6e6aa;" |{{dts|January 20, 2009}}

|style="background:#e6e6aa;" |{{dts|January 26, 2009}}

|rowspan=4 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=4 |{{sortname|Barack|Obama}}
(2009–2017)

style="background: {{party color|Independent (politician)}};" |75

|125px

|{{sortname|Timothy|Geithner}}

|New York

|{{dts|January 26, 2009}}

|{{dts|January 25, 2013}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|Neal S.|Wolin}}
{{small|Acting}}{{efn |name=Deputy}}

|style="background:#e6e6aa;" |Illinois

|style="background:#e6e6aa;" |{{dts|January 25, 2013}}

|style="background:#e6e6aa;" |{{dts|February 28, 2013}}

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|76}}

|125px

|{{sortname|Jack|Lew}}

|New York

|{{dts|February 28, 2013}}

|{{dts|January 20, 2017}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|Adam|Szubin}}
{{small|Acting}}{{efn |name=UnderTer}}

|style="background:#e6e6aa;" |Washington, D.C.

|style="background:#e6e6aa;" |{{dts|January 20, 2017}}

|style="background:#e6e6aa;" |{{dts|February 13, 2017}}

|rowspan=2 style="background: {{party color|Republican Party (United States)}};" |

|rowspan=2 |{{sortname|Donald|Trump}}
(2017–2021)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|77}}

|125px

|{{sortname|Steven|Mnuchin}}

|California

|{{dts|February 13, 2017}}

|{{dts|January 20, 2021}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|Andy|Baukol}}
{{small|Acting}}{{efn |As Deputy Assistant Secretary for Monetary Policy.}}

|style="background:#e6e6aa;" |Virginia

|style="background:#e6e6aa;" |{{dts|January 20, 2021}}

|style="background:#e6e6aa;" |{{dts|January 26, 2021}}

|rowspan=2 style="background: {{party color|Democratic Party (United States)}};" |

|rowspan=2 |{{sortname|Joe|Biden}}
(2021–2025)

style="background: {{party color|Democratic Party (United States)}};" |{{color|white|78}}

|File:Secretary Janet Yellen portrait (cropped).jpg

|{{sortname|Janet|Yellen}}

|California

|{{dts|January 26, 2021}}

|{{dts|January 20, 2025}}

style="background:#e6e6aa;" |–

|style="background:#e6e6aa;" |125px

|style="background:#e6e6aa;" |{{sortname|David|Lebryk}}
{{small|Acting}}{{efn |As Fiscal Assistant Secretary of the Treasury.}}

|style="background:#e6e6aa;" |Indiana

|style="background:#e6e6aa;" |{{dts|January 20, 2025}}

|style="background:#e6e6aa;" |{{dts|January 28, 2025}}

|rowspan=2 style="background: {{party color|Republican Party (United States)}}; |

|rowspan=2 |{{sortname|Donald|Trump}}
(2025–present)

style="background: {{party color|Republican Party (United States)}};" |{{color|white|79}}

|125px

|{{sortname|Scott|Bessent}}

|South Carolina

|{{dts|January 28, 2025}}

|Incumbent

File:Flag of the United States Secretary of the Treasury (1887-1915).png

Succession

=Presidential succession=

The secretary of the treasury is fifth in the presidential line of succession, following the secretary of state and preceding the secretary of defense.

=Succession within the Department=

On August 16, 2016, President Barack Obama signed Executive Order 13735, which changed the order of succession for filling the Treasury Secretary's role when necessary. At any time when the secretary and the deputy secretary of the treasury have both died, resigned, or cannot serve as secretary for other reasons, the order designates which Treasury officers are next in line to serve as acting secretary.

The order of succession is:{{Cite web|title=Executive Order on Providing an Order of Succession within the Department of the Treasury|url=https://www.federalregister.gov/documents/2016/08/17/2016-19723/providing-an-order-of-succession-within-the-department-of-the-treasury|date=August 16, 2016|language=en-US|access-date=January 9, 2022|archive-date=September 25, 2021|archive-url=https://web.archive.org/web/20210925221931/https://www.federalregister.gov/documents/2016/08/17/2016-19723/providing-an-order-of-succession-within-the-department-of-the-treasury|url-status=live}} {{PD-notice}}

class="wikitable"

|+

!#

!Office

1*

|Under Secretaries of the Treasury

2

|General Counsel of the Department of the Treasury

3*

|Deputy Under Secretaries of the Treasury and those Assistant Secretaries of the Treasury appointed by the President by and with the consent of the Senate

4

|Chief of Staff

5

|Assistant Secretary for Management

6

|Fiscal Assistant Secretary

7

|Commissioner of Internal Revenue, Internal Revenue Service

8

|Commissioner, Bureau of the Fiscal Service

9

|Deputy Commissioner, Fiscal Accounting and Shared Services, Bureau of the Fiscal Service

10

|Commissioner, Wage and Investment Division, Internal Revenue Service

*

|In the order in which they shall have taken the oath of office as such officers.

Notes

{{Notelist}}

References

{{reflist}}

External links

{{commons}}

  • {{Official website}}
  • {{cite web |url=http://www.treasury.gov/about/history/Pages/edu_history_secretary_index.aspx |title=Secretaries of the Treasury |work=History of the Treasury |publisher=United States Department of the Treasury |access-date=April 9, 2006}}

{{s-start}}

{{s-prec|usa}}

{{s-bef|before=Stephen Breyer|as=retired Associate Justice of the United States Supreme Court}}

{{s-ttl|title=Order of precedence of the United States
{{small|as Secretary of the Treasury}}|years=}}

{{s-aft|after=Pete Hegseth|as=Secretary of Defense}}

|-

{{s-prec|us-pres}}

{{s-bef|before=Secretary of State
{{small|Marco Rubio}}}}

{{s-ttl|title=5th in line}}

{{s-aft|after=Secretary of Defense
{{small|Pete Hegseth}}}}

{{s-end}}

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|list =

{{USSecTreas}}

{{United States Department of the Treasury}}

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{{DEFAULTSORT:United States Secretary Of The Treasury}}

Treasury

Treasury, Secretary of the

Secretary

Category:1789 establishments in the United States