HP-1073: Statement by Treasury Secretary Henry M. Paulson, Jr. <script type="text/javascript"> var wmNotice = "UNT Web Archive - External links, forms, and search boxes may not function within this collection. Url: http://treas.gov/press/releases/hp1073.htm time: 3:59:19 Sep 16, 2008"; var wmHideNotice = "hide"; var contextRoot = "https://webarchive.library.unt.edu/eot2008/"; </script> <script type="text/javascript" src="https://webarchive.library.unt.edu/eot2008/js/disclaim.js"></script> <br>On Staff Changes in The Office of Domestic Finance



	To view or print the PDF content on this page, download the free Adobe® Acrobat® Reader®. July 9, 2008 HP-1073 Statement by Treasury Secretary Henry M. Paulson, Jr. On Staff Changes in The Office of Domestic Finance Washington- Treasury Secretary Henry M. Paulson, Jr. made the following statement today regarding the resignation of Under Secretary for Domestic Finance Robert K. Steel and the broader role that Assistant Secretary for Financial Markets Anthony W. Ryan will take on in the Department. "Bob Steel has been a friend and colleague to me for more than 30 years. He has served the President and the public with ingenuity and dedication during extraordinary times in our financial markets. I know he will excel in his future endeavors," said Secretary Paulson. Assistant Secretary for Financial Markets Anthony W. Ryan will take on a broader role managing Treasury's domestic finance and financial markets agenda. Assistant Secretary for Financial Institutions David Nason will continue to spearhead regulatory reform efforts and oversee financial institutions policy, including issues surrounding the government sponsored enterprises. Steven Shafran, who had 22 years of experience in finance before coming to Treasury, will take on a broader role in his current capacity as Senior Adviser to the Secretary. Assistant Secretary Kenneth Carfine will continue to oversee the government's fiscal operations, including managing federal financing needs and the government's cash flow. Deputy Assistant Secretary for Financial Institutions Policy Jeremiah Norton will take on additional financial institutions responsibilities. "I have great confidence in the abilities of the Domestic Finance team at Treasury to adjust to this change and not miss a beat," said Secretary Paulson. Under Secretary Steel was sworn in on October 10, 2006. Assistant Secretary Ryan joined the Treasury first as Senior Adviser to the Secretary in July 2006 and was sworn into his current position on December 18, 2006. Assistant Secretary Nason was first sworn in as Deputy Assistant Secretary for Financial Institutions Policy in October 2005; he was promoted to Assistant Secretary and sworn in on June 28, 2007. Assistant Secretary Carfine was sworn in on March 15, 2007 and has served the federal government for 35 years. Deputy Assistant Secretary Norton was named to his position on June 12, 2007. Steven Shafran joined the Treasury Department in February 2008 as a Senior Adviser to the Secretary. -30- REPORTS Steel Resignation Letter (PDF)