Secretary of the Treasury Robert E. Rubin
appointed Van Zeck Commissioner of the Public Debt
on February 15, 1998.
As Commissioner, Mr. Zeck manages the operations
of the Bureau of the Public Debt. The Bureau
conducts the sale of Treasury securities to finance
the public debt, directs debt servicing activities
nationwide, administers the regulations governing
the government securities market, and accounts for
public debt principal and interest costs. The debt
financing operations are performed directly by the
Bureau and by Federal Reserve Banks acting as
fiscal agents of the Treasury.
Mr. Zeck has worked for the Bureau of the Public
Debt in a variety of staff and managerial
positions. He began his Federal service with
Treasury in the Bureau's Internal Audit Staff in
1971, and has subsequently held positions in data
processing, marketable securities operations and
administration. Mr. Zeck headed the Bureau team
that, in cooperation with the Federal Reserve Bank
of Philadelphia, implemented TREASURY DIRECT, an
automated on-line book-entry securities system that
allowed the Department to eliminate physical
securities for new marketable offerings. Mr. Zeck
served as Assistant Commissioner (Financing) from
1982 and was named Deputy Commissioner on April 23,
1987.
Mr. Zeck attended West Virginia University in
Morgantown and received a Bachelor of Science
Degree in Accounting and Business Administration in
1970. He is a native of Morgantown, West Virginia.
