The Assistant Secretary for Financial Markets serves as senior advisor to the Secretary, Deputy Secretary, and Under Secretary on broad matters of domestic finance, financial markets, Federal, State and local finance (including the Federal debt), Federal Government credit policies, lending and privatization. The Assistant Secretary also serves as the senior member of the Treasury Financing Group and coordinates the inter-agency President's Working Group on Financial Markets.
The Assistant Secretary supervises the Deputy Assistant Secretary for Federal Finance and the Deputy Assistant Secretary for Government Financial Policy, as well as the operations of a set of commissions and board staff.