Treasury’s Assistant Secretary of Management Discusses Management and Performance

What is Treasury's management and performance agenda? What is Treasury doing consolidate it office space and right-size its operational footprint? How is Treasury...

Nani Coloretti was appointed as the U.S. Department of the Treasury’s Assistant Secretary for Management by President Obama on November 15, 2012. In this role, she advises the Secretary of the Treasury on the development and execution of Treasury’s budget and strategic plans and the internal management of the department and its bureaus. In July 2012, President Obama appointed Coloretti as Member of the Government Accountability and Transparency Board.

Coloretti served as the Treasury Department’s Deputy Assistant Secretary for Management and Budget since 2009 and as Acting Assistant Secretary for Management since April 2012. After the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in 2010, she helped stand-up the new Consumer Financial Protection Bureau, serving as the Acting Chief Operating Officer.

Prior to joining the Treasury Department, Coloretti spent four years as a policy advisor and budget director in San Francisco Mayor Gavin Newsom’s office, where she led the development and implementation of San Francisco’s $6.2 billion dollar annual budget and supported reputable program development in several areas including health care. In years prior, she served as a consultant at the Law and Economics Consulting Group, a health financing and budget analyst in the Clinton Administration’s Office of Management and Budget, and a budget analyst for the State of Hawaii.

Ms. Coloretti is a recipient of the National Public Service Award, the Public Policy and International Affairs Achievement Award, and the Government Finance Officers Association Distinguished Budget Presentation Award. She holds a B.A. in Economics and Communications from the University of Pennsylvania and a Master’s in Public Policy from University of California at Berkeley.

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