Under Secretary of the Treasury for International Affairs
Erin Browne serves as Under Secretary of the Treasury for International Affairs. As Under Secretary, Ms. Browne leads Treasury’s Office of International Affairs and advises the Secretary on global economic and financial policy. She oversees international monetary and exchange-rate policy, trade and investment, global financial stability, sovereign debt and crisis response, development finance, and economic relations with foreign governments. She also helps represent the United States in the G7 and G20 and oversees Treasury’s engagement with the International Monetary Fund, World Bank, and other multilateral development banks.
Before joining Treasury, Ms. Browne was a Managing Director and Portfolio Manager at PIMCO, responsible for multi-asset investing and asset allocation. She led PIMCO’s target-date fund business and chaired its Glide Path Committee.
Previously, Ms. Browne served as Head of Asset Allocation at UBS Asset Management, where she helped lead macroeconomic research, capital market assumptions, and tactical and strategic asset allocation. She also managed asset allocation mandates and advised UBS Wealth Management on the implementation of macroeconomic views across multi-asset portfolios.
Earlier, Ms. Browne was Head of Macro Investments at UBS O’Connor, the firm’s multi-strategy hedge fund manager, and served on its Capital Allocation Committee. She managed investments across asset classes and geographies, with a particular focus on currencies and equities.
Ms. Browne previously was a global macro portfolio manager at Point72 Asset Management, led Citigroup’s global macro proprietary trading group, and served as an equity strategist for Moore Capital Management’s Global Macro Fund. She also worked as an equity research analyst at Neuberger Berman and began her career in investment banking at Lehman Brothers.
Ms. Browne has appeared frequently on CNBC and Bloomberg and has been cited in Barron’s, the Financial Times, Reuters, and The Wall Street Journal. She was named among Barron’s “100 Most Influential Women in U.S. Finance” in 2020, Pensions & Investments’ “Influential Women in Institutional Investing” in 2023, and Morningstar’s “Top Female Fund Managers” in 2024.
Ms. Browne earned a BA in Economics from Georgetown University. She resides in Washington, D.C., with her husband, Chris, and their two sons.