Marshall Billingslea

Photo: Marshall Billingslea

Assistant Secretary for Terrorist Financing
U.S. Department of the Treasury

Marshall Billingslea was confirmed by the United States Senate to serve as Assistant Secretary of the Treasury in June 2017. 

He leads the Office of Terrorist Financing and Financial Crimes.  In this role, he works with members of the national security community throughout the U.S. government, foreign governments, and the private sector to identify and address threats posed or advanced by illicit finance.  His areas of focus include money laundering, terrorist financing, WMD proliferation, and other criminal and illicit activities domestically and across borders.

Prior to assuming this role, from 2009-2017, Mr. Billingslea was a Managing Director with Deloitte Financial Advisory Services, running its Federal Business Intelligence Services group.  He conducted due diligence on behalf of a wide range of Federal clients and Fortune 500 companies. He specialized in investigating beneficial ownership structures, and advising businesses on the legal and regulatory risks associated with third party transactions, particularly in overseas markets.  He also served as external advisor to a number of aerospace, defense, and security companies.

In addition to the Treasury, Mr. Billingslea’s government career spans multiple positions within the Departments of Defense and State, and the United States Senate. As the Deputy Under Secretary of the Navy, he was responsible for Navy and Marine Corps defense policy and planning.  During that time, Marshall also was the chief advisor to the Navy Secretary on foreign policy, and provided oversight of Navy and Marine Corps intelligence and sensitive programs.

Prior to that, Marshall served in Brussels as the Assistant Secretary General of NATO for Defense Investment (ASG DI).  As the United States’ senior civilian official serving within the alliance, he oversaw NATO’s military investment programs and infrastructure budget, and worked closely with Defense and Finance Ministers across the Alliance. He was Chairman of the Conference of National Armament Directors (CNAD), and Chairman of NATO’s C3 Board. The majority of the NATO Agencies reported through Marshall’s Defense Investment Division.  Marshall’s accomplishments at NATO include the creation of NATO’s Strategic Airlift Capability (comprising C-17 military cargo aircraft), the founding of NATO’s Special Operations Coordination Center, the launching of the alliance’s active, layered theater ballistic missile defense (ALTBMD) program, and the creation of a dedicated series of NATO field trials and investment programs associated with counter-terrorism.

Marshall was appointed to NATO after serving as the senior civilian for special operations (Principal Deputy Assistant Secretary of Defense for Special Operations and Low Intensity Conflict), overseeing all DoD special operations efforts against al’Qaida following the 9/11 attacks. During his tenure, he expanded the budget of U.S. Special Operations Command by 47 percent, increased the number of Army Special Forces and SEAL operators, and was a principal architect of DoD’s worldwide effort against terrorist organizations. Under his leadership, USSOCOM and its components greatly accelerated acquisition of a wide range of novel technologies and capabilities to aid special operations forces in the conduct of the Global War on Terror.

Other previous positions include Senior Professional Staff Member for National Security Affairs on the Senate Foreign Relations Committee where he provided oversight of all intelligence and defense-related activities falling within the Committee’s purview, and was responsible for review of all foreign arms sales requiring Committee approval.

Marshall holds a Bachelor of Arts from Dartmouth College and a Master of Arts in Law and Diplomacy from the Fletcher School of Tufts University. He has been decorated with the Cross of Terra Mariana by the President of Estonia; the Knight’s Cross by the President of Poland; and the Cross of the Order of Merit of the Czech Republic. He has been awarded the Defense Medal for Distinguished Public Service by the US Secretary of Defense. He also has been decorated by the US Secretary of the Navy with the Distinguished Public Service medal.