Treasury's Office of International Affairs protects and supports U.S. economic prosperity by strengthening the external environment for U.S. growth, preventing and mitigating global financial instability, and managing key global challenges.
The Office of International Affairs is led by Jay Shambaugh who was confirmed as Under Secretary for International Affairs in December 2022. Under Secretary Shambaugh serves as the principal policy advisor to the Secretary and Deputy Secretary on international economic matters. In this position, Under Secretary Shambaugh advances the Administration's agenda of strengthening U.S. leadership in the global economy to foster growth, create economic opportunities for Americans, and address transnational economic challenges.
International Trade and Development Policy
The Assistant Secretary for International Trade and Development supports Treasury's portfolio on international financial services issues, trade and investment policy, and U.S. relations with multilateral development banks. Alexia Latortue was confirmed as Assistant Secretary in December 2021. Offices include:
- Trade and Investment Policy
- Climate, Environment, and Infrastructure
- International Development Finance and Policy
- Technical Assistance
The Assistant Secretary for Investment Security leads Treasury's role on the Committee on Foreign Investment in the United States (CFIUS). CFIUS is an interagency committee authorized to review certain transactions involving foreign investment in the United States, in order to determine the effect of such transactions on the national security of the United States. Paul Rosen was confirmed as Assistant Secretary in May 2022.
The Assistant Secretary for International Finance supports Treasury's work on international monetary policy, coordination with the G-7 and G-20, technical assistance, and regional and bilateral economic issues. Brent Neiman was confirmed as Assistant Secretary in March 2023. Offices include:
- Western Hemisphere
- Middle East & North Africa
- Europe & Eurasia
- International Monetary Policy
- International Financial Markets
All press inquiries should be directed to the Office of Public Affairs at (202) 622-2960.
All inquiries from congressional staff should be directed to the Office of Legislative Affairs at (202) 622-1900.
Correspondence can be mailed to:
Office of International Affairs
U.S. Department of Treasury
1500 Pennsylvania Avenue NW
Washington, DC 20220