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Photo: Wayne A. AbernathyWayne Abernathy
Assistant Secretary for Financial Institutions

 

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Wayne A. Abernathy was sworn in as Treasury Assistant Secretary for Financial Institutions on December 2, 2002.. He was nominated by President Bush on August 1, 2002 and confirmed by the U.S. Senate on November 14, 2002.

Mr. Abernathy brings more than 20 years of financial policy expertise to the position. He most recently served as Republican Staff Director of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he also served as committee Staff Director to Chairman Phil Gramm from 1999 until 2001.

Previous experience with the Senate Banking Committee includes serving as Staff Director of the Subcommittee on Securities during 1995-1998. From 1989 until 1994, Mr. Abernathy was a Republican economist for the committee. He previously worked as a senior legislative assistant for Senator Gramm during 1987-1989 and as an economist for the Banking Committee's Subcommittee on International Finance and Monetary Policy during 1981-1986.

Mr. Abernathy earned his bachelor's degree in International Studies from The Johns Hopkins University in 1978, graduating with honors. In 1980, he earned a master's degree in International Economics, International Law and Organization, International Politics from the School of Advanced International Studies at The Johns Hopkins University.

December, 2002