Wayne A. Abernathy Assistant Secretary for Financial Institutions
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.