Don Hammond was appointed Fiscal Assistant Secretary, a career
position, on September 27, 1998, after serving as the Deputy Fiscal
Assistant Secretary since July 1996. In his position, he provides
policy oversight over the activities of the Financial Management
Service and the Bureau of the Public Debt in conducting the fiscal
affairs of the federal government. The office also serves as the
Treasury's liaison with the Federal Reserve System in its role as
the government's fiscal agent. The scope of his responsibilities
includes management of the government's cash flow, improving government
financial management, the execution of the government's financing
activities and the operation of government-wide financial accounting
and reporting systems including the preparation of the Consolidated
Financial Statements of the United States. In addition, Mr. Hammond
is a statutory member of the Government-wide CFO Council, represents
Treasury on the JFMIP Steering Committee and represents the Secretary
on the Trust Fund Boards for the National Archives and Library of
Congress.
Previously, he was the Assistant Director of the Treasury's Government
Securities Regulations Staff, which has the responsibility for developing
regulations for government securities broker-dealers in the areas
of financial responsibility, custody, record keeping and reporting.
Earlier in his Treasury career, he served as the Secretary of the
Chrysler Corporation Loan Guarantee Board.
Mr. Hammond received a Masters Degree in Finance and Accounting
from Northwestern University's J. L. Kellogg Graduate School of
Management and was admitted to the accounting honorary Beta Alpha
Psi. He is a graduate of Duke University with a B.A. in Chemistry
and Economics.
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