| David G. Nason -- Department of the Treasury |
| Assistant Secretary of the Treasury (Financial Institutions) |
On June 5, David G. Nason was confirmed as Assistant Secretary for Financial Institutions. In this role he serves as a senior advisor to the Secretary, the Deputy Secretary and the Under Secretary for Domestic Finance on all matters relating to financial institutions, government sponsored enterprises, financial education initiatives, the CDFI Fund and ensuring the resilience of the financial services sector.
From October 2005 to present, Mr. Nason served as Deputy Assistant Secretary for Financial Institutions. In this position, Mr. Nason oversaw the Office of Financial Institutions Policy which develops, analyzes, and coordinates the Department’s policies on legislative and regulatory issues affecting financial institutions.
Mr. Nason also serves as a key adviser to the Treasury Secretary in his capacity as Chair of the President's Working Group on Financial Markets. The President’s Working Group also consists of the Chairs of the Federal Reserve Board, the Securities and Exchange Commission, and the Commodity Futures Trading Commission. Nason oversees the Terrorism Risk Insurance Program, which is the Treasury office that implements and manages the program created by the Terrorism Risk Insurance Act of 2002.
Prior to Treasury, Mr. Nason was at the Securities & Exchange Commission where he served as counsel to Commissioner Paul S. Atkins. In this capacity, he served as a primary adviser for capital raising and corporate governance issues, Gramm-Leach-Bliley compliance, and hedge fund and mutual fund initiatives.
Prior to joining the SEC, Mr. Nason was an attorney at Covington & Burling in Washington, D.C., where he focused on securities offerings, mergers and acquisitions, and federal tax planning. Nason previously served as law clerk to the Honorable Marvin J. Garbis of the U.S. District Court for District of Maryland.
A native of Providence, Rhode Island, Mr. Nason received a B.S. in Finance from The American University, and a J.D., summa cum laude, from The Washington College of Law at The American University. He is married and has two daughters. |
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