Providing an Order of Succession Within the Department of the Treasury
- Executive Order Number
- 14137
- President
- Joseph R. Biden Jr.
- Signed
- January 3, 2025
- Published
- January 13, 2025
- Source
- Federal Register
- Original Document
- https://www.govinfo.gov/content/pkg/FR-2025-01-13/pdf/2025-00618.pdf
AI-Generated Summary
Executive Order 14137: Providing an Order of Succession Within the Department of the Treasury
Purpose
The purpose of Executive Order 14137 is to establish a clear order of succession for the position of Secretary of the Treasury, ensuring continuity of leadership within the Department of the Treasury during periods when both the Secretary and the Deputy Secretary are unable to perform their duties.
Key Actions or Directives
- Order of Succession: The order lists specific officials who will act as Secretary in the absence of both the Secretary and the Deputy Secretary. The sequence is as follows:
- Any Under Secretary of the Treasury (by seniority)
- General Counsel for the Department of the Treasury
- Any Deputy Under Secretary or Assistant Secretary of the Treasury (by seniority)
- Chief of Staff
- Assistant Secretary for Management
- Fiscal Assistant Secretary
- Commissioner of Internal Revenue
- Commissioner, Bureau of the Fiscal Service
- Deputy Commissioner, Financing and Operations, Bureau of the Fiscal Service
- Deputy Commissioner, Internal Revenue Service
- Exceptions:
- Officials serving in an acting capacity are not eligible to act as Secretary.
- Eligibility to act as Secretary is contingent on meeting the criteria set forth in the Federal Vacancies Reform Act of 1998.
- The President retains discretion to depart from this order when designating an acting Secretary.
- Revocation: Executive Order 13735 of August 12, 2016, which previously established the order of succession, is revoked.
Significant Changes to Policy or Law
- This order updates and replaces the previous order of succession within the Department of the Treasury, potentially altering the line of succession from what was established in 2016.
Potential Impacts
- Government Agencies: The Department of the Treasury and its various bureaus and offices will have a clear line of succession, potentially affecting internal operations and decision-making processes during leadership transitions.
- Citizens: The general public may experience indirect impacts if the leadership transition affects the Department's policy decisions or operations.
- International Relations: The order of succession might have implications for international financial relations if a change in leadership affects U.S. fiscal policy or Treasury operations.
Main Stakeholders
- Department of the Treasury: Directly affected by the order as it pertains to internal leadership and succession planning.
- Senior Officials within the Department: Those listed in the order of succession are the primary stakeholders.
- U.S. Government: Other branches and agencies may be indirectly affected by changes in Treasury leadership.
Notable Legal, Constitutional, or Political Implications
- Legal: The order is grounded in the Federal Vacancies Reform Act of 1998, ensuring compliance with existing federal law regarding the temporary filling of executive positions.
- Constitutional: The President's authority to issue this order stems from the Constitution and statutory powers, reflecting the executive's role in managing federal agencies.
- Political: The revocation of the previous order and the establishment of a new succession plan may reflect changes in administration priorities or political strategy regarding key financial leadership roles.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.