Andy Baukol facts for kids
Quick facts for kids
Andy Baukol
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| Under Secretary of the Treasury for International Affairs | |
| Acting April 2021 – January 13, 2023 |
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| President | Joe Biden |
| Preceded by | Brent McIntosh |
| Succeeded by | Jay Shambaugh |
| United States Secretary of the Treasury | |
| Acting January 20, 2021 – January 26, 2021 |
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| President | Joe Biden |
| Preceded by | Steven Mnuchin |
| Succeeded by | Janet Yellen |
| Personal details | |
| Education | Georgetown University (BS) University of Minnesota (MA) |
Andrew P. Baukol is an American expert in money and government finances. He has held important roles in the United States Department of the Treasury, which is like the country's main bank. For a short time in January 2021, he was the acting leader of the Treasury Department, known as the Secretary of the Treasury. This happened right when Joe Biden became president, and Mr. Baukol filled in until the new Secretary, Janet Yellen, was officially approved.
After that, he became the acting Under Secretary of the Treasury for International Affairs, a job where he helped manage how the U.S. deals with other countries on money matters. He is also a governor for the International Bank for Reconstruction and Development, which helps countries around the world.
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Education and Learning
Andy Baukol studied at two well-known universities. He earned a Bachelor of Science degree from the Walsh School of Foreign Service at Georgetown University. This school focuses on international relations and global studies. Later, he received a Master of Arts degree in economics from the University of Minnesota. Economics is the study of how money, goods, and services are made and used.
Career Highlights
Mr. Baukol has had a long and interesting career working for the U.S. government and international organizations.
Early Career
From 1989 to 1996, he worked for the Central Intelligence Agency (CIA). At the CIA, he was an economic analyst, which means he studied how different countries' economies were doing. This helped the U.S. government understand global financial situations.
International Monetary Fund
From 2001 to 2004, Andy Baukol was a senior advisor at the International Monetary Fund (IMF). The IMF is an organization that works to make the global economy stable. It helps countries with financial problems and promotes international cooperation on money matters.
Working at the Treasury Department
After his time at the IMF, Mr. Baukol joined the United States Department of the Treasury. This department is in charge of the U.S. government's money. He helped manage policies related to the Exchange Stabilization Fund, which is a special fund used to keep the U.S. dollar stable in the world market. He also served as a principal deputy assistant secretary for international monetary policy, helping to shape how the U.S. handles money issues with other nations.
In 2021, before President Biden took office, the then-Treasury Secretary, Steven Mnuchin, chose Andy Baukol to be the director for the presidential transition at the agency. This meant he helped make sure the change from one presidential administration to the next went smoothly for the Treasury Department.
