Matthew Rutherford played a key role as the Treasury navigated the global financial crisis, the first downgrade of U.S. government securities and a record budget deficit. What lies ahead for him will be much subtler.
Matthew Rutherford, who oversees the U.S. Treasury’s debt-management office, was nominated by President Barack Obama to be the department’s assistant secretary for financial markets.
The U.S. Treasury Department won’t change its debt management policy if the Federal Reserve decides to shift its government securities portfolio into shorter-term debt, a Treasury official said today.
"We're trying to separate out the debt-ceiling debate from this."
- Matthew Rutherford on May 08, 2014