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Honoring Rosie Rios, 43rd Treasurer of U.S.

July 13, 2016

 

This past week, I had the privilege of attending Rosie Rios’s farewell and awards ceremony in Washington D.C. After eight years of serving as the 43rd Treasurer of the United States, Rosie spoke enthusiastically of moving on to the next chapter of her life and career.

 

Rosa "Rosie" Gumataotao Rios was nominated to fill the post of Treasurer of the United States by President Obama in May 2009. The U.S. Senate unanimously confirmed her appointment in July 2009.

 

Rios attended Harvard University where she graduated with high honors before moving into real estate finance. She then turned to the public sector, overseeing economic development in different cities including Oakland, California. From there, she became a principal partner at the consulting firm of Red River Associates.

 

Prior to her appointment, Rios was the managing director of investments for MacFarlane Partners, a real estate management firm based in San Francisco. She worked in Virginia to help solidify the Latino vote during President Obama’s first presidential campaign, leading to her placement on the Treasury-Federal Reserve transition team.

 

As Treasurer, Rios oversaw the Bureau of Engraving and Printing, the United States Mint, and was a key liaison with the Federal Reserve. She was also a senior advisor to the Secretary of the Treasury and strongly promoted the concept of a woman appearing on U.S. currency. 

 

"I am particularly grateful for her creativity and leadership in the effort to redesign our paper currency and to ensure that future notes reflect, for the first time in 120 years, the important role of women in shaping our democracy, Politico quoted Jack Lew, the U.S. Secretary of Treasury. "I thank her for her service and wish her all the best in her future endeavors."

 

Federal Reserve notes will change with her departure. A suffix letter is often added to the series issue to acknowledge a treasurer replacement. Notes will also feature a new signature when the 44th Treasurer is appointed.

 

*Source material taken from: http://www.coinnews.net/2016/07/12/rosie-rios-43rd-treasurer-of-u-s-steps-down/

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