ONE ON ONE CONTINUES
Treasurer of the United States Rosie Rios, Assistant Secretary for Intelligence and Analysis Leslie Ireland, Assistant Secretary for Inter- national Markets and Development Marisa Lago and Assistant Secretary for Financial Markets Mary John Miller speak at the inaugural Women in Finance Leadership Series at the Treasury Department in October 2010.
Rios: I have basically three different tranches of responsi- bility. My primary responsibility is having direct oversight over the Bureau of Engraving and Printing and the U.S. Mint. The Bureau of Engraving and Printing obviously produces the money. The U.S. Mint produces the coins. I am the first treasurer to chair the Advanced Counter- feit Deterrence Steering Committee. It is a collaborative that exists between the treasury, the Federal Reserve and Secret Service, and it focuses on security issues in cur- rency design, among other issues. The second highlight is as senior advisor to the treasury secretary on issues of community development. I was also a member of the American Recovery and Reinvestment Act team here with a focus on BuildAmerican bonds (which helped local governments finance capital projects). I am also part of a team here that focuses on issues of access to capital, small business, job creation, etc. The third part of my responsi- bilities is kind of what I call this ambassador role on behalf
10 WOMENOFCOLOR | SPRING 2011
of the treasury. I do a lot of speaking engagements with a focus on Main Street, whether it is the Boy Scouts or being a keynote speaker at a conference about capital for entrepreneurs.
WOC: How big a problem is counterfeiting?
Rios: It is not as big as you think. It is very important for the federal government to stay in front of the coun- terfeiters as we think about what our currency looks like that we incorporate state-of-the-art, high-tech features. Most of our challenges are overseas. Over two thirds of the hundreds [of counterfeit currency] in circulation are overseas.
WOC: What role did the lack of financial literacy play in the economic meltdown?
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