U.S. Department of Treasury
Ms. Coloretti joined the Obama Administration as the Treasury Department’s Deputy Assistant Secretary for Management and Budget in September 2009. She most recently helped stand up the Consumer Financial Protection Bureau, passed in the Dodd-Frank Act in July 2010, as its first Acting Chief Operating Officer. Ms. Coloretti also helped create and implement quarterly bureau performance and budget reviews with the Treasury Deputy Secretary and Assistant Secretary for Management/CFO. Such reviews are now part of the Government Performance and Results Act, which was updated in January 2011. Ms. Coloretti manages Treasury-wide budget and performance staff and the finance staff for Treasury Headquarters.
Ms. Coloretti came to the Treasury Department from San Francisco Mayor Gavin Newsom’s office, where she worked for four years. While there, she engaged stakeholders to create and implement San Francisco’s $6.5 billion annual budget, and developed programs and policies to carry out the Mayor’s priorities in several areas, such as health care and information technology. Ms. Coloretti’s prior work also includes: directing investment at a San Francisco department for children and youth, economics consulting at the Law and Economic Consulting Group, a firm started by several UC Berkeley professors; budget, health and welfare analysis at the federal Office of Management and Budget during the Clinton Administration, and budget analysis on the state budget in Hawaii.
Nani holds a B.A. in Economics and Communications from the University of Pennsylvania and a Master’s in Public Policy from UC Berkeley. She grew up in Honolulu, Hawaii.