Luke Pettit

• Pandemic-program role: None direct. 2025-era political appointee (Trump II), Senate-confirmed Assistant Secretary for Financial Institutions. Took office years after PPP/EIDL/CRF.
• Institution · office: Treasury · Domestic Finance, Office of the Assistant Secretary for Financial Institutions (also acting Under Secretary for Domestic Finance) · Type: political(PAS)
• Tenure (relief-relevant): Assistant Secretary for Financial Institutions by July 29, 2025 (Treasury release sb0210); named acting Under Secretary for Domestic Finance in that release, a role that ended when Jonathan McKernan was confirmed on Oct 7, 2025 (Treasury release sb0274; see his profile).

Identity and role

• Level / appointment: PAS, Senate-confirmed, for Assistant Secretary for Financial Institutions (Executive Schedule level IV). The Under Secretary for Domestic Finance role he held only in an acting capacity.
• Reports to: Under Secretary for Domestic Finance / Secretary of the Treasury (for the Assistant Secretary post); the Secretary while acting as Under Secretary.
• Core responsibility: Policy on banks, credit unions, and other financial institutions; oversight of the CDFI Fund; financial-sector resilience and access to capital. As acting Under Secretary, the broader Domestic Finance portfolio (debt management, financial markets, financial institutions, fiscal service).
• Pay: Executive Schedule Level IV; the OPM 2021-EX table lists Level IV at $172,500 . No individual figure is documented.
• Expectations / mandate: Statutory/operational duties of the Financial Institutions office, including CDFI Fund stewardship and financial-institutions policy; carry delegable Under Secretary duties during the Domestic Finance vacancy.
• Tenure norm: Serves at the pleasure of the President.

Biography / career arc

• BA, Philosophy, Politics and Economics, University of Pennsylvania; MSc, Economic History, London School of Economics; MS, Applied Economics, Johns Hopkins University (Treasury release sb0210).
• Federal Reserve, Division of Monetary Affairs; Bridgewater Associates; Senate Banking Committee; Senior Policy Advisor to Sen. Bill Hagerty (R-TN) (Treasury release sb0210).

Pandemic-relief / PPP-EIDL role

None documented. No first-party source connects him to administering, drafting, or signing any pandemic-relief program.

Where they are now (2025–2026)

Listed as Assistant Secretary for Financial Institutions on the Treasury officials roster as captured June 25, 2026 (roster); the acting Under Secretary duties ended with Jonathan McKernan's Oct 7, 2025 confirmation. His office is the Treasury home of the CDFI Fund , the bureau that, under Director Jodie Harris, ran the CDFI channel of PPP in 2020.

Sources held in this archive

Original source documents and archived captures

• Treasury appointments announcement
• Treasury quarterly refunding statement referencing the Domestic Finance leadership context

Sources (first-party)

• Treasury quarterly refunding statement referencing the Domestic Finance leadership context (original: home.treasury.gov · stored capture) (Treasury quarterly refunding statement referencing the Domestic Finance leadership context)
• Treasury appointments announcement (original: home.treasury.gov · stored capture) (Treasury appointments announcement)
• Hagerty Introduces Luke Pettit Trumps Nominee To Be Assistant Secretar 95669f6299e2241b (original: hagerty.senate.gov · stored capture) (Senate office: nominee background)