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Treasurer of the United States to Present Baccalaureate Commencement Address  

Image of U.S Treasure, Jovita Carranza

Photo Credit: Toya Sarno Jordan/The Hill. 

United States Treasurer Jovita Carranza will deliver the keynote address at Seton Hall's baccalaureate commencement ceremony on Monday, May 21. The ceremony marks the 161st graduation in Seton Hall history.

Appointed by the President of the United States, Carranza, as Treasurer, serves as a principal advisor to the Secretary of the Treasury and as a liaison to the Federal Reserve. Consistent with the Treasury's mission to maintain a strong economy, foster economic growth and promote prosperity and stability, Treasurer Carranza oversees the Office of Consumer Policy. This Office provides policy leadership, research, and analysis in these areas, and coordinates the interagency Financial Literacy and Education Commission on behalf of the Secretary, its Chair. The Treasurer also serves as the Secretary's designee on the Community Development Financial Institutions Fund's Community Development Advisory Board.

Carranza also oversees the Bureau of Engraving and Printing, which produces the nation's paper currency; the Bureau of the Mint, which produces U.S. coins; and Fort Knox, which holds the nation's gold bullion depository.

As such, Treasurer Carranza's signature may be found on United States currency, warranting (much like the signing of a check) that "This Note is Legal Tender for All Debts, Public and Private."

Prior to her appointment as Treasurer, Carranza was appointed and served as Deputy Administrator for the United States Small Business Administration under George W. Bush. During her tenure, Ms. Carranza helped to manage more than 80 field offices across the country and a portfolio of direct and guaranteed business loans, venture capital investments and disaster loans worth almost $80 billion.

The daughter of Mexican immigrants, she started her career at United Parcel Service in the 1970s as a part-time night-shift box handler. More than 20 years later, she rose to the level of President of Latin American and Caribbean Operations at UPS and was the highest-ranking Latina in company history.

Regarding her rise through the ranks of corporate America and government service, Carranza notes: "I progressed from an extremely deep blue-collar family income to achieving the American Dream of white collar corporate leadership by leveraging my hard-earned education."

She is the founder and CEO of the supply-chain management company JCR Group, which consults with corporations and government agencies on business development, profit and loss management, operations, logistics and systems optimization.

A committed and active community leader, Treasurer Carranza's prior philanthropic activities include serving on several boards and councils including: the American Cancer Society Corporate Advisory Board; Illinois Enterprise Zone Advisory Board; U.S. Global Leadership Council; U.S. Small Business Administration—Service Corps of Retired Executives-SCORE; and as a Trustee Chair at the School of Business Council at Alverno College.

Treasurer Carranza earned her M.B.A. from the University of Miami in Coral Gables, Florida and received executive, management, and financial training at the INSEAD Business School in Paris, France; Michigan State University; and the University of Chicago.

Categories: Nation and World

For more information, please contact:

  • Michael Ricciardelli
  • (973) 378-9845
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