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About the CFO

Overview

The CFO's office is led by a strong team of experienced managers who work to provide sound budget development, disciplined performance review, rigorous financial management, and responsible credit administration for the Department. The office is headed by the Chief Financial Officer and Assistant Secretary for Budget and Programs who serves as principal fiscal advisor to the Secretary. Below are the professional bios for the CFO and the Deputy Assistant Secretaries. To read professional bios for the other members of the office's senior management team, click here.


Deputy Assistant Secretary for Finance & Budget and the Acting Chief Financial Officer
Victoria B. Wassmer

Victoria Wassmer

Victoria has established and led high-profile organizations and programs in both the public sector and private industry for over 25 years. She is joining the Department of Transportation (DOT) from Ernst & Young, where she served as a Managing Director in the government and public sector practice.  Previously, she worked as the director of agency operations for DC Government under Mayor Muriel Bowser. Victoria is no stranger to DOT, having served for many years as a Senior Executive for the Federal Aviation Administration (FAA). As the Assistant Administrator for Finance and Management at FAA, Victoria directed the agency’s $16.4 billion budget, led a workforce of over 3,000 employees, and oversaw the agency’s financial management, information technology, acquisitions, property, the operations of nine regional offices and the Mike Monroney Aeronautical Center. Other senior positions at the FAA include serving as the Acting Deputy Administrator and Chief NextGen Officer as well as the Chief Financial Officer.

Victoria also served as Vice President of Administration and Finance at the Millennium Challenge Corporation in 2010-2011. Other professional highlights include six years at the Office of Management and Budget and work as a research assistant at the Development Bank of South Africa after the first democratic elections in 1994. She holds a master’s degree in Public Policy from Harvard University and a bachelor’s degree in political science from Bryn Mawr College.


Deputy Assistant Secretary
Lana T. Hurdle

Lana HurdleLana Hurdle is the Deputy Assistant Secretary for Budget and Programs at the United States Department of Transportation.  She is the principal career Deputy and the senior member of the Chief Financial Officer and Assistant Secretary for Budget and Programs team.  Lana directs the overall budget and program performance process for the Department and supports the leadership team on a wide variety of projects.  Most recently, Lana has served as the Department’s Presidential Transition Director providing advice and assistance to the senior career staff in preparing for a change in Administrations.

Since the passage of the Fixing America’s Surface Transportation Act, Lana has been a key resource in the implementation of the Department’s new “Build America Bureau”.  When fully implemented, the Bureau will provide a modern center for innovative finance solutions that will support transportation projects throughout the Nation.   Lana co-lead the Department’s Transportation Investments Generating Economic Recovery (TIGER) Team charged with implementing the 2009 Recovery Act.   This team successfully obligated $48.1 billion on transportation projects throughout the Nation creating jobs and assisting local economies.  From 2001 through 2008, Lana served as the Department’s Director of Budget and Program Performance and was responsible for the formulation, justification, and execution of the Department’s annual budget requests.

Lana received the prestigious Meritorious (2006) and Distinguished Executive (2011) Senior Executive Service Presidential Rank Awards for her contributions in budget and financial management throughout her Federal service. 

Prior to her assignments at the Department of Transportation, Lana served as the Chief Financial Officer for the United States Peace Corps for three separate Peace Corps Directors.  She was the senior financial management official overseeing all financial management services spanning 77 countries world-wide.

Lana began her Federal government career at the Office of Management and Budget, Executive Office of the President where she served as Budget Examiner for the United States Coast Guard, the Federal Trade Commission, and the National Transportation Safety Board programs.

She received her Bachelor’s Degree in Government and Foreign Affairs from the University of Virginia in 1977.  Lana lives in Arlington, Virginia with her husband Robert.  Lana and Robert are active dog foster parents with “A Forever Home Dog Rescue” and are devoted to their canine companions Riesling and Pearl.

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MISSION

To provide leadership, advice, and guidance to the Secretary in the development, implementation, and administration of the Department’s budget, financial management, and performance management.

VISION

To continually improve the financial management, budget formulation and execution, and program performance of DOT.
 

Last updated: Monday, April 19, 2021