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Victoria B. Wassmer

Assistant Secretary for Budget and Programs and Chief Financial Officer

Victoria WassmerVictoria has established and led high-profile organizations and programs in both the public sector and private industry for over 25 years. She joined the Department of Transportation (DOT) in January 2021, and is responsible for the Department’s $144.9 billion budget, including budget development and execution, agency-wide performance, program evaluation, enterprise risk management, financial management, internal controls, and financial reporting. She serves as the principal fiscal advisor to the Secretary.

Victoria’s joined 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. Victoria is no stranger to DOT, having served for many years as a Senior Executive for the Federal Aviation Administration (FAA). As the FAA’s first Assistant Administrator for Finance and Management, 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.

Victoria Wassmer - Assistant Secretary of Budget and Programs, and Chief Financial Officer - U.S. Department of Transportation | LinkedIn