Karen Dunn Kelley
|United States Deputy Secretary of Commerce|
|Assumed office |
November 28, 2018
|Preceded by||Bruce H. Andrews|
|Under Secretary of Commerce for Economic Affairs|
September 22, 2017 – November 28, 2018
|Preceded by||Mark Doms|
|Education||Villanova University (BS)|
Karen Dunn Kelley is an American financial investment manager and government official who currently serves as Deputy Secretary of Commerce. Prior to assuming her current role, she was senior managing director of investments at Invesco.
Kelley began her career at Drexel Burnham Lambert, where she worked on the Fixed Income High Grade Retail Desk and eventually became vice president in the bond department. She joined Invesco in 1989 as a money market portfolio manager. In 1992, Kelley became chief money market and government officer at the company. In 2007, she was named head of Invesco's fixed income and cash management team. In 2011, she became the firm's senior managing director of investments.
Kelley was unanimously confirmed by the U.S. Senate to serve as Under Secretary of Commerce for Economic Affairs on August 3, 2017, and she was subsequently sworn in on September 22, 2017. She assumed the duties of acting Deputy Secretary of Commerce upon being sworn in to the position of Undersecretary. President Donald Trump later announced on June 4, 2018, that Kelley would be nominated to serve full-time in the position of Deputy Secretary. The United States Senate confirmed Kelley to be Deputy Secretary of the Department of Commerce in a 62-38 vote on November 28, 2018.
Bruce H. Andrews
| United States Deputy Secretary of Commerce