Karen Dunn Kelley Explained

Karen Dunn Kelley is an American financial investment manager and government official who served as Deputy Secretary of Commerce from 2018 to 2021.^[1] Prior to her appointment to the Department of Commerce, she was senior managing director of investments at Invesco.^{[2] [3]}

Education

Kelley earned a Bachelor of Science degree from the Villanova School of Business at Villanova University.

Career

Finance

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.^[4]

U.S. Department of Commerce

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.^[5] She assumed the duties of acting Deputy Secretary of Commerce upon being sworn in to the position of Undersecretary.^[6] President Donald Trump later announced on June 4, 2018, that Kelley would be nominated to serve full-time in the position of Deputy Secretary.^[7] The United States Senate confirmed Kelley to be Deputy Secretary of the Department of Commerce in a 62–38 vote on November 28, 2018.^[8]

Personal life

Kelley is married to Joseph L. Kelley, a physician. The couple have three children.^[9]

External links

• Profile at Bloomberg

Notes and References

1. Web site: PN516 – Karen Dunn Kelley – Department of Commerce . Congress.gov. 4 August 2017.
2. News: Vasan . Paula. Karen Dunn Kelley, Top Women In Asset Management Awards Winner. 8 June 2017. Financial Planning. May 19, 2015.
3. News: Ten Nominations and One Withdrawal Sent to the Senate Today. https://web.archive.org/web/20170526022724/https://www.whitehouse.gov/the-press-office/2017/05/25/ten-nominations-and-one-withdrawal-sent-senate-today. dead. May 26, 2017. 8 June 2017. The White House. May 25, 2017.
4. News: Karen Dunn Kelley Becomes Head of Invesco Fixed Income. 8 June 2017 . Crane Data.
5. Web site: United States Department of Commerce . Karen Dunn Kelley, Under Secretary for Economic Affairs, performing the nonexclusive duties of the Deputy Secretary of Commerce . June 21, 2018 . September 22, 2018 . https://web.archive.org/web/20180922115221/https://www.commerce.gov/directory/karendunnkelley . dead .
6. News: Gillis . Chris . American Shipper . Kelley steps in as acting deputy commerce secretary . June 21, 2018 .
7. News: The White House . Eight Nominations Sent to the Senate Today . June 21, 2018 . . .
8. Web site: US Senate Roll Call Votes 115th Congress – 2nd Session. US Senate. United States Government Publishing Office. November 29, 2018.
9. Web site: Karen Dunn Kelley. U.S. Department of Commerce. en. 2020-04-29. 2020-11-12. https://web.archive.org/web/20201112034937/https://www.commerce.gov/about/leadership/karen-kelley. dead.