Coloretti's early experience includes work as a budget analyst in the Hawaii Department of Public Safety from 1991 to 1992, and later in budget, health, and welfare analysis as a Presidential Management Fellow and budget and program examiner in the Health Financing Branch at the Office of Management and Budget during the Clinton administration from 1994 to 1997, as well an economic and financial consultant in the Public Policy Practice of the LECG Corporation from 1997 to 1999.[9]
San Francisco
From 1999 to 2005, Coloretti was the director of policy, planning, and budget for the San Francisco Department of Children, Youth, and Their Families before moving to the Mayor's Office under Gavin Newsom in 2005 as deputy policy director and then policy director until 2006.[10] She then moved to being budget director, managing the development and implementation of San Francisco's $6 billion annual budget and advised Newsom on multiple policy areas.[6]
Department of the Treasury
She joined the Treasury Department in 2009 as principal deputy assistant secretary for management and budget, during which time she was detailed to the Consumer Financial Protection Bureau to help establish it as acting COO from 2011 to 2012. She was then acting assistant secretary for management from April 2012 until she was confirmed to that role in November 2012, serving concurrently as acting chief financial officer until that nomination was withdrawn in favor of her eventual HUD nomination.[11] In that role she oversaw all operational areas including the development and execution of the department's budget, performance and strategic planning processes, procurement, human resources, information technology, and the management of Treasury's headquarters and bureaus.[6][9]
After elevating Shalanda Young from the deputy position to the OMB's permanent director, President Joe Biden announced the nomination of Coloretti to serve as deputy director of the Office of Management and Budget.[18] She was previously floated as a candidate for the director position following the failed nomination of Neera Tanden.[19] On March 29, 2022, the United States Senate invoked cloture on her nomination by a 56–43 vote.[20]
Coloretti was confirmed later that day by a 57–41 vote.[21]
Awards and recognition
Coloretti is a recipient of the National Public Service Award, the Public Policy and International Affairs Achievement Award, the Government Finance Officers Association Distinguished Budget Presentation Award, and the Fed 100 Award.[6]
