Mark Sobel

Mark Sobel spent his career at the US Treasury Department, eventually serving as Deputy Assistant Secretary for International Monetary and Financial Policy. In this role, he was instrumental in developing and implementing the US framework for designating countries as currency manipulators, shaping US policy in international monetary fora including the G7, G20, and IMF. After retiring from Treasury, he joined OMFIF (Official Monetary and Financial Institutions Forum) as a senior figure. His extensive knowledge of how the US views currency policy, dollar hegemony, and international monetary coordination makes him a sought-after voice on FX policy issues. His Treasury career spanned several administrations and multiple major international currency episodes, including the Plaza Accord aftermath, Asian financial crisis, euro introduction, and China's managed exchange rate policy. At OMFIF, his published analysis on dollar dominance, reserve currency diversification, and the monetary policy implications of central bank digital currencies is widely read by policymakers and institutional investors. He has testified before Congress and participates regularly in international monetary policy conferences.