Secretariat of Finance and Public Credit

The Secretariat of Finance and Public Credit (Secretaría de Hacienda y Crédito Público or SHCP) is Mexico's finance ministry. The Secretary of Finance and Public Credit is a member of the federal executive cabinet and is appointed by the President of the Republic. In Mexico the Secretary of Finance is the head of the Secretariat of Finance and Public Credit. This position is analogous to the Secretary of the Treasury in the United States of America or to the finance ministers of other nations. The current Secretary of Finance is Ernesto J. Cordero replacing Agustín Carstens Carstens who started as the Secretary at the beginning of Felipe Calderón's presidency.