For the Ferrari-loving young Republican banker, better known as the 'Bailout Man', it was not a dream beginning.
Neel Kashkari first major speech, at a conference in Midtown Manhattan, not only left the media grumbling, it also failed to send any clear signal to the stock markets.
His reluctance to field more than two-to-three questions during the media briefing also left troubled financial experts, who had turned up in hordes, highly disappointed.
According to a report published in New York Post, in response to the first question, about the government's latest lifeline for beleaguered insurance company American International Group, Kashkari gave a clipped response before quickly moving on.
There was nothing new in what he said, nor was there any indication about how the government plans to use US taxpayer's money. Moreover, news that AIG's rescue budget has been hiked to $150 billion from $123 billion intensified fears that the government is not using tax payers' money prudently.
In another development, the assistant Treasury secretary has been asked to testify before the Congress on Friday.
According to a report in ABC News the lawmakers said, that it's high time the Treasury Department speaks 'clearly and definitively to Congress and the American people' about how it plans to utilise the 'extraordinary sums Congress has authorised'.