Congressman He was elected congressman representing the
3rd district of
Negros Oriental from 1987 to 1998. Following his three terms in office—the maximum number allowed by the constitution—he was succeeded by his father,
Herminio Teves.
Secretary of Finance Teves was appointed as Secretary of the
Department of Finance in July 2005 by President
Gloria Macapagal Arroyo, following a mass resignation of her economic team. As Finance Secretary, he oversaw the Arroyo administration's aggressive attempts to decrease the government's budget deficit. ==Personal life==