Margaret Wolman Schwartz, 97, an economist who became director of the Treasury Department’s foreign assets control bureau, died April 3 at Howard County General Hospital. She had atherosclerotic cardiovascular disease.

Dr. Schwartz spent much of her career at Treasury after earning a doctorate in political economy from Johns Hopkins University in 1937. In the foreign assets control bureau, she helped enforce embargoes and control illegal imports. She retired in the early 1970s.

She was a 1964 recipient of the Federal Woman’s Award, which honors influence, quality and efficiency in government.

Margaret Wolman was a Baltimore native; her uncle, Leo Wolman, was a noted labor economist. She was a longtime Arlington resident and recently moved to Vantage House retirement community in Columbia.

Her husband, Irving S. Schwartz, whom she married in 1941, died in 1960.

Survivors include two children, Deborah Axelrod of Columbia and Andrew Schwartz of Jackson, Wyo.; five grandchildren; and two great-grandchildren.

— Adam Bernstein