What did Timothy Geithner do?
He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration. As President of the New York Fed and Secretary of the Treasury, Geithner had a key role in government efforts to recover from the financial crisis of 2007–08 and the Great Recession.
Who is Obama Secretary Treasury?
Jack Lew | |
---|---|
Official portrait, 2013 | |
76th United States Secretary of the Treasury | |
In office February 28, 2013 – January 20, 2017 | |
President | Barack Obama |
Who is the former Secretary of Treasury?
Prior Secretaries
Secretary | Dates Served |
---|---|
Alexander Hamilton, New York | Sept. 11, 1789 – Jan. 31, 1795 |
Oliver Wolcott Jr., Connecticut | Feb. 3, 1795 – Mar. 3, 1797 Mar. 4, 1797 – Dec. 31, 1800 |
Samuel Dexter, Massachusetts | Jan. 1, 1801 – Mar. 3, 1801 Mar. 4, 1801 – May. 6, 1801 |
Where is Timothy Geithner now?
Former Treasury Secretary Timothy Geithner Is Now a Private-Equity Firm Executive.
Who is Treasury secretary now?
The current secretary of the treasury is Janet Yellen. She is the first woman to hold the post….
United States Secretary of the Treasury | |
---|---|
Flag of the Secretary of the Treasury | |
Incumbent Janet Yellen since January 26, 2021 | |
United States Department of the Treasury | |
Style | Madam Secretary (informal) The Honorable (formal) |
What are the responsibilities of the Secretary of Treasury?
The secretary of the Treasury acts as a principal advisor to the President and the Cabinet on economic issues. The United States Department of the Treasury, which the secretary oversees, performs many important functions, including paying the nation’s bills, printing money, and collecting taxes.
Who is in charge of the Treasury Department?
Janet Yellen
United States Secretary of the Treasury | |
---|---|
Flag of the Secretary of the Treasury | |
Incumbent Janet Yellen since January 26, 2021 | |
United States Department of the Treasury | |
Style | Madam Secretary (informal) The Honorable (formal) |
Who was Timothy Geithner’s father at Ford Foundation?
During the early 1980s, Geithner’s father oversaw the Ford Foundation’s microfinance programs in Indonesia being developed by Ann Dunham Soetoro, Barack Obama’s mother, and they met at least once in Jakarta.
Where did Timothy Geithner’s paternal grandfather come from?
Geithner’s paternal grandfather, Paul Herman Geithner (1902–1972), immigrated with his parents to the United States in 1908 from Zeulenroda, Germany. Geithner’s mother, a Mayflower descendant, belongs to a New England family.
What did Timothy Geithner do for the United States?
Geithner also managed the administration’s efforts to restructure regulation of the nation’s financial system; attempts to spur recovery of the mortgage market and the automobile industry; demands for protectionism; tax reform; and negotiations with foreign governments on global finance issues.
When did Timothy Geithner become president of New York Fed?
In October 2003, Geithner was named president of the Federal Reserve Bank of New York. As president of the New York Fed, he served as Vice Chairman of the Federal Open Market Committee. In 2006, he became a member of the Washington-based financial advisory body, the Group of Thirty.