Advertisement

Personality Spotlight: Timothy Geithner

Personality Spotlight: Timothy Geithner
Treasury Secretary-designate Timothy Geithner stands at a news conference where President-elect Barack Obama introduced his economic team on November 24, 2008 in Chicago. Obama also introduced National Economic Council Director-designate Lawrence Summers, Council of Economic Advisers Chair-designate Christina Romer and White House Domestic Policy Council Director-designate Melody Barnes. (UPI Photo/Brian Kersey) | License Photo

WASHINGTON, Nov. 24 (UPI) -- Timothy Geithner, president of the Federal Reserve Bank of New York, brings his experience in formulating monetary policy to the U.S. treasury secretary post.

Geithner, 47, became the New York Fed's ninth president in 2003, and has served as the vice chairman and a permanent member of the Federal Open Market Committee, the group responsible for formulating the nation's monetary policy.

Advertisement

He first joined the Treasury Department in 1988, working under three U.S. administrations and for five treasury secretaries in numerous positions. He was undersecretary of the treasury for international affairs from 1999 to 2001 under Secretaries Robert Rubin and Lawrence Summers, who was named Monday as U.S. President-elect Barack Obama's chief economic adviser.

Geithner was as an official of the International Monetary Fund from 2001 to 2003. Before joining the government, he worked for Kissinger Associates Inc.

Geithner graduated from Dartmouth College with a bachelor's degree in government and Asian studies in 1983 and from the Johns Hopkins School of Advanced International Studies with a master's in International Economics and East Asian Studies in 1985.

Latest Headlines

Advertisement
Advertisement

Follow Us

Advertisement