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Timothy Geithner

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Timothy Geithner

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Also known as Timothy Franz Geithner, Tim Geithner, Timothy F. Geithner

American central banker and politician

Person · Open Library

Works
2

Top works

  • Per Jacobsson Lecture
  • Stress Test

via Open Library + Wikidata

Music · MusicBrainz

Type
Person
Gender
Female
Origin
Germany

via MusicBrainz · CC0

Quotes

  • We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite the presence of regulation you got huge risks built up.
  • Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what's necessary to keep inflation low and stable over time.
  • We believe in a strong dollar … Chinese financial assets are very safe.

via Wikiquote · CC BY-SA

Key facts

President
Barack Obama
Deputy
Neal S. Wolin
Preceded by
Henry Paulson
Succeeded by
Jack Lew
Born
Timothy Franz Geithner , ( 1961-08-18 ) August 18, 1961 (age 64) , New York City , New York , U.S.
Party
Independent
Spouse
Carole Sonnenfeld ​ ( married</span>"}]]}'>m. 1985 ) ​
Education
Dartmouth College ( BA ), Johns Hopkins University ( MA )

via Wikipedia infobox

Wikidata facts

Image
Timothy Geithner official portrait.jpg
Number of children
2
Show 3 more facts
Commons category
Timothy F. Geithner
date of birth
1961-08-18
Sources (4)

via Wikidata · CC0

~28 min read

Article

Timothy Franz Geithner (/ˈɡaɪtnər/; born August 18, 1961) is an American former central banker who served as the 75th United States secretary of the treasury under President Barack Obama from 2009 to 2013. He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration. Since March 2014, he has served as president and chairman of Warburg Pincus, a private equity firm headquartered in New York City.

As President of the New York Fed and Secretary of the Treasury, Geithner had a key role in government efforts to recover from the 2008 financial crisis and the Great Recession. At the New York Fed, Geithner helped manage crises involving Bear Stearns, Lehman Brothers, and the American International Group; as Treasury Secretary, he oversaw allocation of $350 billion under the Troubled Asset Relief Program, enacted during the previous administration in response to the subprime mortgage crisis. 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.

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