Geithner getting reinforcements at Treasury
Email|Link|Comments (0) Posted by Foon Rhee, deputy national political editor March 23, 2009 06:59 PM
Timothy Geithner might finally get some help.
Political pundits have been joking that the embattled treasury secretary has been "home alone" while dealing with the financial crisis because several people in the mix for key posts in the department dropped out during the vetting process.
This evening, President Obama announced his picks for three of the four most senior jobs: Neal S. Wolin, nominated to be deputy secretary, Lael Brainard, nominated to be undersecretary for international affairs, and Stuart A. Levey, the current Under Secretary for Terrorism and Financial Intelligence, tapped to stay in that position.
"I am grateful for the service of these dedicated and talented individuals and have the highest confidence that, under the leadership of Secretary Geithner, they will serve the American people well as we tackle the challenges ahead of us,” Obama said in a statement.
Their mini-biographies, provided by the White House, are below:
Neal S. Wolin, Nominee for Deputy Secretary of the Treasury
Wolin is a Treasury Department veteran who served as General Counsel at Treasury from 1999- 2001, and as Deputy General Counsel from 1995-1999. He served briefly in the Obama White House as Deputy Counsel to the President for Economic Policy and Deputy Assistant to the President before being asked to rejoin Treasury. Wolin formerly served as President and Chief Operating Officer for Property and Casualty Operations at The Hartford Financial Services Group. Earlier in his career, he served in the Clinton Administration as Executive Assistant to the National Security Advisor and Deputy National Security Advisor; and as Deputy Legal Advisor to the National Security Council. He also served as Special Assistant to Central Intelligence Directors Gates, Webster, and Woolsey. Before that, he worked in private law practice at Wilmer, Cutler & Pickering in Washington, DC. Wolin is a graduate of Yale College (B.A., History, summa cum laude); the University of Oxford (M.Sc., Development Economics); and Yale Law School. Wolin was a Law Clerk for U.S. District Judge Eugene Nickerson, Eastern District of New York. He has served as an Adjunct Lecturer in Public Policy at the John F. Kennedy School of Government at Harvard; a Visiting Fellow in Economic Studies at the Brookings Institution; a member of the President’s Advisory Commission on Holocaust Assets in the United States; and as an Adjunct Professor of Law at Brooklyn Law School.
Lael Brainard, Nominee for Under Secretary of the Treasury for International Affairs
Brainard is Vice President and Founding Director of the Global Economy and Development Program at the Brookings Institution. She also holds the Bernard L. Schwartz Chair and is Director of the Brookings Initiative on Competitiveness. Brainard served as Deputy National Economic Adviser and Deputy Assistant to the President for International Economics during the Clinton Administration, addressing challenges such as the Asian financial crisis and China’s role in the global economy. She also served as the U.S. Sherpa to the G8. Previously, Brainard served as Associate Professor of Applied Economics at MIT Sloan School, where her research addressed the relationship between offshore production, trade, and jobs and structural and cyclical unemployment in the US economy. Brainard has also worked at McKinsey & Co. advising corporate clients on strategic challenges. She has also worked on microfinance in West Africa. Brainard received masters and doctoral degrees in Economics from Harvard University, where she was a National Science Foundation Fellow. She graduated with highest honors from Wesleyan University. She is the recipient of a White House Fellowship and a Council on Foreign Relations International Affairs Fellowship.
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http://www.boston.com/news/politics/politicalintelligence/2009/03/geithner_gettin.html