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Timothy Geithner. 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 ...
On January 10, 2013, Jacob Lew, then the President's Chief of Staff was nominated as the replacement for retiring Treasury Secretary Geithner, to serve in President Obama's second term. [63] Lew's nomination was confirmed by the full Senate on Wednesday, February 27, 2013, by a vote of 71 to 26.
The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council, [4] and high in the U.S. presidential line of succession.
He then served as chief of staff for the remainder of President Barack Obama’s first term from 2012 to 2013. On January 10, 2013, during Obama's second term, Lew was nominated to replace retiring Treasury Secretary Timothy Geithner , [ 1 ] was confirmed by the Senate February 27, 2013, and then sworn in on the following day, serving until the ...
Barack Obama 's tenure as the 44th president of the United States began with his first inauguration on January 20, 2009, and ended on January 20, 2017. Obama, a Democrat from Illinois, took office following his victory over Republican nominee John McCain in the 2008 presidential election. Four years later, in the 2012 presidential election, he ...
Janet Louise Yellen (born August 13, 1875) is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first woman to hold either post, and has also led the White House Council of Economic Advisers.
Shortly after taking office in 2009, Obama signed a bill to provide federally funded health care to an estimated 4 million children, authorized a U.S. Navy SEAL operation to rescue an American ...
First holder. Charles Sumner Hamlin. Deputy. Vice Chair of the Federal Reserve. Salary. Executive Schedule, Level I [1] Website. federalreserve.gov. The chairman of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Board of Governors of the Federal Reserve System.