Timothy Geithner is an American economist and public servant who served as the 75th Secretary of the Treasury from 2009 to 2013 under President Barack Obama. He played a significant role in managing the financial crisis of 2007-2008.
Timothy Geithner was born on August 18, 1961, in New York City. He spent part of his childhood in various countries, including India, Thailand, and Zimbabwe, due to his father's work with the Ford Foundation. He graduated from Dartmouth College with a degree in government and Asian studies and later earned a master's degree in international economics from Johns Hopkins University.
Timothy Geithner is married to Carole Sonnenfeld Geithner, a social worker and author. The couple has two children. They currently reside in Larchmont, New York.
Timothy Geithner began his career at Kissinger Associates and later joined the U.S. Treasury Department, where he held various positions. He served as the president of the Federal Reserve Bank of New York before being appointed Secretary of the Treasury. Geithner is known for his role in managing the financial crisis and implementing key economic policies during his tenure.
Geithner's notable achievements include his role in the Troubled Asset Relief Program (TARP) and his efforts to stabilize the financial system during the Great Recession. He was instrumental in the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Timothy Geithner faced controversy during his nomination as Secretary of the Treasury due to issues related to his personal tax returns, which he had failed to pay in full for several years. Despite the controversy, he was confirmed by the Senate.
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