User:WWB Too/Robert Rubin
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Robert Edward Rubin (born August 29, 1938) is an American investment banker who served as the 70th United States Secretary of the Treasury during the Clinton administration. Prior to his government service, he spent 26 years at Goldman Sachs, eventually serving as co-senior partner and co-chairman.[1][2] He left Goldman Sachs in 1993 to become Assistant to the President for Economic Policy and the first Director of the White House National Economic Council prior to his appointment as Treasury secretary.[3]
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Robert Rubin | |
---|---|
Chairman of the Council on Foreign Relations | |
In office June 30, 2007 – July 1, 2017 | |
President | Richard Haass |
Preceded by | Peter George Peterson |
Succeeded by | David Rubenstein |
70th United States Secretary of the Treasury | |
In office January 11, 1995 – July 2, 1999 | |
President | Bill Clinton |
Preceded by | Lloyd Bentsen |
Succeeded by | Larry Summers |
1st Director of the National Economic Council | |
In office January 25, 1993 – January 11, 1995 | |
President | Bill Clinton |
Preceded by | Position established |
Succeeded by | Laura Tyson |
Personal details | |
Born | Robert Edward Rubin (1938-08-29) August 29, 1938 (age 85) New York City, New York, U.S. |
Political party | Democratic |
Spouse | Judith Oxenberg |
Children | 2 |
Education | |
Signature | |
Rubin is credited as a major force behind Clinton-era economic prosperity, including the 1993 Deficit Reduction Act and Balanced Budget Act of 1997. However, critics of Rubin have since argued that bank-friendly policies he advocated contributed to the financial crisis of 2007–2008.
His post-government roles included serving as a director and senior counselor of Citigroup, where he performed advisory and representational roles for the firm.[4]
As of 2021, he is active in several organizations and is a senior counselor at an investment banking advisory firm.