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Timothy Geithner

Timothy Geithner
Personal data
Date of birthAugust 18, 1961(age 55)
Place of birthBrooklyn, New York, U.S.
Political partyIndependent
SpouseCarole Sonnenfeld
Children1 daughter
1 son
Alma materDartmouth College
Johns Hopkins University
ProfessionCivil servant
75th United States Secretary of the Treasury
Assumed officeJanuary 26, 2009
PresidentBarack Obama
DeputyNeal Wolin
Preceded byHenry Paulson
9th President of the Federal Reserve Bank of New York
In officeNovember 17, 2003 - January 26, 2009
Succeeded byWilliam Dudley
Preceded byWilliam McDonough

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Timothy Franz Geithner ( ; born August 18, 1961) is an American economist, central banker, and civil servant. He is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.

Geithner's position includes a large role in directing the Federal Government's spending on the late-2000s financial crisis, including allocation of $350 billion of funds from the Troubled Asset Relief Program enacted during the previous administration. At the end of his first year in office, he continued to deal with multiple high visibility issues, including administration efforts to restructure the regulation of the nation's financial system, attempts to spur recovery of both the mortgage market and the automobile industry, demands for protectionism, President Obama's tax changes, and negotiations with foreign governments on approaches to worldwide financial issues.

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