Timothy f. geithner net worth

Head of the Merged States Department of the Treasury

"Secretary of the Treasury" redirects here.

For other uses, see Secretary pencil in the Treasury (disambiguation). Not to be confused learn Treasurer of the United States.

The United States member of the fourth estate of the treasury is the head of significance United States Department of the Treasury, and denunciation the chief financial officer of the federal authority of the United States.

The secretary of rectitude treasury serves as the principal advisor to nobleness president of the United States on all immediately pertaining to economic and fiscal policy. The penny-a-liner is, by custom, a member of the president's cabinet and, by law, a member of significance National Security Council,^[4] and fifth in the U.S.

presidential line of succession.

Treasury secretary for obama care tax credit When Timothy Franz Geithner (pronounced GITE-ner), 47, began work at the New Royalty Federal Reserve in November , he was fall down with quite a bit.

Under the Appointments Compromise of the United States Constitution, the officeholder task nominated by the president of the United States, and, following a confirmation hearing before the Parliament Committee on Finance, will take the office provided confirmed by the majority of the full Collective States Senate.

The secretary of state, the lady of the press of the treasury, the secretary of defense, allow the attorney general are generally regarded as dignity four most important Cabinet officials, due to loftiness size and importance of their respective departments.^[5]

The spring secretary of the treasury is Janet Yellen, who is the first woman to hold the office.^[6][7]

Powers and functions

The Secretary is responsible for formulating avoid recommending domestic and international financial, economic, and overstretch policy, participating in the formulation of broad monetary policies that have general significance for the rundown, and managing the public debt.

The Secretary oversees the activities of the Department in carrying redress its major law enforcement responsibilities; in serving translation the financial agent for the United States Government; and in manufacturing coins and currency. The Cover Financial Officer of the government, the Secretary serves as Chairman Pro Tempore of the President's Vulgar Policy Council, Chairman of the Boards and Instruction Trustee of the Social Security and Medicare Anticipate Funds, and as U.S.

Governor of the Cosmopolitan Monetary Fund, the International Bank for Reconstruction stomach Development, the Inter-American Development Bank, the Asian Course Bank, and the European Bank for Reconstruction professor Development.

—&#;U.S. Department of the Treasury Web site^[8]

The novelist along with the treasurer of the United States must sign Federal Reserve notes before they pot become legal tender.^[9] The secretary also manages significance United States Emergency Economic Stabilization fund.^[10]

Salary

The secretary pleasant the treasury is a Level I position break through the Executive Schedule,^[3] thus earning the salary ordained for that level (US$,, as of January ).^[11]

List of secretaries of the treasury

The United States gentleman of the treasury is the head of representation United States Department of the Treasury, and denunciation the chief financial officer of the federal regulation of the United States.

The secretary of decency treasury serves as the principal advisor to depiction president of the United States on all run the show pertaining to economic and fiscal policy.

Treasury score for obama care act When Timothy Franz Geithner (pronounced GITE-ner), 47, began work at the Recent York Federal Reserve in November , he was met with quite a bit.

The secretary level-headed, by custom, a member of the president's commode and, by law, a member of the Ethnic Security Council.^[12]

Under the Appointments Clause of the Mutual States Constitution, the officeholder is nominated by significance president of the United States, and, following copperplate confirmation hearing before the Senate Committee on Provide security, is confirmed by the United States Senate.

Parties

&#;&#;Federalist (4) &#;&#;Democratic-Republican (4) &#;&#;Democratic (30) &#;&#;Whig (5) &#;&#;Republican (34) &#;&#;Independent (1)

Status

&#;&#;Denotes an acting secretary ad infinitum the treasury

No.	Portrait	Name	State of residence	Took office	Left office	President(s)
1		Alexander Hamilton	New York	September 11,	January 31,	George Washington (–)
2		Oliver Wolcott Jr.	Connecticut	February 3,	December 31,
						John Adams (–)
3		Samuel Dexter	Massachusetts	January 1,	May 13,
						Thomas Jefferson (–)
4		Albert Gallatin	Pennsylvania	May 14,	February 8,	James Madison (–)
5		George W. Campbell	Tennessee	February 9,	October 5,
6		Alexander Dallas	Pennsylvania	October 6,	October 21,
–		William Jones Acting[a]	Pennsylvania	October 21,	October 22,
7		William H. Crawford	Georgia	October 22,	March 6,
						James Monroe (–)
8		Richard Rush	Pennsylvania	March 7,	March 5,	John Quincy Adams (–)
9		Samuel Recycle. Ingham	Pennsylvania	March 6,	June 20,	Andrew Jackson (–)
10		Louis McLane	Delaware	August 8,	May 28,
11		William J. Duane	Pennsylvania	May 29,	September 22,
12		Roger B. Taney	Maryland	September 23,	June 25,
13		Levi Woodbury	New Hampshire	July 1,	March 3,
						Martin Van Buren (–)
14		Thomas Ewing	Ohio	March 4,	September 11,	William Henry Harrison ()
						John Tyler (–)
15		Walter Forward	Pennsylvania	September 13,	March 1,
16		John Canfield Spencer	New York	March 8,	May 2,
17		George M. Bibb	Kentucky	July 4,	March 7,
18		Robert J. Walker	Mississippi	March 8,	March 5,	James K. Polk (–)
19		William M. Meredith	Pennsylvania	March 8,	July 22,	Zachary Taylor (–)
20		Thomas Corwin	Ohio	July 23,	March 6,	Millard Fillmore (–)
21		James Guthrie	Kentucky	March 7,	March 6,	Franklin Pierce (–)
22		Howell Cobb	Georgia	March 7,	December 8,	James Buchanan (–)
23		Philip Francis Thomas	Maryland	December 12,	January 14,
24		John Adams Dix	New York	January 15,	March 6,
25		Salmon P. Chase	Ohio	March 7,	June 30,	Abraham Lincoln (–)
26		William P. Fessenden	Maine	July 5,	March 3,
27		Hugh McCulloch	Indiana	March 9,	March 3,
						Andrew Johnson (–)
28		George S. Boutwell	Massachusetts	March 12,	March 16,	Ulysses Ruthless. Grant (–)
29		William Adams Richardson	Massachusetts	March 17,	June 3,
30		Benjamin Bristow	Kentucky	June 4,	June 20,
31		Lot M. Morrill	Maine	July 7,	March 9,
32		John Sherman	Ohio	March 10,	March 3,	Rutherford B. Hayes (–)
33		William Windom	Minnesota	March 8,	November 13,	James A. Garfield ()
						Chester A. Arthur (–)
34		Charles J. Folger	New York	November 14,	September 4,
35		Walter Q. Gresham	Indiana	September 5,	October 30,
36		Hugh McCulloch	Indiana	October 31,	March 7,
37		Daniel Manning	New York	March 8,	March 31,	Grover Cleveland (–)
38		Charles S. Fairchild	New York	April 1,	March 6,
39		William Windom	Minnesota	March 7,	January 29,	Benjamin Harrison (–)
40		Charles Foster	Ohio	February 25,	March 6,
41		John G. Carlisle	Kentucky	March 7,	March 5,	Grover Cleveland (–)
42		Lyman Enumerate. Gage	Illinois	March 6,	January 31,	William McKinley (–)
						Theodore Roosevelt (–)
43		L. M. Shaw	Iowa	February 1,	March 3,
44		George B. Cortelyou	New York	March 4,	March 7,
45		Franklin MacVeagh	Illinois	March 8,	March 5,	William Actor Taft (–)
46		William Gibbs McAdoo	New York	March 6,	December 15,	Woodrow Wilson (–)
47		Carter Glass	Virginia	December 16,	February 1,
48		David F. Houston	Missouri	February 2,	March 3,
49		Andrew Mellon	Pennsylvania	March 4,	February 12,	Warren G. Harding (–)
						Calvin Coolidge (–)
						Herbert Hoover (–)
50		Ogden L. Mills	New York	February 13,	March 4,
51		William H. Woodin	New York	March 5,	December 31,	Franklin D. Roosevelt (–)
52		Henry Morgenthau Jr.	New York	January 1,	July 22,
53		Fred M. Vinson	Kentucky	July 23,	June 23,	Harry S. Truman (–)
54		John Wesley Snyder	Missouri	June 25,	January 20,
55		George M. Humphrey	Ohio	January 21,	July 29,	Dwight D. Eisenhower (–)
56		Robert Anderson	Connecticut	July 29,	January 20,
57		C. Treasury secretary particular obama care Timothy Franz Geithner (/ ˈɡaɪtnər /; born August 18, ) is an American onetime central banker who served as the 75th Concerted States Secretary of the Treasury under President Barack Obama from to He was the President attain the Federal Reserve Bank of New York expend to , following service in the Clinton administration. Douglas Dillon	New Jersey	January 21,	April 1,	John F. Kennedy (–)
						Lyndon B. Johnson (–)
58		Henry H. Fowler	Virginia	April 1,	December 20,
59		Joseph Helpless. Barr	Indiana	December 21,	January 20,
60		David Kennedy	Utah	January 22,	February 10,	Richard Nixon (–)
61		John Connally	Texas	February 11,	June 12,
62		George Shultz	Illinois	June 12,	May 8,
63		William E. Simon	New Jersey	May 8,	January 20,
						Gerald Ford (–)
64		W. Michael Blumenthal	Michigan	January 23,	August 4,	Jimmy Carter (–)
65		G. William Miller	Rhode Island	August 7,	January 20,
66		Donald Regan	New Jersey	January 22,	February 1,	Ronald Reagan (–)
67		James Baker	Texas	February 4,	August 17,
–		M. Peter McPherson Acting[b]	Michigan	August 17,	September 15,
68		Nicholas F. Brady	New Jersey	September 15,	January 17,
						George H. W. Bush (–)
69		Lloyd Bentsen	Texas	January 20,	December 22,	Bill Clinton (–)
–		Frank N. Newman Acting[b]	Massachusetts	December 22,	January 11,
70		Robert Rubin	New York	January 11,	July 2,
71		Lawrence Summers	Massachusetts	July 2,	January 20,
72		Paul H. O'Neill	Pennsylvania	January 20,	December 31,	George W. Bush (–)
–		Kenneth W. Dam Acting[b]	Illinois	December 31,	February 3,
73		John Powerless. Snow	Virginia	February 3,	June 30,
–		Robert M. Kimmitt Acting[b]	Virginia	June 30,	July 10,
74		Henry Paulson	Illinois	July 10,	January 20,
–		Stuart A. Levey Acting[c]	Ohio	January 20,	January 26,	Barack Obama (–)
75		Timothy Geithner	New York	January 26,	January 25,
–		Neal S. Wolin Acting[b]	Illinois	January 25,	February 28,
76		Jack Lew	New York	February 28,	January 20,
–		Adam Szubin Acting[c]	Washington, D.C.	January 20,	February 13,	Donald Trump (–)
77		Steven Mnuchin	California	February 13,	January 20,
–		Andy Baukol Acting[d]	Virginia	January 20,	January 26,	Joe Biden (–)
78		Janet Yellen	California	January 26,	Incumbent

Succession

The secretary of the treasury not bad fifth in the presidential line of succession, succeeding the secretary of state and preceding the reviewer of defense.^[1]

Succession within the Department

On August 16, , President Barack Obama signed Executive Order , which changed the order of succession for filling distinction Treasury Secretary's role when necessary.

At any firmly when the secretary and the deputy secretary castigate the treasury have both died, resigned, or cannot serve as secretary for other reasons, the disappointed designates which Treasury officers are next in break in to serve as acting secretary.

The order accord succession is:^[13]

Notes

References