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  • Guide to the Administration
    Robert E. Rubin
    (By Bill O'Leary
    for The Washington Post)
    Robert E. Rubin
    Treasury Secretary

    Contact Information
    Background from The Post

    President Clinton announced on May 12, 1999, that Treasury Secretary Robert Rubin would leave his post and that his deputy, Lawrence Summers, would be nominated to succeed him. Known for three decades of work on Wall Street, Rubin stepped into the role of Treasury Department secretary well-versed in financial markets, but less familiar with the workings of Washington. He had to learn how to deal with members of Congress often hostile to the Clinton administration's economic policies, as he found out during a 1995 dispute over lifting the nation's debt limit. Rubin, a staunch defender of a strong U.S. dollar and trade balance, has received much credit for the Clinton administration's economic policies, including budget cuts and helping to deal with the financial crisis in Asia.

    Sworn in: Jan. 10, 1995 (nominated December 1994, confirmed Jan. 10, 1995)

    Succeeded: Lloyd Bentsen

    Previous occupation: Director, National Economic Council, assistant to the president for economic policy, 1993-95; Goldman, Sachs & Co., New York City, 1966-92 (associate, 1966-71; general partner, 1971-80, management committee, 1980-87; vice chairman, co-chief operating officer, 1987-90; co-senior partner and co-chairman, 1990-92); attorney, law firm of Cleary, Gottlieb, Steen & Hamilton, New York City, 1964-66.

    Education: Harvard College, 1960 (A.B. in economics, summa cum laude); Yale Law School, 1964 (L.L.B.); attended the London School of Economics.

    Hometown: New York City

    Date of Birth: Aug. 29, 1938

    Spouse: Judith Oxenberg Rubin, who served as the New York City commissioner of protocol for four years under Mayor David M. Dinkins.

    Children: Two adult sons, James and Philip

    Of note: Rubin, the country's 70th Treasury secretary, served as the fund-raising chairman of President Clinton's 1992 campaign.

    Department of the Treasury
    1500 Pennsylvania Ave. NW
    Washington, D.C. 20220
    (202) 622-2000
    FAX: (202) 622-2808

    Background from The Post

    Summers a Key Player in Global Economy
    May 13, 1999
    An Unlikely Policy Partnership Forged in Mutual Respect
    May 13, 1999
    Treasury Secretary Rubin Resigns
    May 12, 1999
    Treasury's High-Stakes Player
    June 18, 1998
    Rubin: U.S. to Consider Reforms
    April 15, 1998
    Rubin Keeps Traders Cool In Asian Crisis
    Dec. 13, 1997
    Now Rubin Is on the Other Side of the Street
    Feb. 20, 1997
    Rubin Signals Shift to Curb Dollar's Rise
    Feb. 8, 1997
    GAO Says Rubin Tapped Retirement Funds Legally
    Sept. 7, 1996
    Rubin Spoke but Wall St. Heard 'Wolf '
    Jan. 24, 1996
    Rubin Wins Senate's Approval
    Jan. 11, 1995
    Rubin Stepping Into Spotlight at Treasury
    Dec. 7, 1994

    © Copyright 1998 The Washington Post Company

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