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Geithner was sworn in as Treasury Secretary on January 26, 2009. During the 2008 presidential campaign, Geithner was rumored to be a possible choice for Treasury Secretary for both John McCain and Barack Obama. On November 24, 2008, President-elect Barack Obama announced his intention to nominate Geithner to be Treasury Secretary.
Timothy F. Geithner served as the 75th Secretary of the Treasury from January 26, 2009 to January 25, 2013. He took office in the midst of the worst financial crisis since the Great Depression and helped design and lead the successful strategy to avert global economic collapse and repair the damage to the U.S. economy and the financial system.
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In 1999, he was named undersecretary of that department in the administration of President Bill Clinton. In 2001, Geithner left the Treasury to serve as director of the Policy Development and Review Department at the International Monetary Fund (IMF).
May 13, 2024 · In 1988 Geithner joined the Treasury Department and held a number of positions within the agency’s international affairs division. While there he worked closely with Lawrence H. Summers, who served as secretary of the Treasury (1999–2001) under Pres. Bill Clinton .
- The Editors of Encyclopaedia Britannica
When he then ascended to Treasury secretary in 2009, Geithner became the public face of an economic-recovery program that, in Paulson’s words, “polled worse than torture.”
Jan 27, 2009 · WASHINGTON Timothy F. Geithner was sworn in as secretary of the Treasury on Monday evening, confirmed by a Senate majority that concluded that his experience in government and finance...
In 1988, Mr. Geithner joined the Department of the Treasury where he worked in three administrations for five secretaries of the Treasury in a variety of positions. From 2001 until 2003 he worked for the International Monetary Fund as director of the Policy Development and Review Department.
