Timothy Geithner, US Treasury Secretary
Thursday 13 January 2011 - by Andrew Hickley
President Obama's right-hand man, Tim Geithner was at the forefront of driving through the financial reform bill this year.
As chair of the new Financial Stability Oversight Council, Geithner is in a more powerful position than ever as he is charged with monitoring risks in the financial system.
At the G20 meeting in November 2009, Geithner firmly quashed the idea of a global financial transaction tax and has managed to keep the subject off the international table, though there are signs from Europe that the US may now be ready to discuss this again.
Born in Brooklyn, New York, Geithner spent much of his youth in other countries including Zimbabwe, Zambia, India and Thailand. He started at the Treasury in 1988 and was a protégé of Larry Summers. He left and spent some time at the International Monetary Fund before becoming president of the New York Federal Reserve in 2003.
Learn more about the GFS Power 50, a countdown of the most influential people in worldwide financial regulation in 2010.
|Login||Register||Most read||Most commented|
Will markets in 2012 have a tougher time than 2011?