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Bob Rubin

Robert Rubin
Pr4262ls-treasury-rubin.jpg
Chairman of the Council on Foreign Relations
Assumed office
June 30, 2007
Serving with Carla Hills
President Richard Haass
Preceded by Peter Peterson
Chairman of Citigroup
Acting
In office
November 4, 2007 – December 11, 2007
Preceded by Charles Prince
Succeeded by Win Bischoff
70th United States Secretary of the Treasury
In office
January 11, 1995 – July 2, 1999
President Bill Clinton
Preceded by Lloyd Bentsen
Succeeded by Larry Summers
1st Director of the National Economic Council
In office
January 25, 1993 – January 11, 1995
President Bill Clinton
Preceded by Position established
Succeeded by Laura Tyson
Personal details
Born Robert Edward Rubin
(1938-08-29) August 29, 1938 (age 78)
New York City, New York, U.S.
Political party Democratic
Spouse(s) Judith Oxenberg
Children 2
Education Harvard University (BA)
London School of Economics
Yale University (LLB)
Signature

Robert Edward "Bob" Rubin (born August 29, 1938) is an American lawyer, former cabinet member, and retired banking executive. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992; Rubin oversaw the loosening of financial industry underwriting guidelines which had been intact since the 1930s. His most prominent post-government role was as director and senior counselor of Citigroup, where he performed ongoing advisory and representational roles for the firm. From November to December 2007, he served temporarily as chairman of Citigroup and resigned from the company on January 9, 2009. He received more than $126 million in cash and stock during his tenure at Citigroup, up through and including Citigroup's bailout by the U.S. Treasury.

He is currently engaged actively as a founder of The Hamilton Project, an economic policy think tank that produces research and proposals on how to create a growing economy that benefits more Americans. He is co-chairman of the Council on Foreign Relations, and is a member of the Africa Progress Panel (APP), a group of ten distinguished individuals who advocate at the highest levels for equitable and sustainable development in Africa. Rubin also serves as chairman of the board of the Local Initiatives Support Corporation, the nation's leading community development support organization, and serves on the board of trustees of Mount Sinai-NYU Health. Additionally, Rubin serves as counselor at Centerview Partners, an investment banking advisory firm based in New York City.

Rubin was born in New York City, the son of Sylvia (née Seiderman) and Alexander Rubin, a wealthy Jewish family. He moved to Miami Beach, Florida, at an early age and graduated from Miami Beach High School. He was a member of Boy Scout Troop 35, sponsored by the American Legion, and received the rank of Eagle Scout. In 1960, Rubin graduated with an A.B. summa cum laude in economics from Harvard College. He then attended Harvard Law School for three days before leaving to see the world. He later attended the London School of Economics and received an LL.B. from Yale Law School in 1964.


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