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