Timothy F. Geithner Biography

(Born August 18 1961) Timothy Franz Geithner became the ninth president and chief executive officer of the Federal Reserve Bank of New York on November 17, 2003.. In that capacity, he serves as the vice chairman and a permanent member of the Federal Open Market Committee, the group responsible for formulating the nation's monetary policy.

Geithner was born in Brooklyn, New York City, to Mr. and Mrs. Peter F. Geithner of Larchmont, New York. Mr. Geithner graduated from Dartmouth College with a bachelor’s degree in government and Asian studies in 1983 and from the Johns Hopkins School of Advanced International Studies with a master’s in International Economics and East Asian Studies in 1985. He has studied Japanese and Chinese and has lived in East Africa, India, Thailand, China, and Japan.

After completing his studies, Geithner worked for Kissinger and Associates in Washington, DC, for three years and then joined the International Affairs division of the US Treasury Department in 1988.

Mr. Geithner joined the Department of Treasury in 1988 and worked in three administrations for five Secretaries of the Treasury in a variety of positions.

1997, As Assistant Secretary for International Affairs, Mr. Geithner advised the Secretary, Deputy Secretary, and Under Secretary for International Affairs in the formulation and execution of U.S. International economic policy. Specifically, Mr. Geithner was responsible for developing and executing U.S. Policy in the areas of international ecomny and financial diplomacy; international monetary policy issues, including exchange rate policy; economic policy cooperation among industrial nations (G-7); U.S. Participation in the international financial institutiuons; financial services negociations and policy issues affecting international financial markets; and international trade and investment policy.

He was at Treasury during the emerging-markets crisis in 1997 and was under secretary of the Treasury for international affairs from 1998 to 2001. He played a significant role in the negotiation of assistance packages for South Korea and Brazil. He served as Under Secretary of the Treasury for International Affairs from 1999 to 2001 under Secretaries Robert Rubin and Lawrence Summers.

He was director of the Policy Development and Review Department at the International Monetary Fund from 2001 until 2003.

Mr. Geithner serves as chairman of the G-10’s Committee on Payment and Settlement Systems of the Bank for International Settlements. He is a member of the Council on Foreign Relations and the Group of Thirty.

He and his wife, Carole Sonnenfeld (Carole Marie Sonnenfeld ) were married June 8, 1985 at his parents' summer home in East Orleans, Mass. The Rev. Thomas Keehn, a United Church of Christ minister, officiated. both are graduates of Dartmouth College they have two children.

Mrs. Geithner, the daughter of Mr. and Mrs. Albert Sonnenfeld of Princeton, N.J., was a research associate for Common Cause, a public-affairs lobbying group in Washington. Her father was a professor of French and comparative literature at Princeton University. Her mother, Portia Sonnenfeld, was conductor of the Chamber Symphony of Princeton.

SOURCES

• Timothy F. Geithner, President of the New York Fed
• Wikipedia Timothy F. Geithner
• TIMOTHY F. GEITHNER CONFIRMED AS ASSISTANT SECRETARY FOR INTERNATIONAL AFFAIRS:
• I.M.F. Official Is Named President of New York Fed
• CAROLE M. SONNENFELD WED TO T. F. GEITHNER