Today's Article
President-elect
Obama on Monday
will declare New
York Fed President
Tim Geithner to be
his U.S. Treasury
Secretary nominee.
Obama on Monday
will declare New
York Fed President
Tim Geithner to be
his U.S. Treasury
Secretary nominee.
The American Spark
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Who Is Tim Geithner, Obama's Treasury Secretary Pick?
By Cliff Montgomery - Nov. 22st, 2008
President-elect Barack Obama on Monday will declare New York Federal Reserve Board President and Chief
Executive Officer Tim Geithner to be his U.S. Treasury Secretary nominee, according to NBC News.
Geithner has worked at Treasury since 1988. He served as an official at the Treasury Department under both
Robert Rubin and Lawrence H. Summers, two Clinton Administration Treasury heads. Obama's pick also has
assisted current Treasury Secretary Hank Paulson in managing the present Wall Street bailout.
But how may Tim Geithner run the Treasury Department? What principles might serve as the basis for his
decisions? A good idea of that may be gleaned from Geithner's involvement with The Center for Global
Development (CGD), a top liberal think tank which offers a refreshing new way to ensure strong economic
growth.
Geithner currently is a member of the CGD who serves "in the capacity as a CGD Board member," states the
think tank's website.
"The Center for Global Development is dedicated to reducing global poverty and inequality through policy-
oriented research and active engagement on development issues with the policy community and the public,"
according to CGD's Mission Statement.
"A principal focus of the Center's work is the policies of the United States and other industrial countries that
affect development prospects in poor countries," adds the statement.
"The Center's research assesses the impact on poor people of globalization and of the policies of
industrialized countries, developing countries and multilateral institutions.
"The Center seeks to identify alternative policies that promote equitable growth and participatory development
in low-income and transitional economies," states the mission statement, "and, in collaboration with civil society
and private sector groups, seeks to translate policy ideas into policy reforms."
The CGD works with a number of other institutions "to improve public understanding in industrial countries of
the economic, political, and strategic benefits of promoting improved living standards and governance in
developing countries," continues the mission statement.
The Center in August 2008 even published a major study on how the next U.S. president may improve global
economic well-being--a very important, and telling, subject for the next Treasury secretary as well.
The report, entitled, The White House and the World: A Global Development Agenda for the Next U.S.
President, gives us a possible blueprint into the thinking of the man who may be America's next Treasury
secretary. A few interesting quotes from The Center's press release on the study:
Like what you're reading so far? Then why not order a full year (52 issues) of the The American Spark e-
newsletter for only $15? A major article covering an story not being told in the Corporate Press will be
delivered to your email every Monday morning for a full year, for less than 30 cents an issue. Order Now!
By Cliff Montgomery - Nov. 22st, 2008
President-elect Barack Obama on Monday will declare New York Federal Reserve Board President and Chief
Executive Officer Tim Geithner to be his U.S. Treasury Secretary nominee, according to NBC News.
Geithner has worked at Treasury since 1988. He served as an official at the Treasury Department under both
Robert Rubin and Lawrence H. Summers, two Clinton Administration Treasury heads. Obama's pick also has
assisted current Treasury Secretary Hank Paulson in managing the present Wall Street bailout.
But how may Tim Geithner run the Treasury Department? What principles might serve as the basis for his
decisions? A good idea of that may be gleaned from Geithner's involvement with The Center for Global
Development (CGD), a top liberal think tank which offers a refreshing new way to ensure strong economic
growth.
Geithner currently is a member of the CGD who serves "in the capacity as a CGD Board member," states the
think tank's website.
"The Center for Global Development is dedicated to reducing global poverty and inequality through policy-
oriented research and active engagement on development issues with the policy community and the public,"
according to CGD's Mission Statement.
"A principal focus of the Center's work is the policies of the United States and other industrial countries that
affect development prospects in poor countries," adds the statement.
"The Center's research assesses the impact on poor people of globalization and of the policies of
industrialized countries, developing countries and multilateral institutions.
"The Center seeks to identify alternative policies that promote equitable growth and participatory development
in low-income and transitional economies," states the mission statement, "and, in collaboration with civil society
and private sector groups, seeks to translate policy ideas into policy reforms."
The CGD works with a number of other institutions "to improve public understanding in industrial countries of
the economic, political, and strategic benefits of promoting improved living standards and governance in
developing countries," continues the mission statement.
The Center in August 2008 even published a major study on how the next U.S. president may improve global
economic well-being--a very important, and telling, subject for the next Treasury secretary as well.
The report, entitled, The White House and the World: A Global Development Agenda for the Next U.S.
President, gives us a possible blueprint into the thinking of the man who may be America's next Treasury
secretary. A few interesting quotes from The Center's press release on the study:
- Each day brings fresh evidence that Americans’ well-being is linked to the lives of others around the
world as never before. Accelerating advances in technology and the creation of new knowledge offer
undreamed-of opportunities. Yet global poverty, inequality, disease and the threat of rapid climate
change threaten our hopes. How will the next U.S. president tackle these global challenges?
The White House and the World shows how modest changes in U.S. policies could greatly improve the
lives of poor people in developing countries, thus fostering greater stability, security and prosperity
globally and at home.
Center for Global Development experts offer fresh perspectives and practical advice on trade policy,
migration, foreign aid, climate change and more. In an introductory essay, CGD President Nancy
Birdsall explains why and how the next U.S. president must lead in the creation of a better, safer world.
Like what you're reading so far? Then why not order a full year (52 issues) of the The American Spark e-
newsletter for only $15? A major article covering an story not being told in the Corporate Press will be
delivered to your email every Monday morning for a full year, for less than 30 cents an issue. Order Now!
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