Co-Chairman; Former Secretary of the U.S. Treasury
Robert E. Rubin began his career at Goldman Sachs & Co. in 1966. He served as vice chairman and co-chief operating officer from 1987 to 1990, and as co-senior partner and co-chairman from 1990 to 1992. Before joining Goldman Sachs, he was an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton from 1964 to 1966. Secretary Rubin joined the Clinton administration in 1993, serving in the White House as assistant to the president for economic policy, and as the first director of the National Economic Council. He served as the seventieth secretary of the treasury from 1995 to 1999. From 1999 to 2009, Mr. Rubin served as a member of the board of directors at Citigroup and as a senior adviser to the company. He is chairman of the board of the Local Initiatives Support Corporation, the United States' leading community-development support organization. He serves on the board of trustees of Mount Sinai Medical Center and is a member of the Harvard Corporation. In 2006, Mr. Rubin was one of the founders of the Hamilton Project, an economic policy project housed at the Brookings Institution that offers a strategic vision and innovative policy proposals on how to create a growing economy that benefits more Americans. In 2010, Mr. Rubin joined Centerview Partners as a counselor of the firm. He is author of In an Uncertain World: Tough Choices from Wall Street to Washington, a New York Times best seller and one of Business Week's ten best business books of the year. He is based in New York City.
Sound fiscal policy, based not on sequestration but on revenue increases and entitlement reform, is the key to a strong economic recovery and to smoothing the unwinding of unconventional monetary policy, argues CFR Co-Chairman Robert E. Rubin.
It has been a generation since our country last had a robust conversation about combatting poverty. Now is the time to reinvigorate that conversation, not cut needed benefits, write Robert E. Rubin, Roger C. Altman, and Melissa Kearney.
Cyprus's last-minute bailout deal highlights the vulnerabilities in the island nation's financial system, as well as the flaws in the eurozone's ability to effectively respond to banking crises, says CFR's Robert E. Rubin.
With the fiscal cliff looming and our current fiscal trajectory unsustainable, "We should let the Bush high-end tax cuts expire, with an achievable, progressive reduction in tax expenditures. And we should have spending cuts, including entitlement reforms, equally matched by revenue increases," says Robert E. Rubin.
CFR co-chair Robert Rubin; Director of the Peterson Institute for International Economics, C. Fred Bergsten; and Director of CFR's Maurice R. Greenberg Center for Geoeconomic Studies, Sebastian Mallaby discuss the bond-purchasing plan of the European Central Bank, the German constitutional court decision over the European Stability Mechanism, and the Federal Reserve's plan for additional quantitative easing.
Former U.S. Treasury Secretary and CFR Co-ChairRobert E. Rubin, CFR Senior Fellow Sebastian Mallaby, and Peterson Institute for International Economics Director C. Fred Bergsten discuss the European Central Bank's bond purchasing plan and the German constitutional court decision on the European Stabilization Mechanism with Foreign Affairs' Managing Editor Jonathan D. Tepperman.
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