Jeffrey A. Goldstein

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Jeffrey A. Goldstein
Occupation Treasury Undersecretary For Domestic Finance
Employer U.S. Treasury Department
Website www.treasury.gov

Jeffrey A. Goldstein is theObama Administration's nominee for Treasury undersecretary for domestic finance. He's been counselor to Treasury Secretary Timothy Geithner since July of 2009.

Background

A former chief financial officer of the World Bank, Goldstein was most recently a managing director at Hellman & Friedman LLP, a private equity firm with stakes in a range of companies from insurance to health care.[1]

It was reported in September of 2009 that Goldstein was obligated to pay at least $10.5 million to several investment partnerships, according to an ethics filing to the U.S. Office of Government Ethics. Goldstein had pledged $5 million to $25 million each for two funds run by his former firm, Hellman & Friedman LLC, and $500,000 to $1 million another of its partnerships, according to the form, which only included ranges for the values.[2] Goldstein is expected to divest his partnership from Hellman & Friedman, but it's not yet determined whether the funds he owes will release him from his agreed-upon monetary commitments.

Education

Goldstein graduated in 1977 with a degree in the subject from Vassar College. Goldstein then moved to Yale University, where he earned a master's, MPhil and a Ph.D. in economics.[3]

References

  1. Tsy Nominee: Financial Reform Would Aid Economy. The Wall Street Journal.
  2. Treasury Nominee Owes at Least $10.5 Million for Investments. Bloomberg.com.
  3. Jeffrey A. Goldstein. Who Runs Gov.