The Department of the Treasury

Robert E. Rubin

Secretary of the Treasury

Robert E. Rubin was sworn in as the 70th Secretary of the Treasury on January 10, 1995.

From January 20, 1993 to January 10, 1995, Mr. Rubin served in the White House as Assistant to the President for Economic Policy. In that capacity he directed the activities of the National Economic Council. The NEC's principal functions include: overseeing the Administration's domestic and international economic policymaking process, coordinating economic policy recommendations to the President, ensuring that economic policy decisions and programs are consistent with the President's stated goals, ensuring that those goals are effectively pursued, and monitoring the implementation of the President's economic policy goals.

Prior to joining the Administration, Mr. Rubin spent 26 years at Goldman, Sachs & Co. in New York City. He joined Goldman in 1966 as an associate, became a general partner in 1971 and joined the management committee in 1980. Mr. Rubin was Vice Chairman and Co-Chief Operating Officer from 1987 to 1990 and served as Co-Senior Partner and Co-Chairman from 1990 to 1992. Before joining Goldman, he was an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City from 1964 to 1966.

Mr. Rubin's previous activities included membership on the Board of Directors of the New York Stock Exchange, Harvard Management Company, New York Futures Exchange, New York City Partnership and the Center for National Policy. He has also served on the Board of Trustees of the Carnegie Corporation of New York, Mt. Sinai Hospital and Medical School, the President's Advisory Committee for Trade Negotiations, the Securities and Exchange Commission Market Oversight and Financial Services Advisory Committee, the Mayor of New York's Council of Economic Advisors and the Governor's Council on Fiscal and Economic Priorities for the State of New York.

Mr. Rubin graduated summa cum laude from Harvard College in 1960 with an A.B. in economics. He received a L.L.B. from Yale Law School in 1964 and attended the London School of Economics.

Mr. Rubin was born in New York City on August 29, 1938. He is married to Judith Oxenberg Rubin, who served as the New York City Commissioner of Protocol for four years under Mayor David M. Dinkins. The Rubins have two adult sons, James and Philip.