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Mark A. Patterson
Mark A. Patterson is an American lobbyist, former vice president and managing director of Goldman Sachs, and former Chief of Staff to the United States Secretary of the Treasury. In 2018, he was hired as general counsel for Senator Chuck Schumer, overseeing investigations and appropriations and leaving his position at law firm Perkins Coie. Early life and education Patterson was born in New York City. His mother was a librarian while his father was a high school English teacher. He graduated from the University at Albany in 1984. He received his J.D. degree from The Catholic University of America in 1990. Career Patterson was the special assistant of Senator Daniel Patrick Moynihan from 1984 to 1988 before entering law school. Patterson later served as Moynihan's legislative director (1993-1995), and as Democratic staff director and chief counsel of the Senate Finance Committee (1995-1999). From 1999 to 2004 Patterson was the policy director for Senate Democratic Leader ...
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United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is a statutory member of the Cabinet of the United States, and is fifth in the presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, is confirmed by the United States Senate. The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments. The current secretary of ...
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United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The ...
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Jelena McWilliams
Jelena McWilliams (; born July 29, 1973) is a Serbian-American business executive and a former Chairman of the Federal Deposit Insurance Corporation. She was nominated to the position and to the FDIC Board of Directors by President Donald Trump, and the Senate confirmed her appointment on May 24, 2018. She was sworn in as Chairman on June 5, 2018. Previously, McWilliams was executive vice president and chief legal officer of Fifth Third Bank in Cincinnati, Ohio. She resigned from her position as Chairman of the Board of the FDIC on February 4, 2022. Early life and education Born Jelena Obrenić ( sr-Cyrl, Јелена Обренић) in Belgrade, Serbia, in the former Yugoslavia, McWilliams traveled to the United States at age 18 as part of a high-school exchange program. She attended the University of California at Berkeley for college. She funded her education by working a series of minimum-wage jobs. She wrote her thesis on the war in her native Yugoslavia.Rexrode, Christine ...
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Cravath, Swaine & Moore
Cravath, Swaine & Moore LLP (known as Cravath) is an American white-shoe law firm with its headquarters in New York City, and an additional office in London. The firm is known for its complex and high profile litigation and mergers & acquisitions work. History In 1854, former college classmates William H. Seward (later Abraham Lincoln's Secretary of State) and Richard M. Blatchford merged their respective law firms, forming Blatchford, Seward & Griswold. Blatchford served in the New York State Assembly, and as U.S. Minister to the State of the Church. His son, Samuel, also a partner at the firm, served as a federal district court and appeals court judge, was appointed to the United States Supreme Court, in 1882, by President Chester Arthur, serving for 11 years until his death; he was the first person to serve at all three levels of the judiciary. Seward served as both Governor and Senator from New York, supported the 1865 passing of the Thirteenth Amendment, and negotia ...
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United States Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual r ...
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Jack Lew
Jacob Joseph Lew (born August 29, 1955) is an American attorney and politician who served as the 76th United States Secretary of the Treasury from 2013 to 2017. A member of the Democratic Party, he also served as the 25th White House Chief of Staff from 2012 to 2013 and Director of the Office of Management and Budget in both the Clinton administration and Obama administration. Born in New York City, Lew earned his A.B. from Harvard College, then a J.D. from Georgetown University Law Center. He began his legal career as a legislative assistant to Representative Joe Moakley, and as a senior policy adviser to former House Speaker Tip O'Neill. Lew then worked as an attorney in private practice before joining Boston's office of management and budget as a deputy. In 1993, he began work for the Clinton Administration as Special Assistant to the President. In 1994, Lew served as Associate Director for Legislative Affairs and Deputy Director of the Office of Management and Budget, then ...
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Tim Geithner
Timothy Franz Geithner (; born August 18, 1961) is a former American central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013. He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration. Since March 2014, he has served as president and managing director of Warburg Pincus, a private equity firm headquartered in New York City. As President of the New York Fed and Secretary of the Treasury, Geithner had a key role in government efforts to recover from the financial crisis of 2007–08 and the Great Recession. At the New York Fed, Geithner helped manage crises involving Bear Stearns, Lehman Brothers, and the American International Group; as Treasury Secretary, he oversaw allocation of $350 billion under the Troubled Asset Relief Program, enacted during the previous administration in response to the subprime mortgage crisis. Geithner also managed t ...
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ABC News
ABC News is the news division of the American broadcast network ABC. Its flagship program is the daily evening newscast ''ABC World News Tonight, ABC World News Tonight with David Muir''; other programs include Breakfast television, morning news-talk show ''Good Morning America'', ''Nightline'', ''Primetime (American TV program), Primetime'', and ''20/20 (American TV program), 20/20'', and Sunday morning talk shows, Sunday morning political affairs program ''This Week (ABC TV series), This Week with George Stephanopoulos''. In addition to the division's television programs, ABC News has radio and digital outlets, including ABC News Radio and ABC News Live, plus various podcasts hosted by ABC News personalities. History Early years ABC began in 1943 as the Blue Network, NBC Blue Network, a radio network that was Corporate spin-off, spun off from NBC, as ordered by the Federal Communications Commission (FCC) in 1942. The reason for the order was to expand competition in radi ...
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President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces. The power of the presidency has grown substantially since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasingly strong role in American political life since the beginning of the 20th century, with a notable expansion during the presidency of Franklin D. Roosevelt. In contemporary times, the president is also looked upon as one of the world's most powerful political figures as the leader of the only remaining global superpower. As the leader of the nation with the largest economy by nominal GDP, the president possesses significant domestic and international hard and soft power. Article II of the Constitution establis ...
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Presidential Transition Of Barack Obama
The presidential transition of Barack Obama began when he won the United States presidential election on November 4, 2008, and became the president-elect. Obama was formally elected by the Electoral College on December 15, 2008. The results were certified by a joint session of Congress on January 8, 2009, and the transition ended when Obama was inaugurated at noon EST on January 20, 2009. Organization of the transition The Obama transition organization was called the Obama-Biden Transition Project. The transition team was convened during the height of the campaign, well before the outcome could be known, to begin making preparations for a potential administration. It was co-chaired by John Podesta, who was Bill Clinton's fourth and last White House Chief of Staff and the president/chief executive officer of the Center for American Progress, Valerie Jarrett, who is one of Obama's longest-serving advisers, and Pete Rouse, former Senate chief of staff for Tom Daschle wh ...
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Barack Obama 2008 Presidential Campaign
The 2008 presidential campaign of Barack Obama began on February 10, 2007, when Barack Obama, then junior United States senator from Illinois, announced his candidacy for President of the United States in Springfield, Illinois. After winning a majority of delegates in the 2008 Democratic Party presidential primaries, Democratic primaries of 2008, on August 23, leading up to the convention, the campaign announced that Senator Joe Biden of Delaware would be the Vice President of the United States, vice presidential nominee. At the 2008 Democratic National Convention on August 27, Barack Obama was formally selected as the United States Democratic Party, Democratic Party nominee for President of the United States in 2008 United States presidential election, 2008. He was the first African American in history to be nominated on a major party ticket.Jeff Zeleny,Obama Clinches Nomination; First Black Candidate to Lead a Major Party Ticket" ''The New York Times'', June 4, 2008. Retrieved Ju ...
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Tom Daschle
Thomas Andrew Daschle ( ; born December 9, 1947) is an American politician and lobbyist who served as a United States senator from South Dakota from 1987 to 2005. A member of the Democratic Party, he became U.S. Senate Minority Leader in 1995 and later the Majority Leader in 2001. After leaving the United States Air Force, he was elected to the United States House of Representatives in 1978 and served four terms. In 1986, he was elected to the U.S. Senate, becoming Minority Leader in 1995 and Majority Leader in 2001, becoming the highest-ranking elected official in South Dakota history. In 2004, he was defeated for reelection in a remarkable upset. Later, he took a position as a policy advisor with a lobbying firm, became a senior fellow at the Center for American Progress, and co-authored a book advocating universal health care. Daschle was an early supporter of Barack Obama's presidential candidacy, and was nominated by President-elect Obama for the position of Secreta ...
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