Ted Kaufman
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Edward Emmett Kaufman (born March 15, 1939) is a retired American politician and businessman who served as a
United States senator The United States Senate is the Upper house, upper chamber of the United States Congress, with the United States House of Representatives, House of Representatives being the Lower house, lower chamber. Together they compose the national Bica ...
from
Delaware Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Del ...
from 2009 to 2010. He chaired the
Congressional Oversight Panel The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector Gen ...
for the
Oversight of the Troubled Asset Relief Program The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector Gene ...
; he was the second and final person to hold the position, succeeding
Elizabeth Warren Elizabeth Ann Warren ( née Herring; born June 22, 1949) is an American politician and former law professor who is the senior United States senator from Massachusetts, serving since 2013. A member of the Democratic Party and regarded as a ...
. Kaufman is a member of the
Democratic Party Democratic Party most often refers to: *Democratic Party (United States) Democratic Party and similar terms may also refer to: Active parties Africa *Botswana Democratic Party *Democratic Party of Equatorial Guinea *Gabonese Democratic Party *Demo ...
. Kaufman was appointed to the Senate to serve the remainder of longtime Senator Joe Biden's term after he was elected
Vice President A vice president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on t ...
in 2008. Prior to becoming a U.S. Senator, Kaufman had served as an advisor to Biden for much of his political career and later served as the head of his presidential transition.


Early life, education and business career

Edward Emmett Kaufman was born on March 15, 1939, in Philadelphia, the son of Helen (née Carroll), a teacher, and Manuel Kaufman, a social worker. His father was of
Russian Jewish The history of the Jews in Russia and areas historically connected with it goes back at least 1,500 years. Jews in Russia have historically constituted a large religious and ethnic diaspora; the Russian Empire at one time hosted the largest pop ...
ancestry and his mother was a Catholic of Irish descent. He was raised
Catholic The Catholic Church, also known as the Roman Catholic Church, is the largest Christian church, with 1.3 billion baptized Catholics worldwide . It is among the world's oldest and largest international institutions, and has played a ...
, his mother's religion. Kaufman graduated Central High School in Philadelphia, earned a
Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of ...
degree in mechanical engineering from
Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...
, and a
Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
degree from the
Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a Private university, private Ivy League rese ...
. Kaufman originally moved to Delaware in 1966 to work for
DuPont DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...
as an engineer.


Work for Joe Biden

In 1972 he joined Joe Biden's U.S. Senate campaign, which was considered to be a long shot, on a volunteer basis. After Biden's surprise victory in 1972, he took a one-year leave of absence from DuPont to organize and head Senator Biden's Delaware Office. In 1976 he became Biden's Chief of Staff and administrative assistant and served until 1995, also working on Biden's subsequent Senate campaigns. After Biden's victory in the
2020 presidential election This national electoral calendar for 2020 lists the national/federal elections held in 2020 in all sovereign states and their dependent territories. By-elections are excluded, though national referendums are included. January *5 January: **C ...
, Kaufman was chosen to head Biden's transition team. Prior to serving as a U.S. senator, Kaufman was a member of the
Broadcasting Board of Governors The United States Agency for Global Media (USAGM), formerly the Broadcasting Board of Governors (BBG), is an independent agency of the United States government that broadcasts news and information. It describes its mission, "vital to US nation ...
(BBG) – the independent, autonomous, federal entity responsible for all U.S. government and government-sponsored non-military international broadcasting. He was appointed to the BBG by Presidents Clinton and Bush and was confirmed by the U.S. Senate for four terms.


U.S. Senate (2009–2010)


Appointment

On November 24, 2008, Delaware Governor
Ruth Ann Minner Ruth Ann Minner (née Coverdale; January 17, 1935 – November 4, 2021) was an American politician and businesswoman from Milford, in Kent County, Delaware. A member of the Democratic Party, she served as the 72nd (and, to date, only female) gov ...
announced her intention to appoint Kaufman to replace Biden in the Senate. He was appointed on January 15, 2009, the same day Biden resigned his seat, and was sworn in the next day. Kaufman served in the Senate until his successor,
Chris Coons Christopher Andrew Coons (born September 9, 1963) is an American lawyer and politician serving as the junior United States senator from Delaware since 2010. A member of the Democratic Party, Coons served as the county executive of New Castle Cou ...
, was elected in a special election in 2010 to finish out the term. Kaufman chose not to run for a full term. Kaufman inherited appointments to the same two committees that his predecessor, Biden, had served on before his resignation – the
Committee on Foreign Relations The United States Senate Committee on Foreign Relations is a standing committee of the U.S. Senate charged with leading foreign-policy legislation and debate in the Senate. It is generally responsible for overseeing and funding foreign aid pr ...
and the
Committee on the Judiciary Committee on the Judiciary may mean: * United States House Committee on the Judiciary * United States Senate Committee on the Judiciary The United States Senate Committee on the Judiciary, informally the Senate Judiciary Committee, is a standi ...
.


Tenure

Early in his term, Kaufman supported the
American Recovery and Reinvestment Act of 2009 The American Recovery and Reinvestment Act of 2009 (ARRA) (), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Gr ...
(ARRA). The stimulus package has meant more than $800 million in federal funding to support Delaware's economic recovery. In July 2009, Kaufman participated in the Senate Judiciary Committee's Supreme Court nomination hearing for Judge
Sonia Sotomayor Sonia Maria Sotomayor (, ; born June 25, 1954) is an American lawyer and jurist who serves as an associate justice of the Supreme Court of the United States. She was nominated by President Barack Obama on May 26, 2009, and has served since ...
. During the hearing, Kaufman's line of questioning focused on the current Court's recent treatment of business cases and on Judge Sotomayor's judicial approach. Kaufman voted to send Judge Sotomayor's nomination to the full Senate for a vote. In June 2010 Kaufman participated in the Senate Judiciary Committee's Supreme Court nomination hearing for Judge Elena Kagan. Kaufman voted to send Judge Kagan's nomination to the full Senate for a vote. In response to his perception that "people just feel it's perfectly okay to denigrate federal employees", Kaufman gave speeches once a week starting in May 2009 praising a different federal employee until the end of his term. Kaufman was succeeded by
Chris Coons Christopher Andrew Coons (born September 9, 1963) is an American lawyer and politician serving as the junior United States senator from Delaware since 2010. A member of the Democratic Party, Coons served as the county executive of New Castle Cou ...
, a Democrat, after Coons defeated
Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...
nominee
Christine O'Donnell Christine Therese O'Donnell (born August 27, 1969) is an American conservative activist in the Tea Party movement best known for her 2010 campaign for the United States Senate seat from Delaware vacated by Joe Biden. O'Donnell was born in Phi ...
in November 2010. Kaufman resigned and Coons took office on November 15, 2010, in accordance with Delaware state law and Senate rules.


Financial industry

As a member of the Senate Judiciary Committee, Kaufman introduced bipartisan legislation with Senators
Patrick Leahy Patrick Joseph Leahy (; born March 31, 1940) is an American politician and attorney who is the senior United States senator from Vermont and serves as the president pro tempore of the United States Senate. A member of the Democratic Party, ...
(D-VT) and
Chuck Grassley Charles Ernest Grassley (born September 17, 1933) is an American politician serving as the president pro tempore emeritus of the United States Senate, and the Seniority in the United States Senate, senior United States Senate, United States sen ...
(R-IA) to strengthen tools and increase resources available to federal prosecutors to combat financial fraud. The
Fraud Enforcement and Recovery Act of 2009 The Fraud Enforcement and Recovery Act of 2009, or FERA, , is a public law in the United States enacted in 2009. The law enhanced criminal enforcement of federal fraud laws, especially regarding financial institutions, mortgage fraud, and securiti ...
(FERA) was signed into law by President Obama on May 20, 2009. Kaufman had sought to further restore confidence in the U.S. financial markets by introducing bipartisan legislation to address abusive short selling and other
market manipulation In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances ...
. Kaufman urged the
Securities 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 ...
(SEC) to consider reinstating the "
uptick rule The uptick rule is a trading restriction that states that short selling a stock is allowed only on an uptick. For the rule to be satisfied, the short must be either at a price above the last traded price of the security, or at the last traded pric ...
" – which aids market stability and hampers
price discovery In economics and finance, the price discovery process (also called price discovery mechanism) is the process of determining the price of an asset in the marketplace through the interactions of buyers and sellers. Overview Price discovery is diff ...
. He gave multiple floor statements and written numerous letters to the agency with Senate colleagues on this issue, as well as the need for a pre-borrow requirement or a "hard locate" system for short sales. In 2010, Kaufman, along with Senator
Sherrod Brown Sherrod Campbell Brown (; born November 9, 1952) is an American politician serving as the senior United States senator from Ohio, a seat which he has held since 2007. A member of the Democratic Party, he was the U.S. representative for Ohio's ...
(D-OH), introduced an amendment to the then-proposed
Dodd–Frank Wall Street Reform and Consumer Protection Act The Dodd–Frank Wall Street Reform and Consumer Protection Act, commonly referred to as Dodd–Frank, is a United States federal law that was enacted on July 21, 2010. The law overhauled financial regulation in the aftermath of the Great Recessi ...
, known as the Brown–Kaufman amendment. The amendment would have limited the nondeposit liabilities of banks to two percent of
gross domestic product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjec ...
, effectively curtailing the size to which banks could grow. Kaufman stated on the Senate floor his intention to recapture the spirit of the Glass–Steagall Act, passed in 1933, which had been rescinded in 1999. The amendment failed in a Senate vote of 61 to 33 on May 6, 2010.


Foreign affairs

In April 2009, Kaufman took his first trip to
Iraq Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq ...
,
Afghanistan Afghanistan, officially the Islamic Emirate of Afghanistan,; prs, امارت اسلامی افغانستان is a landlocked country located at the crossroads of Central Asia and South Asia. Referred to as the Heart of Asia, it is bordere ...
, and
Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
, where he visited with U.S. troops, foreign leaders, and others to examine U.S. strategy in the region. He is a co-sponsor of the Enhanced Partnership with Pakistan Act of 2009, which will triple non-military aid to Pakistan, providing $1.5 billion per year for development over the next five years. Kaufman has also stressed the need for increased civilian-military training focused on counterinsurgency and stability operations as essential to success in
Afghanistan Afghanistan, officially the Islamic Emirate of Afghanistan,; prs, امارت اسلامی افغانستان is a landlocked country located at the crossroads of Central Asia and South Asia. Referred to as the Heart of Asia, it is bordere ...
, introducing an amendment to the 2009 Defense Supplemental Appropriations Bill with Senators
Richard Lugar Richard Green Lugar (April 4, 1932 – April 28, 2019) was an American politician who served as a United States Senator from Indiana from 1977 to 2013. He was a member of the Republican Party. Born in Indianapolis, Lugar graduated from De ...
(R-IN) and Jack Reed (D-RI). Kaufman has since visited Afghanistan, Iraq and Pakistan twice more. In May 2009, Kaufman visited
Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
,
Syria Syria ( ar, سُورِيَا or سُورِيَة, translit=Sūriyā), officially the Syrian Arab Republic ( ar, الجمهورية العربية السورية, al-Jumhūrīyah al-ʻArabīyah as-Sūrīyah), is a Western Asian country loc ...
and
Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...
to discuss regional security issues and areas of mutual interest and cooperation. He met with foreign government and military officials, political leaders and civil society representatives. During the
2009–2010 Iranian election protests After incumbent president Mahmoud Ahmadinejad declared victory in the 2009 Iranian presidential election, protests broke out in major cities across Iran in support of opposition candidates Mir-Hossein Mousavi and Mehdi Karroubi. The protests con ...
, Kaufman introduced a resolution supporting the protesters that was unanimously passed in the Senate. Kaufman also introduced the Victim of Iranian Censorship Act (VOICE) as an amendment to the 2009
National Defense Authorization Act The National Defense Authorization Act (NDAA) is the name for each of a series of United States federal laws specifying the annual budget and expenditures of the U.S. Department of Defense. The first NDAA was passed in 1961. The U.S. Congress o ...
. The VOICE Act – unanimously adopted by the Senate – supports similar objectives and authorizes funding for the
Broadcasting Board of Governors The United States Agency for Global Media (USAGM), formerly the Broadcasting Board of Governors (BBG), is an independent agency of the United States government that broadcasts news and information. It describes its mission, "vital to US nation ...
to expand transmission capability and programming on
Radio Farda Radio Farda ( fa, راديو فردا, lit=Radio Tomorrow, ''Radio Farda'') is the Iranian branch of the U.S. government-funded Radio Free Europe/Radio Liberty (RFE/RL) external broadcast service for providing "factual, objective and profession ...
and the Persian News Network. Kaufman spoke out for
freedom of the press Freedom of the press or freedom of the media is the fundamental principle that communication and expression through various media, including printed and electronic News media, media, especially publication, published materials, should be conside ...
in China.


Education reform

Kaufman sponsored the Science, Technology, Engineering and Mathematics ("STEM") Education Coordination Act to establish a committee to coordinate the efforts of Federal STEM education programs. Kaufman also supported the Edward M. Kennedy National Service Act, which provides increased service opportunities for engineers and scientists to help inspire a new generation of science and technology students. In 2010 Kaufman was presented with the American Society of Mechanical Engineers 2010 President's Award for his work on promoting STEM education.


Committee assignments

* Committee on Armed Services *
Committee on Foreign Relations The United States Senate Committee on Foreign Relations is a standing committee of the U.S. Senate charged with leading foreign-policy legislation and debate in the Senate. It is generally responsible for overseeing and funding foreign aid pr ...
** Subcommittee on Near Eastern and South and Central Asian Affairs ** Subcommittee on African Affairs ** Subcommittee on International Operations and Organizations, Human Rights, Democracy and Global Women's Issues ** Subcommittee on European Affairs *
Committee on Homeland Security and Governmental Affairs The United States Senate Committee on Homeland Security and Governmental Affairs is the chief oversight committee of the United States Senate. It has jurisdiction over matters related to the Department of Homeland Security and other homeland s ...
*
Committee on the Judiciary Committee on the Judiciary may mean: * United States House Committee on the Judiciary * United States Senate Committee on the Judiciary The United States Senate Committee on the Judiciary, informally the Senate Judiciary Committee, is a standi ...
** Subcommittee on Administrative Oversight and the Courts ** Subcommittee on Antitrust, Competition Policy and Consumer Rights ** Subcommittee on the Constitution ** Subcommittee on Crime and Drugs ** Subcommittee on Terrorism, Technology and Homeland Security * Impeachment Trial Committee on the Articles against Judge G. Thomas Porteous, Jr.


Congressional Oversight Panel (2010–2011)

Senator
Harry Reid Harry Mason Reid Jr. (; December 2, 1939 – December 28, 2021) was an American lawyer and politician who served as a United States senator from Nevada from 1987 to 2017. He led the Senate Democratic Caucus from 2005 to 2017 and was the Sena ...
, the
Senate Majority Leader The positions of majority leader and minority leader are held by two United States senators and members of the party leadership of the United States Senate. They serve as the chief spokespersons for their respective political parties holding t ...
, appointed Kaufman to replace Elizabeth Warren on the
Congressional Oversight Panel The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector Gen ...
on October 1, 2010. Three days later, Kaufman was unanimously elected as the panel's second chairman, succeeding Warren in that capacity as well. He remained chairman of the panel despite the expiration of his Senate term.


Post-Senate career

Since 1991, Kaufman has taught a course on the
United States Congress The United States Congress is the legislature of the federal government of the United States. It is bicameral, composed of a lower body, the House of Representatives, and an upper body, the Senate. It meets in the U.S. Capitol in Washing ...
in the law school of his alma mater, Duke University, as well as "Government, Business, and Public Policy in the Global Economy" for law and business students at Duke. From 1995 to 1999 he was co-chair of the Duke Law School Center for the Study of the Congress. Kaufman is currently a member of the board of trustees of the Institute of International Education. He is also co-chair of the Delaware STEM Council. In September 2014, Kaufman joined the board of directors of the
National Democratic Institute for International Affairs The National Democratic Institute (NDI), or National Democratic Institute for International Affairs, is a non-profit American NGO that works with partners in developing countries to increase the effectiveness of democratic institutions. The NDI's ...
. Ahead of the
2020 United States presidential election The 2020 United States presidential election was the 59th quadrennial presidential election, held on Tuesday, November 3, 2020. The Democratic ticket of former vice president Joe Biden and the junior U.S. senator from California Kamala Ha ...
, Kaufman was made a co-chair of the Biden-Harris Transition Team, which planned the
presidential transition of Joe Biden The presidential transition of Joe Biden began on November 7, 2020 and ended on January 20, 2021. Unlike previous presidential transitions, which normally take place during the roughly 10-week period between the election in the first week o ...
.


Personal

Kaufman and his wife, Lynne, have been married since 1960 and reside in Wilmington. They have three daughters, Kelly, Murry, and Meg, and seven grandchildren. He was a member of the Board of Directors of Children and Families First, WHYY, and the Board of Trustees of Christiana Care.


References


External links

*
Senator Ted Kaufman
''official U.S. Senate website'' (archived)
Duke University School of Law

Kaufman Bill to Punish Financial Fraud Passes Senate

Passage of Edward M. Kennedy Serve America Act

University of Delaware's Finding Aid for the Edward E. "Ted" Kaufman papers
, - , - {{DEFAULTSORT:Kaufman, Ted 1939 births 2008 United States presidential electors 21st-century American politicians American people of Irish descent American people of Russian-Jewish descent American political consultants Delaware Democrats Democratic Party United States senators from Delaware Duke University School of Law faculty Duke University Pratt School of Engineering alumni Biden administration personnel Living people Political chiefs of staff United States congressional aides Wharton School of the University of Pennsylvania alumni