Robert Hormats
Robert Hormats
Robert D. "Bob" Hormats is Vice Chairman of Kissinger Associates. Immediately prior he served as Under Secretary of State for Economic Growth, Energy, and the Environmentfrom 2009 to 2013. Hormats was formerly Vice Chairman of Goldman Sachs, which he joined in 1982. He served as Senior Deputy Assistant Secretary, from 1977 to 1979, and Assistant Secretary of State, from 1981 to 1982, at the Bureau of Economic and Business Affairs. He was Ambassador and Deputy U.S. Trade Representative from 1979...
NationalityAmerican
ProfessionPublic Servant
Date of Birth13 April 1943
CountryUnited States of America
Robert Hormats quotes about
Any country that seems to have a slightly overvalued currency gets whacked by speculators. People go after the ones they think will be the weakest.
I think the Fed's watching Asia very closely right now. The impact of Asia is still to be felt and that's one factor among many that will keep the Fed from raising rates.
He's got his antennae up all the time.
If it starts to cascade from one country to another, it will reduce the efficiency of the global economy and slow down the pace of activity.
He will reach out to a broader range of people to hear their point of view. The worst way to serve the president is to narrow the range of advice he is exposed to.
He is very, very good about getting lots of information from people who actually run companies, who actually make financial and business decisions. ... When he sees them socially, he'll find out what's on their minds. He does that a lot. And people in turn are very discreet and they don't turn around and say he's called them.
There is a strong, long-term American interest in closer economic, trade and financial relations with China, ... Business Day.
They'll get their IMF money and that should help a little bit.
The market is beginning to focus on the huge U.S. trade imbalance and there is a view that as growth picks up in Japan and interest rates go up, a lot of the money coming from Japan to the U.S. will not come as rapidly into the U.S. securities markets, ... Before Hours .
Americans understand that one of our great national strengths is innovation. Great innovators - Benjamin Franklin, Henry Ford, Thomas Edison, Bill Gates, Steve Jobs, and others - are household names.
The social and economic impact of innovative American researchers, companies, and workers over the course of U.S. history have been enormous.
As the world's 'most dynamic' cities seek to manage their own urban growth, American state and local officials have much to offer. Our mayors can share their experiences in urban design, clean energy projects, Smart Grids, codes for energy efficient buildings, transportation safety, and innovative environmental solutions.
In every major war we have fought in the 19th and 20th centuries. Americans have been asked to pay higher taxes - and nonessential programs have been cut - to support the military effort. Yet during this Iraq war, taxes have been lowered and domestic spending has climbed. In contrast to World War I, World War II, the Korean War and Vietnam, for most Americans this conflict has entailed no economic sacrifice. The only people really sacrificing for this war are the troops and their families.
Drug and human traffic are getting a lot more attention than illicit wildlife trafficking. And just as we need to intensify our efforts to combat drug trade and human trafficking, we also need to intensify our efforts to combat illicit wildlife trafficking...They all need to be addressed through bold and consistent actions by the international community.