Robert Rubin
Robert Rubin
Robert Edward Rubinis an American lawyer, former cabinet member, and retired banking executive. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992; Rubin oversaw the loosening of financial industry underwriting guidelines which had been intact since the 1930s. His most prominent post-government role was as director and senior counselor...
ProfessionPolitician
Date of Birth29 August 1938
CityNew York City, NY
With the safeguards we have proposed, ... subsidiaries and affiliates are absolutely identical with respect to the ability of a bank to transfer any subsidy that may exist in the bank.
We always have to be watchful with respect to anything that can affect our system, ... But I don't know of anything in that area that rises to the level of a systemic risk to our economy at this time.
It is very hard to leave, because I feel deeply committed, ... to this administration, to the people with whom I've worked, to the issues with respect to which so much has been accomplished. But this almost six-and-a-half years has been all consuming, and I think it is time for me to go home to New York and to do whatever I'm going to do next.
It is vitally important for Latin America, the rest of the world and the United States that the international community take all steps sensible to limit the contagion that has come from the Asian financial crisis, and helping Brazil is very important in that respect also, ... What is most important though in this instance ? is the effective implementation of a strong economic program that Brazil has announced.
There clearly was a very intense focus on the issue with respect to the current crisis and a deep sense of commitment to do everything sensible to deal with it,
His (Clinton's) view -- and it has been his view since the beginning of this administration -- is to respect totally the independence of the Fed,
The only role we can play is to continue to very actively work to persuade the Japanese government to face these very difficult issues they have to deal with,
It focuses predominately on middle income tax cuts for education, and for child care and for savings, ... This Week.
I think -- virtual universal agreement -- is that the CPI does not accurately reflect inflation,
I think the administration will have a Treasury secretary who is very established with the business community.
It is important to remember that the fundamentals of the United States economy are strong and have been for the past several years, and the prospects for continued growth, with low inflation and low unemployment, are strong,
I think there is more work to do, and we simply have to all work together and do everything we can to get it done,
It is critically important, not just for Japan, but for the rest of the region and the rest of the world, that that take place.
The answer to that is no, ... I think the strong dollar policy has served us exceedingly well over the past several years and still does.