Timothy Franz Geithner was born on August 18, 1961, in Brooklyn, New York. His childhood was shaped by his father's work with the Ford Foundation, which led to the family moving frequently to different countries such as Thailand, Zimbabwe, and India. Geithner attended the International School Bangkok, where he completed his high school education.
Geithner went on to pursue a career in economics and finance. He graduated from Dartmouth College in 1983 and later obtained a Master's degree in International Economics and East Asian Studies from Johns Hopkins University's School of Advanced International Studies. He joined the Treasury Department in 1988 and held various positions before becoming the Under Secretary of the Treasury for International Affairs in 1998.
In 2009, Geithner was appointed as the 75th United States Secretary of the Treasury by President Barack Obama. He played a crucial role in steering the U.S. economy through the aftermath of the 2008 financial crisis. Geithner oversaw the allocation of $350 billion in funds from the Troubled Asset Relief Program, aimed at stabilizing the financial system and preventing further economic collapse.
Prior to serving as Treasury Secretary, Geithner was the president of the Federal Reserve Bank of New York from 2003 to 2009. In this role, he worked closely with then-Federal Reserve Chairman Ben Bernanke to address the challenges posed by the financial crisis and implement monetary policy measures to support economic recovery.
Geithner married Carole Marie Sonnenfeld on June 8, 1985, and the couple has two children: a daughter named Elise and a son named Benjamin. Despite his demanding career in public service, Geithner has always prioritized his family life and values the support of his wife and children.
Throughout his career, Timothy Geithner has demonstrated a commitment to economic stability and financial reform, making significant contributions to shaping U.S. economic policy during critical moments in history.