Nearly two years after being tasked with bringing the U.S. economy out of the Great Recession, Secretary of the U.S. Treasury Timothy Geithner will talk about the nation's financial health at the Oshman Family Jewish Community Center in Palo Alto Monday (Oct. 18) afternoon.
Geithner will address the Obama administration's proposals to help get more Americans back to work and help reinforce long-term growth at home as well as efforts to build a more stable financial system and to strengthen the global economy, according to the Commonwealth Club of Silicon Valley, the event organizer.
Tickets, ranging from $10 for students to $50 for premium seating, are available at 800-847-7730 and the Commonwealth Club website.
Geithner, 49, will be joined by moderator Michael Moritz, managing member of Sequoia Capital and former San Francisco bureau chief for Time magazine.
When Geithner became the treasury secretary in January 2009, he was charged with deciding which banks and other financial companies to rescue and under what conditions the funding would be given, according to the Washington Post.
Within his first month on the job, he played a key role in creating the administration's $787 billion economic-stimulus package. More recently, he helped shape the Dodd-Frank financial regulation overhaul package, which took effect in July 2010, the Washington Post reported.
Before assuming the role of treasury secretary, Geithner helmed the Federal Reserve Bank of New York. He worked in three presidential administrations for five secretaries of the treasury. He served as under-secretary of the treasury for international affairs from 1999 to 2001 for secretaries Robert Rubin and Lawrence Summers and was director of the Policy Development and Review Department at the International Monetary Fund from 2001 until 2003.
What: Timothy Geithner to speak in Palo Alto
When: Monday, Oct. 18. 12:15 p.m. check-in; 1 p.m. program
Where: Schultz Cultural Hall, Oshman Family Jewish Community Center, 3921 Fabian Way, Palo Alto
Tickets: 800-847-7730 and the Commonwealth Club website.