Congressman Gregory Meeks Congratulates Timothy Geithner on being sworn in as the 75th Secretary of the U.S. Treasury
(WASHINGTON, DC)–Congressman Gregory Meeks congratulates Timothy Geithner on being sworn in as the 75th Secretary of the U.S. Treasury. Secretary Geithner, who recently served as head of the Federal Reserve, will oversee President Obama’s economic recovery plan. Geithner has held key executive positions in financial policy and has held several positions in the Department of Treasury under three administrations. He served as Under Secretary of the Treasury for International Affairs from 1999 to 2001 and as President and Chief Executive Officer of the Federal Reserve Bank of New York from 2003 to 2008. Additionally, the Secretary also served as the Vice Chairman and permanent member of the Federal Open Market committee while at the Federal Reserve, which is responsible for formulating the nation’s monetary policy.
“Secretary Geithner has phenomenal expertise in the inner workings in the Department of Treasury and the Federal Reserve that I believe will provide astounding resources to meet this nation’s economic needs. There is much work that needs to be done to help Americans get through this severe economic crisis and I have full confidence that his expertise will be a great asset to our economy,” said Congressman Gregory Meeks.
Now serving in his sixth full-term, Meeks was elected to the House on February 3, 1998. Representing New York's Sixth Congressional District in the United States House of Representatives, Meeks' district covers all towns of Southeast Queens, Far Rockaway and Howard Beach. He is a member of the House Committee on Financial Services and the Committee on Foreign Affairs. Meeks became Chairman of the International Monetary Policy Subcommittee in 2009 under the House Financial Services Committee. Meeks is a Member of the Congressional Black Caucus (CBC), New Democrats Caucus and the Democratic Leadership Council (DLC). He serves as the Co-chair of the Malaysia Caucus, Services Caucus, Dialogue Caucus and the Middle East Economic Partnership Caucus.