Timothy Geithner is the current President of the Federal Reserve Bank of New York and Vice Chairman of the Federal Open Market Committee. In addition, he is Barack Obama’s nominee to succeed Henry Paulson as Secretary of the Treasury. Mr. Geithner was named President of the Federal Reserve Bank of New York in October 2003. During the financial crisis of 2008, he engineered the rescue and subsequent sale of Bear Stearns to JP Morgan Chase in March 2008. He also played a pivotal role in the bailout of American International Group. Mr. Geithner was a Senior Fellow at the Council on Foreign Relations and worked at the Treasury Department under Treasury Secretaries Robert Rubin and Lawrence Summers. He has a B.A. from Dartmouth College and an M.A. from Johns Hopkins University.