President Barack Obama intends to nominate the following individuals for posts at the Department of Treasury: Helen Elizabeth Garrett, Assistant Secretary for Tax Policy; Michael S. Barr, Assistant Secretary for Financial Institutions; and George W. Madison, General Counsel.
-Helen Elizabeth Garrett, Nominee for Assistant Secretary for Tax Policy
As vice president for academic planning and budget at USC, Professor Garrett oversees resource allocation and manages the university’s academic programs and priorities. She also is co-director of the USC-Caltech Center for the Study of Law and Politics and serves on the board of the Initiative and Referendum Institute at USC.
In January 2005, she was appointed to President George W. Bush’s nine-member bipartisan Advisory Panel on Federal Tax Reform, which issued its report in November 2005. She also serves as chair of the finance committee of the national governing board of Common Cause.
-Michael S. Barr, Nominee for Assistant Secretary for Financial Institutions
Professor Michael S. Barr currently teaches Financial Institutions, International Finance, Transnational Law, and Jurisdiction and Choice of Law, and co-founded the International Transactions Clinic. He is also a Senior Fellow at the Center for American Progress and at the Brookings Institution.
Barr previously served as Treasury Secretary Robert E. Rubins Special Assistant, as Deputy Assistant Secretary of the Treasury, as Special Advisor to President William J. Clinton, as a special advisor and counselor on the policy planning staff at the State Department.
-George W. Madison, Nominee for General Counsel
George W. Madison is former Executive Vice President and General Counsel of TIAA-CREF and a member of its Executive Management Team. Madison joined the company in 2003 after six and a half years as executive vice president, general counsel and corporate secretary at Comerica Incorporated, where he also served as a member of Comericas management policy committee and management council.
The Treasury Department will be well-served by the expertise and commitment of these fine individuals, says Barack Obama, US president.
Under the leadership of Secretary Geithner, I have great confidence that they will be valuable and effective additions to our team as we tackle our nations economic challenges.
L.D.