News-Letter

March 8th, 2009

Hopkins Graduate Appointed to Treasury Department

Photo: J. Scott Applewhite / Associated Press
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President Barack Obama nominated a Johns Hopkins graduate to the Treasury Department today. The Obama administration has been criticized for not fully staffing the Treasury Department despite the economic crisis. This morning he announced three people for appoints in the department in an effort to remedy that problem. However, seventeen deputy Treasury Secretary and two undersecretary positions remain empty.

Kim Wallace, who earned his M.S. in business from Johns Hopkins, joins Treasury as the assistant secretary of Treasury, legislative affairs. He is currently the cournselor to the Treasury Secretary, Timothy Geithner, who earned a degree from SAIS.

Wallace joins other Johns Hopkins graduates in the Obama Administration: Shin Inouye, director of specialty media for the White House; Phil Gordon, assistant secretary for European and Eurasian affairs at the State Department; and Evan Ryan, assistant to the vice president for intergovernmental affairs and public liaison.
-Michael Szeto
blogs.jhunewsletter.com

The White House’s statement after the jump.

Kim N. Wallace, Assistant Secretary of Treasury, Legislative Affairs

Kim Wallace currently serves as a Counselor to the Secretary of Treasury. Previously, Mr. Wallace was a Managing Director and head of the Washington Research Group at Barclays Capital. Before that he served in the same role, for 14 years, at Lehman Brothers Inc. From 1989-1994, Mr. Wallace served as a legislative aide to then-Senate Majority Leader George Mitchell, specializing in fiscal policy. He also worked 3 years as an analyst on the Senate Budget Committee, under then-Chairman Lawton Chiles.

Mr. Wallace received an M.S in Business from Johns Hopkins University, and a B.A. in Government from the University of Texas at Austin. He lives in Silver Spring, Maryland with his wife, Robin Vink, and their two children, Ava and Harrison.

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