Robert Edward Rubin (born August 29, 1938) is an American lawyer, former cabinet member, and retired banking executive. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992.
During the Clinton administration, Rubin oversaw the loosening of financial industry underwriting guidelines which had been in place since the 1930s. His most prominent post-government role was as director and senior counselor of Citigroup, where he performed advisory and representational roles for the firm. From November to December 2007, he served temporarily as chairman of Citigroup and resigned from the company on January 9, 2009. He received more than $126 million in cash and stock during his tenure at Citigroup, up through and including Citigroups bailout by the U.S. Treasury.
He is currently engaged actively as a founder of The Hamilton Project, an economic policy think tank that produces research and proposals on how to create a growing economy that benefits more Americans. He is co-chairman emeritus of the Council on Foreign Relations, and is a member of the Africa Progress Panel (APP), a group of ten distinguished individuals who advocate at the highest levels for equitable and sustainable development in Africa. Rubin also serves as chairman of the board of the Local Initiatives Support Corporation, the nations leading community development support organization, and serves on the board of trustees of Mount Sinai-NYU Health. Additionally, Rubin serves as counselor at Centerview Partners, an investment banking advisory firm based in New York City.