Adam Szubin Explained

Adam Szubin
Office:United States Secretary of the Treasury
Status:Acting
President:Donald Trump
Term Start:January 20, 2017
Term End:February 13, 2017
Predecessor:Jack Lew
Successor:Steven Mnuchin
Office1:Under Secretary of the Treasury for Terrorism and Financial Intelligence
Status1:Acting
President1:Barack Obama
Donald Trump
Term Start1:April 16, 2015
Term End1:February 13, 2017
Predecessor1:David Cohen
Successor1:Sigal Mandelker
Birth Place:Teaneck, New Jersey, U.S.
Party:Democratic
Spouse:Miriam Szubin
Children:3
Education:Harvard University (BA, JD)

Adam Jacob Szubin is an American lawyer and former government official. Szubin served as the Acting Under Secretary for Terrorism and Financial Intelligence and the Acting Secretary of the Treasury of the United States. He served as the acting secretary from January to February 2017 after the resignation of Treasury Secretary Jack Lew and Deputy Treasury Secretary Sarah Bloom Raskin during the 2017 presidential transition. He previously served as the Director of Treasury's Office of Foreign Assets Control (OFAC).

He is currently a Distinguished Practitioner-in-Residence at the Paul H. Nitze School of Advanced International Studies (SAIS) of the Johns Hopkins University and a lawyer in private practice at Sullivan & Cromwell in D.C.

Education

Szubin is from an Orthodox Jewish family and attended Yavneh Academy and the Ramaz School.[1] He received an A.B. from Harvard College and a J.D. from Harvard Law School.

Department of the Treasury

Joining the Treasury in 2004, Szubin served in the Bush administration as the Senior Advisor to the Under Secretary for Terrorism and Financial Intelligence. From 2006 to 2015, Szubin served as the Director of Treasury's Office of Foreign Assets Control.

On April 16, 2015, President Obama nominated him as Under Secretary for Terrorism and Financial Crimes.[2] In 2015, he appeared before the Senate Committee on Banking, Housing, and Urban Affairs.[3] In 2016, the Senate Banking Committee approved his nomination but he was never confirmed by the full Senate.

Still unconfirmed, President Trump asked him to stay on in his post as Under Secretary.[4] He became the Acting Secretary of the Treasury of the United States on January 20, 2017 after the resignation of Treasury Secretary Jack Lew and Deputy Treasury Secretary Sarah Bloom Raskin. After the confirmation of Steven Mnuchin as Secretary of the Treasury, Szubin left government service.[5]

Personal life

Szubin lives in Washington, DC, with his wife, Miriam Weiner Szubin, and their three sons. [6]

Notes and References

  1. Palmer, Joanne. "Who was that with Cory Booker? Adam Szubin, Iran deal defender, on loving Israel and growing up in Teaneck", Jewish Standard, October 15, 2015. Accessed January 28, 2017. "Mr. Szubin (the initial S in his name is irrationally silent, so when it's said aloud it begins with the Z) is Teaneck born and bred; he went to Yavneh Academy until high school, when he commuted across the river to Ramaz, the modern Orthodox day school on Manhattan’s Upper East Side."
  2. Web site: President Obama Announces More Key Administration Posts. April 16, 2015 . White House.
  3. Web site: Statement by Adam J. Szubin, Nominee for Under Secretary for Terrorism and Financial Crimes, Before the Senate Committee on Banking, Housing, And Urban Affairs. U.S. Department of the Treasury.
  4. Web site: Obama Treasury official Senate GOP refused to confirm is among those Trump asked to stay on. January 19, 2017 . Politico.
  5. Web site: FOR IMMEDIATE RELEASE: Statement from a Treasury Spokesperson. U.S. Department of the Treasury.
  6. https://www.nytimes.com/2004/08/15/style/weddings-celebrations-miriam-weiner-adam-szubin.html?_r=0 WEDDINGS/CELEBRATIONS; Miriam Weiner, Adam Szubin