October 22, 2008 Treasury Names Interim Chief Investment Officer for TARP Washington -- The Treasury Department named James H. Lambright this week to serve as the interim Chief Investment Officer for the Troubled Asset Relief Program authorized by Congress earlier this month. Lambright will serve on an interim basis until the position is filled permanently. He will provide counsel to Secretary Henry M. Paulson, Jr. and Interim Assistant Secretary for the Office of Financial Stability Neel Kashkari as they develop and implement the program. Lambright brings a strong private and public sector financial background to the Treasury team:
Given the upcoming Leaders' meeting on global financial markets, Secretaries Paulson and Rice determined that Under Secretary Reuben Jeffery, previously slated to be named interim Chief Investment Officer, should remain at the State Department. -30- |
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