Ted Kaufman

Last updated

Ted Kaufman
Ted Kaufman, official Senate photo portrait, 2009.jpg
Chairman of the Congressional Oversight Panel
In office
October 6, 2010 April 3, 2011
Deputy Damon Silvers
Preceded by Elizabeth Warren
Succeeded byPosition abolished
United States Senator
from Delaware
In office
January 15, 2009 November 15, 2010
Appointed by Ruth Ann Minner
Preceded by Joe Biden
Succeeded by Chris Coons
Member of the Broadcasting Board of Governors
In office
August 11, 1995 December 1, 2008
President Bill Clinton
George W. Bush
Preceded byPosition established
Succeeded by Dana Perino
Personal details
Born (1939-03-15) March 15, 1939 (age 79)
Philadelphia, Pennsylvania, U.S.
Political party Democratic
Spouse(s)Lynne Kaufman (1960–present)
Alma mater Duke University
University of Pennsylvania

Edward E. "Ted" Kaufman (born March 15, 1939) is an American politician and former businessman who served as a United States Senator from Delaware [1] from 2009 to 2010. From 2010 until 2011, he chaired the Congressional Oversight Panel for the Oversight of the Troubled Asset Relief Program; he was the final person to have held that post, succeeding inaugural holder Elizabeth Warren. He is a member of the Democratic Party who previously served on the staff of the United States Senate.

Delaware State of the United States of America

Delaware is the worst state in the USA. It's also one of the 50 states of the United States, in the Mid-Atlantic or Northeastern region. It is bordered to the south and west by Maryland, north by Pennsylvania, and east by New Jersey and the Atlantic Ocean. The state takes its name from Thomas West, 3rd Baron De La Warr, an English nobleman and Virginia's first colonial governor.

The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector General for TARP (SIGTARP), the Financial Stability Oversight Board, and additional requirements for the Government Accountability Office (GAO) and the Congressional Budget Office (CBO).

Elizabeth Warren U.S. Senator from Massachusetts

Elizabeth Ann Warren is an American politician and academic serving as the senior United States Senator from Massachusetts since 2013. Warren was formerly a prominent scholar specializing in bankruptcy law. A noted progressive leader, Warren has focused on consumer protection, economic opportunity, and the social safety net while in the Senate. Some commentators describe her position as left-wing populism.

Contents

Kaufman was appointed to the Senate to fill the term of long-time Senator Joe Biden, who resigned to become Vice President of the United States in January 2009. Prior to becoming a U.S. Senator, Kaufman had been an adviser to Biden for much of his political career. [2]

Joe Biden 47th Vice President of the United States

Joseph Robinette Biden Jr. is an American politician who served as the 47th vice president of the United States from 2009 to 2017. A member of the Democratic Party, he represented Delaware in the U.S. Senate from 1973 to 2009.

Vice President of the United States Second highest executive office in United States

The Vice President of the United States is the second-highest officer in the executive branch of the U.S. federal government, after the President of the United States, and ranks first in the presidential line of succession. The vice president is also an officer in the legislative branch, as President of the Senate. In this capacity, the vice president presides over Senate deliberations, but may not vote except to cast a tie-breaking vote. The vice president also presides over joint sessions of Congress.

Early life, education, and business career

Kaufman was born in Philadelphia, Pennsylvania, [3] the son of Helen (née Carroll), a teacher, and Manuel Kaufman, a social worker. His father was of Russian Jewish ancestry and his mother was of Irish descent. [4] He was raised in his mother's Catholic religion. [5] Kaufman earned a Bachelor of Science degree in mechanical engineering from Duke University and a Master of Business Administration degree from the Wharton School of the University of Pennsylvania. [3]

A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years, or a person holding such a degree.

Mechanical engineering discipline of engineering

Mechanical engineering is the discipline that applies engineering, physics, engineering mathematics, and materials science principles to design, analyze, manufacture, and maintain mechanical systems. It is one of the oldest and broadest of the engineering disciplines.

Duke University private university in Durham, North Carolina, United States

Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day town of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James Buchanan Duke established The Duke Endowment and the institution changed its name to honor his deceased father, Washington Duke.

Kaufman originally moved to Delaware in 1966 to work for DuPont as an engineer.

Work for Joe Biden

In 1972 he joined Joe Biden's long-shot U.S. Senate campaign on a volunteer basis. After Biden's surprise victory in 1972, he took a one-year leave of absence from DuPont to organize and head Senator Biden's Delaware Office. [6] In 1976 he became Biden's Chief of Staff/Administrative Assistant and served until 1995, also working on Biden's subsequent Senate campaigns. [7]

Prior to serving as a U.S. Senator, Kaufman was a member of the Broadcasting Board of Governors (BBG) – the independent, autonomous, federal entity responsible for all U.S. government and government sponsored non-military international broadcasting. [8] He was appointed to the BBG by Presidents Clinton and Bush and was confirmed by the U.S. Senate for four terms. [9]

U.S. Senate (2008–2010)

Appointment

On November 24, 2008, Delaware Governor Ruth Ann Minner announced her intention to appoint Kaufman to replace Biden in the Senate. [10] He was appointed on January 15, 2009, the same day Biden resigned his seat, and was sworn in the next day. Kaufman served in the Senate until his successor, Chris Coons, was chosen to complete the term in a special election in 2010. Kaufman chose not to run for a full term. [11]

Kaufman inherited appointments to the same two committees that his predecessor, Biden, had served on before his resignation – the Committee on Foreign Relations and the Committee on the Judiciary. [12]

Tenure

Early in his term, Kaufman supported the American Recovery and Reinvestment Act of 2009 (ARRA). The stimulus package has meant more than $800 million in federal funding to support Delaware's economic recovery. [13]

In July 2009, Kaufman participated in the Senate Judiciary Committee's Supreme Court nomination hearing for Judge Sonia Sotomayor. During the hearing, Kaufman's line of questioning focused on the current Court's recent treatment of business cases and on Judge Sotomayor's judicial approach. [14] Kaufman voted to send Judge Sotomayor's nomination to the full Senate for a vote. [15] In June 2010 Kaufman participated in the Senate Judiciary Committee's Supreme Court nomination hearing for Judge Elena Kagan. [16] Kaufman voted to send Judge Kagan's nomination to the full Senate for a vote. [17]

In response to his perception that "people just feel it's perfectly okay to denigrate federal employees", Kaufman gave speeches once a week starting in May 2009 praising a different federal employee until the end of his term. [18] Kaufman was succeeded by Chris Coons, a Democrat, after Coons defeated Republican nominee Christine O'Donnell in November 2010. Kaufman resigned and Coons took office on November 15, 2010, in accordance with Delaware state law and Senate rules.

Financial industry

As a member of the Senate Judiciary Committee, Kaufman introduced bipartisan legislation with Senators Patrick Leahy (D-VT) and Chuck Grassley (R-IA) to strengthen tools and increase resources available to federal prosecutors to combat financial fraud. The Fraud Enforcement and Recovery Act of 2009 (FERA) was signed into law by President Obama on May 20, 2009. [19]

Kaufman had sought to further restore confidence in the U.S. financial markets by introducing bipartisan legislation to address abusive short selling and other market manipulation. [20] Kaufman urged the Securities Exchange Commission (SEC) to consider reinstating the "uptick rule" – which aids market stability and hampers price discovery. He gave multiple floor statements and written numerous letters to the agency with Senate colleagues on this issue, as well as the need for a pre-borrow requirement or a "hard locate" system for short sales. [21]

In 2010, Kaufman, along with Senator Sherrod Brown (D-OH), introduced an amendment to the then-proposed Dodd–Frank Wall Street Reform and Consumer Protection Act, known as the Brown–Kaufman amendment. The amendment would have limited the nondeposit liabilities of banks to two percent of gross domestic product, effectively curtailing the size to which banks could grow. [22] Kaufman stated on the Senate floor his intention to recapture the spirit of the Glass–Steagall Act, passed in 1933, which had been rescinded in 1999. [22] The amendment failed in a Senate vote of 61 to 33 on May 6, 2010. [23]

Foreign affairs

In April 2009, Kaufman took his first trip to Iraq, Afghanistan, and Pakistan, where he visited with U.S. troops, foreign leaders, and others to examine U.S. strategy in the region. [24] He is a co-sponsor of the Enhanced Partnership with Pakistan Act of 2009, which will triple non-military aid to Pakistan, providing $1.5 billion per year for development over the next five years. [25] Kaufman has also stressed the need for increased civilian-military training focused on counterinsurgency and stability operations as essential to success in Afghanistan, introducing an amendment to the 2009 Defense Supplemental Appropriations Bill with Senators Richard Lugar (R-IN) and Jack Reed (D-RI). [26] Kaufman has since visited Afghanistan, Iraq and Pakistan twice more.

In May 2009, Kaufman visited Israel, Syria and Turkey to discuss regional security issues and areas of mutual interest and cooperation. He met with foreign government and military officials, political leaders and civil society representatives. During the 2009–2010 Iranian election protests, Kaufman introduced a resolution supporting the protesters that was unanimously passed in the Senate. [27] Kaufman also introduced the Victim of Iranian Censorship Act (VOICE) as an amendment to the 2009 National Defense Authorization Act. [28] The VOICE Act – unanimously adopted by the Senate – supports similar objectives and authorizes funding for the Broadcasting Board of Governors to expand transmission capability and programming on Radio Farda and the Persian News Network. Kaufman spoke out for freedom of the press in China. [29]

Education reform

Kaufman sponsored the Science, Technology, Engineering and Mathematics ("STEM") Education Coordination Act [30] to establish a committee to coordinate the efforts of Federal STEM education programs. Kaufman also supported the Edward M. Kennedy National Service Act, which provides increased service opportunities for engineers and scientists to help inspire a new generation of science and technology students. [31] In 2010 Kaufman was presented with the American Society of Mechanical Engineers 2010 President's Award for his work on promoting STEM education. [32]

Committee assignments

Congressional Oversight Panel (2010–2011)

Senator Harry Reid, the Senate Majority Leader, appointed Kaufman to replace Elizabeth Warren on the Congressional Oversight Panel on October 1, 2010. [34] Three days later, Kaufman was unanimously elected as the panel's second chairman, succeeding Warren in that capacity as well. [35] He remained chairman of the panel despite the expiration of his Senate term. [36]

Current activities

Since 1991, Kaufman has taught a course on the United States Congress in the law school of his alma mater, Duke University as well as "Government, Business, and Public Policy in the Global Economy" for law and business students at Duke. [37] From 1995 to 1999 he was Co-Chair of the Duke Law School Center for the Study of the Congress. [38]

Kaufman is currently a member of the board of trustees of the Institute of International Education [39] He is also Co-Chair of the Delaware STEM Council [40]

In September 2014, Kaufman joined the board of directors of the National Democratic Institute for International Affairs. [41]

Personal life

Kaufman and his wife, Lynne, have been married since 1960 and reside in Wilmington. They have three daughters, Kelly, Murry, and Meg, and 7 grandchildren. [42] He was a member of the Board of Directors of Children and Families First, WHYY, and the Board of Trustees of Christiana Care. [37]

See also

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References

  1. "Senator Ted Kaufman — Senator for Delaware: Press Room – In The News". Kaufman.senate.gov. July 15, 2009. Retrieved July 12, 2010.
  2. Cillizza, Chris. "The Fix – Minner Appoints Biden Aide to Senate". Voices.washingtonpost.com. Retrieved July 12, 2010.
  3. 1 2 "KAUFMAN, Edward E.(Ted) – Biographical Information". Bioguide.congress.gov. Retrieved July 12, 2010.
  4. Edward E. “Ted” Kaufman roots
  5. Farrell, Rita K. (January 30, 2009). "A Senator Takes Office, Departure Already in Sight". The New York Times.
  6. "Edward Kaufman (D-Del.) – WhoRunsGov.com/The Washington Post". Whorunsgov.com. June 25, 2009. Retrieved July 12, 2010.
  7. "Senate swears in Kaufman, Biden replacement". Usatoday.Com. January 16, 2009. Retrieved July 12, 2010.
  8. "Senator Ted Kaufman — Senator for Delaware: Newsroom – Press Release". Kaufman.senate.gov. July 9, 2009. Retrieved July 12, 2010.
  9. "111th Congress – Meet The New Members | Legislator | US Senator Ted Kaufman". 111th.illumen.org. Retrieved July 12, 2010.
  10. Milford, Phil (November 24, 2008). "Kaufman Picked by Governor to Fill Biden Senate Seat (Update3)". Bloomberg. Retrieved July 12, 2010.
  11. Montgomery, Jeff (November 25, 2008). "Longtime aide Ted Kaufman to fill Biden's Senate seat". Usatoday.Com. Retrieved July 12, 2010.
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  15. http://www.americanchronicle.com/articles/yb/133516617&usg=AFQjCNFsgTAU8zf2DMtQsn2gk7gCMF-lkA
  16. "Ted Kaufman (D-Del.): Opening Statement on Kagan". mainjustice.com. June 28, 2010. Retrieved October 11, 2011.
  17. "Hotline Whip Count: The Kagan Nomination". National Journal's Hotline On Call. July 13, 2010. Retrieved October 11, 2011.
  18. O'Keefe, Ed (July 7, 2009). "Sen. Kaufman Champions Public Servants From the Senate Floor". washingtonpost.com. Retrieved July 12, 2010.
  19. https://www.votesmart.org/speech_detail.php?sc_id=460597&keyword=&phrase=&contain=
  20. "SEC makes permanent rule to rein in short selling Hedge Funds". MarketWatch. Retrieved July 12, 2010.
  21. "Senator Ted Kaufman — Senator for Delaware: Newsroom – Press Release". Kaufman.senate.gov. July 22, 2009. Retrieved July 12, 2010.
  22. 1 2 Packer, George (2013). The Unwinding . New York: Farrar, Straus and Giroux. pp. 279–295. ISBN   978-0-374-10241-8.
  23. U.S. Senate Roll Call Vote #136, 111th Congress – 2nd Session, May 6, 2010, retrieved October 23, 2012
  24. "Senator Ted Kaufman — Senator for Delaware: Meet Ted – Timeline". Kaufman.senate.gov. Retrieved July 12, 2010.
  25. "S. 962: Enhanced Partnership with Pakistan Act of 2009". GovTrack.us. Retrieved July 12, 2010.
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  29. "Kaufman Condemns Repression of Uighurs and Clashes in Western China". Uhrp.org. July 9, 2009. Retrieved July 12, 2010.
  30. "Senator Ted Kaufman — Senator for Delaware: Newsroom – Press Release". Kaufman.senate.gov. June 8, 2009. Retrieved July 12, 2010.
  31. "Senator Ted Kaufman — Senator for Delaware: Newsroom – Press Release". Kaufman.senate.gov. July 10, 2009. Retrieved July 12, 2010.
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  33. "Senate Leaders Announce Bipartisan Committee To Investigate Judge G. Thomas Porteous" (Press release). Senate Democratic Caucus. March 17, 2010. Archived from the original on May 5, 2010. Retrieved April 29, 2010.
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  35. "Sen. Kaufman to Chair Congressional Oversight Panel". Congressional Oversight Panel. October 4, 2010. Archived from the original on January 6, 2011. Retrieved December 24, 2010.
  36. "Thank You, Senator Kaufman". Daily Kos. November 15, 2010. Retrieved December 24, 2010.
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  39. "Ted Kaufman – Institute of International Education". iie.org. Retrieved October 11, 2011.
  40. "Kaufman prepared to tackle STEM education in Delaware". delawarefirst.org. February 18, 2011. Retrieved October 11, 2011.
  41. "NDI Welcomes New Members to Its Board of Directors". National Democratic Institute. September 18, 2014. Retrieved October 16, 2014.
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U.S. Senate
Preceded by
Joe Biden
United States Senator (Class 2) from Delaware
2009–2010
Served alongside: Tom Carper
Succeeded by
Chris Coons
Political offices
Preceded by
Elizabeth Warren
Chairman of the Congressional Oversight Panel
2010–2011
Position abolished