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Rubin's Steady Hand Guided World Finances

During his time at Goldman Sachs, Rubin honed his managerial skills. He is known for ignoring traditional hierarchy when attempting to find the best solution to a problem.

White House spokesperson Jake Siewert says of Rubin, “He would listen to everyone and ask lower-level people for advice. That came out of the environment at Goldman Sachs, where everyone has equal responsibility for trading.”

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In addition to his career at Goldman, Rubin became interested in Democratic politics in 1972.

He met then-governor of Arkansas Bill Clinton a year and a half before his first presidential election.

Rubin’s involvement in the Clinton administration began when he was named to Clinton’s small group of “outside economic advisors.”

“We didn’t do very much advising,” Rubin says. He was offered a position in the administration shortly after the election while visiting the then-president-elect in Little Rock. “I had always wanted to have the opportunity to have a senior position in an administration,” he says.

Siewert says Rubin was always interested in public service and Clinton gave him the chance to have the experience.

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