Neal Wolin’s tenure as Deputy Counsel to the President for Economic Policy and Deputy Assistant to the President will be short-lived. As we reported in January, he was leaving his post as President and Chief Operating Officer of The Hartford Financial Services Group’s property & casualty business to join the administration as Larry Summers’s lawyer at the National Economic Council.
After just a few weeks in Washington, Wolin has been nominated to serve as United States Deputy Secretary of the Treasury, reporting to embattled and confused Treasury Secretary Tim Geithner.
Wolin is a Treasury veteran, having served as general counsel from 1999-2001 and deputy general counsel from ‘95-’99 under Larry Summers and Robert Rubin. He left Treasury to join The Hartford as general counsel.
This isn’t the first time Wolin has switched from the legal to the business side. He was promoted from GC to run The Hartford’s P&C business in 2007. As we noted previously, he took a fairly substantial pay cut to join the administration: he made almost $4.5 million in 2007.
Wolin (Yale BA, Oxford M.Sc, Yale JD) clerked in the Eastern District of New York then spent a few years as a litigation associate at Wilmer, Cutler & Pickering (now WilmerHale) in Washington before joining the government.
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