Spouse(s) Susannah Hunnewell Political party Democratic Party Name Antonio Weiss | Occupation Banker, editor Children Three sons | |
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Born September 28, 1966 (age 57) ( 1966-09-28 ) Alma mater Yale College (B.A.)
Harvard Business School (M.B.A.) Education Harvard Business School, Yale College | ||
Who is antonio weiss
Antonio Francesco Weiss (born September 28, 1966) is Counselor to the Secretary of the US Treasury, serving since January, 2015. He advises on a broad range of domestic and international issues, including financial markets, regulatory reform, job creation, and fostering broad-based economic growth. He was previously head of investment banking for Lazard, a global financial advisory and asset management firm.
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Education
Weiss attended Yale College and received his MBA at Harvard Business School, where he was a Baker Scholar and a Loeb Fellow in Finance.
Banking career
Weiss joined Lazard in New York in 1994 and became a partner at the end of 1998. From 2001 to 2009, Weiss was based in Paris, France where he served as a vice chairman of European investment banking for Lazard and subsequently global head of mergers and acquisitions.
Transactions on which he advised included Reynolds American's acquisition of Lorillard, the merger of Rockwood and Albemarle, the acquisition by Berkshire Hathaway and 3G Capital of Heinz, the sale of D.E Master Blenders to JAB and pending merger with Mondelez coffee, Anheuser-Busch's acquisition of Grupo Modelo, Google's acquisition of Motorola Mobility, 3G Capital's acquisition of Burger King, Kraft's acquisition of Cadbury, the KKR and KPE merger, InBev's acquisition of Anheuser-Busch, Nestle's acquisition of Gerber and Novartis Medical Nutrition.
Political career
After his nomination to be undersecretary of domestic finance at the Treasury Department was opposed by Senator Elizabeth Warren, Weiss served the Treasury as an unofficial advisor, beginning in early 2015. In 2016, as a public debt crisis brought Puerto Rico to the brink of default, Weiss helped to broker a U.S. law that restructured Puerto Rico's debt, imposed a financial oversight board on the protectorate, and limited minimum-wage and overtime protections for Puerto Rican workers. The law was criticized on the right by fiscal conservatives unhappy with the possible cost to U.S. taxpayers and on the left by advocates for workers and for Puerto Rican autonomy, but was heralded as "the only piece of major economic policy to pass Congress" to date in 2016.
Affiliations
Weiss is a member of the Council on Foreign Relations and has a long-standing interest in policy matters. He co-authored the December, 2012 Center for American Progress report, “Reforming Our Tax System, Reducing Our Deficit,” which recommended a more progressive tax regime and a balanced approach to long-term debt reduction. Prior to joining the US Treasury, Weiss was a trustee of The Frick Collection, the French-American Foundation, and Publisher of literary quarterly The Paris Review, where he apprenticed to founder and editor George Plimpton.