History of the Treasury
Secretaries of the Treasury
Jan. 23, 1977 to Aug. 4, 1979
Under President Carter
W. Michael Blumenthal was sworn in on ,
1977, as the 64th .
President Carter nominated him on ,
1976, when he was Chairman and Chief Executive Officer of The Bendix
Mr. Blumenthal joined Bendix, a worldwide manufacturer serving
the automotive, aerospace-electronics, industrial-energy and shelter
markets, in 1967. Five years later, he was elected Chairman, President
and Chief Executive Officer.
Prior to joining The Bendix Corporation, Mr. Blumenthal served
as the President's Deputy Special Representative for Trade Negotiations
with the rank of Ambassador from 1963 to 1967. In this capacity
he served as Chairman of the U.S. Delegation to the Kennedy Round
of Trade Negotiations.
Mr. Blumenthal first served in the government from 1961 to 1963
as Deputy Assistant Secretary of State for Economic Affairs. During
that time he was Chairman of the United States Delegation, which
negotiated the Long-Term Cotton Textile Agreement, Chairman of the
United States Delegation which negotiated the International Coffee
Agreement, and served as United States Representative to the United
Nations Commission on International Commodity Trade.
From 1957 to 1961, Mr. Blumenthal was a Vice President and Director
of the Crown Cork International Corporation.
Mr. Blumenthal was born in Oranienburg, Germany, on ,
1926, and spent his childhood years in Germany and China, moving
to the United States in 1947 at the age of 21. He graduated Phi
Beta Kappa from the University of California at Berkeley in 1951
with a B.S. degree in international economics. He later attended
Princeton University where he received three degrees: a M.P.A. in
Public Affairs, a M.A. in Economics, and a Ph.D in Economics. From
1954 to 1957, he taught economics at Princeton University.
He served as a member of numerous boards and commissions. During
1975 and 1976, Mr. Blumenthal was Chairman of the Michigan Economic
Action Council, a study group created to find solutions to the State's
economic problems. He served as Director of the Economic Club of
Detroit, The Atlantic Council of the United States, the Council
on Foreign Relations and the National Council for United States-China
Trade. He was a trustee of Princeton University.