{{#badges:FTD}}[[Image:Zoellick.jpg|left]]'''Robert Bruce Zoellick''' is a former U.S. trade representative, deputy secretary of state, president of the World Bank, and vice chairman of [[Goldman Sachs]] (2006-2007). As U.S. trade representative, Zoellick played a key role in the passage of the [[Central American Free Trade Agreement]], the [http://www.fas.usda.gov/itp/agreements/vt-text.pdf U.S.-Vietnam Free Trade Agreement], the [http://www.ustr.gov/trade-agreements/free-trade-agreements/jordan-fta Jordan Free Trade Agreement], and the restoration of fast track negotiating authority via the [http://www.govtrack.us/congress/bills/107/hr3009 Trade Act of 2002]. He was unanimously confirmed as President also a top U.S. negotiator during the General Agreement on Tariffs and Trade (GATT) negotiations that lead to the formation of the [[World BankTrade Organization]] on June 25(WTO). Zoellick is a Distinguished Visiting Fellow at the Peter G. Peterson Institute for International Economics, which received $765, 2007000 from Peterson's foundation from 2009-2011.<ref>Lesley WroughtonPeter G. Peterson Foundation, [http://ukwww.pgpf.org/Issues/Grants/2010/12/16/~/link.reutersaspx?_id=11E303D17D4444B0BC413A5E7211B658&_z=z "Peterson Institute for International Economics"], organizational website, accessed January 1, 2013.com</articleref> The Peterson Institute's board is stacked with current and former Fortune 500 CEOs from companies that would benefit from Fix the Debt's proposed lowering of corporate tax rates and sharp lowering of taxes on repatriated profits.<ref>Peterson Institute for International Economics, [http:/homepageCrisis/idUKN25302115www._CH_iie.242020070625 com/institute/board.cfm "Zoellick unanimously approved as World Bank chief,Board of Directors"] Reuters (UK), June 25organizational website, accessed January 1, 20072013.</ref> Zoellick was nominated for is a steering committee member of Fix the Debt.<ref>Fix the position on May 30Debt, [http://www.fixthedebt.org/who-we-are "Who We Are"], 2007organizational website, accessed December 2012.</ref> ==Ties to Pete Peterson's "Fix the Debt"== The [[Portal:Fix the Debt|Campaign to Fix the Debt]] is the latest incarnation of a decades-long effort by President former Nixon man turned Wall Street billionaire [[George WPete Peterson]] to slash earned benefit programs such as [[Social Security]] and [[Medicare]] under the guise of fixing the nation's "debt problem. Bush" Zoellick is listed as a member of the Campaign to [[Fix the Debt]]'s steering committee.<ref>Fix the Debt, [http://www.whitehousefixthedebt.govorg/news/releases/2007/05/20070530who-we-4.html News Release: are "President Bush Nominates Robert Zoellick As President Of The World Bank,Who We Are"] Office of the White House Press Secretary, May 30organizational website, 2007accessed December 2012.</ref> This article is part of the Center for Media and Democracy's investigation of Pete Peterson's Campaign to "Fix the Debt." '''Please visit our main SourceWatch page on [[Portal:Fix the Debt|Fix the Debt]].''' {{about_FTD}}
==Profiles==
Zoellick was unanimously confirmed as President of the [[World Bank]] on June 25, 2007.<ref>Lesley Wroughton, [http://uk.reuters.com/article/homepageCrisis/idUKN25302115._CH_.242020070625 "Zoellick unanimously approved as World Bank chief,"] Reuters (UK), June 25, 2007.</ref> Zoellick was nominated for the position on May 30, 2007, by President [[George W. Bush]].<ref>[http://www.whitehouse.gov/news/releases/2007/05/20070530-4.html News Release: "President Bush Nominates Robert Zoellick As President Of The World Bank,"] Office of the White House Press Secretary, May 30, 2007.</ref>
At the time of his nomination, Zoellick was serving "an executive at [[Goldman Sachs Group Inc.]], where Treasury Secretary [[Henry Paulson]], who will recommend candidates for the World Bank job to President George W. Bush, was chairman until June [1996]."<ref>Andreas Cremer, [http://www.bloomberg.com/apps/news?pid=20601087&sid=agAylsBShx_M&refer=home "Zoellick Wins German Support to Be World Bank Head (Update1),"] Bloomberg News, May 29, 2007.</ref>
===Deputy Secretary of State===
Zoellick was nominated February 10, 2005, by President George W. Bush to be Deputy Secretary of State vice [[Richard L. Armitage]], who resigned.<ref> [http://www.whitehouse.gov/news/releases/2005/02/20050210-11.html News Release: "Nomination Sent to the Senate,"] Office of the White House Press Secretary, February 10, 2005.</ref>.
===U.S. Trade Representative===
Prior, Zoellick was appointed United States Trade Representative and assumed office on February 7, 2001. As a member Bush's Cabinet, he served with the rank of Ambassador. Zoellick is a member of the [[Council on Foreign Relations]], as well as the [[Trilateral Commission]], and was one of the signers of the January 26, 1998, [[Project for the New American Century]] (PNAC) letter to President [[William Jefferson Clinton]].<ref>[http://www.newamericancentury.org/iraqclintonletter.htm Letter to President William J. Clinton], Project for the New American Century, January 26, 1998.</ref><ref>[http://web.archive.org/web/20040408160727/http://www.ustr.gov/about-ustr/ambassador/zoellick.html Archived copy of Zoellick's U.S. Trade Representative profile].</ref>
===Under Secretary of State for Economic and Agricultural Affairs and Counselor to the Department===
"During President [[George Herbert Walker Bush]]'s Administration, Bob Zoellick served with Secretary of State [[James Addison Baker III]] as Under Secretary of State for Economic and Agricultural Affairs, as well as Counselor to the Department (Under Secretary rank). In August 1992, Ambassador Zoellick was appointed White House Deputy Chief of Staff and Assistant to the President."<ref>[http://www.results.gov/leadership/bio_474.html "Robert Zoellick -- Office of the United States Trade Representative,"] WhiteHouse.gov.</ref>
===Other positionsPositions===
He served in various positions at the Department of the Treasury from 1985 to 1988, including Counselor to Secretary James A. Baker III, Executive Secretary of the Department, and Deputy Assistant Secretary for Financial Institutions Policy. Zoellick was also appointed the President's personal representative, or Sherpa, for the G-7 Economic Summits in 1991 and 1992. After leaving government service, Ambassador Zoellick was appointed an Executive Vice President at [[Fannie Mae]] (1993-1997). <ref>[http://www.results.gov/leadership/bio_474.html "Robert Zoellick -- Office of the United States Trade Representative,"] WhiteHouse.gov.</ref><ref>[http://web.archive.org/web/20021221130122/http://www.ustdrc.gov/members/zoellick.html Archived copy of Zoellick's U.S. Trade Deficit Review Commission profile.]</ref>
Zoellick has served as the [[John M. Olin]] Professor of National Security at the U.S. Naval Academy (1997-1998), Research Scholar at the [[Belfer Center for Science and International Affairs]] at the John F. Kennedy of Government at Harvard University, and Senior International Advisor to [[Goldman Sach'sSachs]].<ref>[http://web.archive.org/web/20021221130122/http://www.ustdrc.gov/members/zoellick.html Archived copy of Zoellick's U.S. Trade Deficit Review Commission profile.]</ref><ref>[http://web.archive.org/web/20040408160727/http://www.ustr.gov/about-ustr/ambassador/zoellick.html Archived copy of Zoellick's U.S. Trade Representative profile].</ref>
He also serves or has served as a board member on a number of private and public organizations: [[Alliance Capital]], [[Said Holdings]], and the [[Precursor Group]]; a member of the advisory boards of [[Enron]] and [[Viventures]], a venture fund; as a Director of the [[Aspen Institute]]'s Strategy Group, Council on Foreign Relations, the [[German Marshall Fund of the United States]], and the [[World Wildlife Advisory Council]]; and a member of Secretary [[William Sebastian Cohen]]'s [[Defense Policy Board]].<ref>[http://web.archive.org/web/20021221130122/http://www.ustdrc.gov/members/zoellick.html Archived copy of Zoellick's U.S. Trade Deficit Review Commission profile.]</ref><ref>[http://web.archive.org/web/20040408160727/http://www.ustr.gov/about-ustr/ambassador/zoellick.html Archived copy of Zoellick's U.S. Trade Representative profile].</ref>
Zoellick was raised in Naperville, IL. He graduated Phi Beta Kappa in 1975 from Swarthmore College and received his J.D. from the Harvard Law School and a Master of Public Policy degree from Harvard University's Kennedy School of Government in 1981.<ref>[http://web.archive.org/web/20021221130122/http://www.ustdrc.gov/members/zoellick.html Archived copy of Zoellick's U.S. Trade Deficit Review Commission profile.]</ref><ref>[http://web.archive.org/web/20040408160727/http://www.ustr.gov/about-ustr/ambassador/zoellick.html Archived copy of Zoellick's U.S. Trade Representative profile].</ref>
In an October 2007 speech to the National Press Club, Zoellick stated that "we are working with our Board to significantly step up our assistance to the international efforts to address climate change. At our upcoming Annual Meetings and at the UN Climate Change Conference in Bali this December, I hope to outline a portfolio of ways the World Bank Group can help integrate the needs of development and low carbon growth. We need to focus particularly on the interests of developing countries, so that we can meet the challenge of climate change without slowing the growth that will help overcome poverty.<ref>Robert B. Zoellick, [http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:21504730~pagePK:34370~piPK:42770~theSitePK:4607,00.html "An Inclusive & Sustainable Globalization"], President of the World Bank Group, The National Press Club, Washington D.C., October 10, 2007.</ref>
==Other affiliationsTies==
*Director Emeriti, [[European Institute]] <ref>[http://www.europeaninstitute.org/content.php?section=boards Boards], The European Institute, accessed August 14, 2007.</ref>
*Main architect of [[CAFTA]]
*Member, [[Inter-American Dialogue]]
== Resources and articlesArticles== ===ReferencesFeatured SourceWatch Articles on Fix the Debt===<references* [[Portal:Fix the Debt|Fix the Debt Portal Page]]** [[Fix the Debt's Leadership]]** [[Fix the Debt's Partner Groups]]** [[Fix the Debt's State Chapters]]** [[Fix the Debt's Lobbyists]]** [[Committee for a Responsible Federal Budget|Fix the Debt's Parent Group]]** [http://www.sourcewatch.org/>index.php?title=Category:Fix_the_Debt_Corporations Fix the Debt's Corporations]** [[Pete Peterson]]** [[Peter G. Peterson Foundation]]** [[America Speaks]]** [[Simpson-Bowles Commission]]** [[Erskine Bowles]]** [[Alan Simpson]]** [[Social Security]]** [[Medicare]]** [[Medicaid]] ===External Articles===
===External articles ===
*Kevin Watkins, [http://www.opendemocracy.net/debates/article-7-30-860.jsp "Trade hypocrisy: the problem with Robert Zoellick,"] ''Open Democracy'', December 20, 2002.
*Toni Solo, [http://www.counterpunch.org/solo11082003.html "Robert Zoellick and 'Wise Blood'. The Hazel Motes Approach to International Trade,"] ''CounterPunch'', November 8, 2003.
*Michael Duffy, [http://www.time.com/time/nation/article/0,8599,1626382,00.html "The Man Who'll Replace Wolfowitz,"] ''TIME'' Magazine, May 30, 2007.
===References===<references/> [[Category:Politics (U.S.)]][[Category:Real Economy Project]][[Category:United States]][[Category:Fix the Debt]]