Robert K. Steel - Other Activities

Other Activities

Steel has been a frequent panelist and commentator on America's financial situation and markets. In May 2009 he shared a panel with Felix Rohatyn and Daniel Gross, Senior Editor of Newsweek, on "Bringing the Economy Back to Life." Lesley Stahl moderated.

He is also a member of the Pew Charitable Trusts Task Force on Financial Reform, which advises the United States Congress on critical financial reform issues. In December 2009, he testified before the Joint Economic Committee of the U.S. House and Senate regarding financial reform. He is also a member of The FDIC Advisory Committee on Economic Inclusion (ComE-IN), which focuses on how to improve underserved and low- and moderate-income consumers' access to the financial mainstream.

Although Steel was appointed to his Treasury post by a Republican president, he does not regard himself as an ideologue, and has been occasionally criticized for his political independence. For example, although Steel hosted fundraisers at his home for John McCain, columnist Bob Novak complained that Steel is "no Republican," citing that he had worked with Clinton Treasury Secretary Robert Rubin at Goldman Sachs and made campaign donations in 2002 to Democrats from his home state of North Carolina.

In 2013, Steel was a signatory to an amicus curiae brief submitted to the Supreme Court in support of same-sex marriage during the Hollingsworth v. Perry case.