Indo - American Neel Kashkari mulling run for public office in California
- Real estate bill: BJP hits back at Rahul Gandhi, asks if he visited hail-affected farmers in Amethi
- Mumbai: Assistant sub-inspector shoots senior, self in Vakola police station
- Moga bus molestation: Deputy CM Sukhbir Singh orders Orbit buses off the road amid protests
- Three killed, 16 injured in accident at Harduaganj thermal station
- Amarnath Yatra: Nirmal Singh hits back at Geelani, says separatists have become 'irrelevant'
Indian-American Neel Kashkari, a former US Treasury official who oversaw department's troubled Asset Relief Program at the height of country's financial crisis is considering a run for public office in California as a Republican.
Kashkari, 39, announced yesterday that he is stepping down from his job as management director for Pacific Investment Management Co (PIMCO), a Newport Beach investment firm.
The former Goldman Sachs banker expressed an interest in entering public service in California in multiple interviews published today and has launched a website touting his biography and leadership bona fides.
Kashkari, whose parents Chaman and Sheila Kashkari are Indian-Americans from Kashmir, said, "I'm not the typical California Republican. I'm the son of immigrants,"
Kashkari told the Wall Street Journal. "I come from modest upbringing. I have a successful track record. I'm an optimist. And I think something can be done if people work together."
Kashkari was a key figure in implementing the USD 700 billion bank bailout effort, known as the Troubled Asset Relief Program, during President George W Bush's second term.
He stayed at the department for the start of Barack Obama's presidency before leaving to join Pimco in 2009.