Ted Kaufman


Edward Emmett Kaufman is an American politician and former businessman who served as a United States Senator from Delaware from 2009 to 2010. He chaired the Congressional Oversight Panel for the Oversight of the Troubled Asset Relief Program; he was the second and final person to hold the position, succeeding then-law-school-professor Elizabeth Warren. Kaufman is a Democrat.
Kaufman was appointed to the Senate to fill the term of longtime Senator Joe Biden, who was elected Vice President of the United States in 2008. Prior to becoming a U.S. Senator, Kaufman had served as an adviser to Biden for much of his political career.

Early life, education, and business career

Kaufman was born in Philadelphia, Pennsylvania, the son of Helen, a teacher, and Manuel Kaufman, a social worker. His father was of Russian Jewish ancestry and his mother was of Irish descent. He was raised in his mother's Catholic religion. Kaufman graduated Central High School in Philadelphia, earned a Bachelor of Science degree in mechanical engineering from Duke University, and a Master of Business Administration degree from the Wharton School of the University of Pennsylvania.
Kaufman originally moved to Delaware in 1966 to work for DuPont as an engineer.

Work for Joe Biden

In 1972 he joined Joe Biden's long-shot U.S. Senate campaign on a volunteer basis. After Biden's surprise victory in 1972, he took a one-year leave of absence from DuPont to organize and head Senator Biden's Delaware Office. In 1976 he became Biden's Chief of Staff/Administrative Assistant and served until 1995, also working on Biden's subsequent Senate campaigns.
Prior to serving as a U.S. Senator, Kaufman was a member of the Broadcasting Board of Governors – the independent, autonomous, federal entity responsible for all U.S. government and government sponsored non-military international broadcasting. He was appointed to the BBG by Presidents Clinton and Bush and was confirmed by the U.S. Senate for four terms.

U.S. Senate (2008–2010)

Appointment

On November 24, 2008, Delaware Governor Ruth Ann Minner announced her intention to appoint Kaufman to replace Biden in the Senate. He was appointed on January 15, 2009, the same day Biden resigned his seat, and was sworn in the next day. Kaufman served in the Senate until his successor, Chris Coons, was elected in a special election in 2010 to finish out the term. Kaufman chose not to run for a full term.
Kaufman inherited appointments to the same two committees that his predecessor, Biden, had served on before his resignation – the Committee on Foreign Relations and the Committee on the Judiciary.

Tenure

Early in his term, Kaufman supported the American Recovery and Reinvestment Act of 2009. The stimulus package has meant more than $800 million in federal funding to support Delaware's economic recovery.
In July 2009, Kaufman participated in the Senate Judiciary Committee's Supreme Court nomination hearing for Judge Sonia Sotomayor. During the hearing, Kaufman's line of questioning focused on the current Court's recent treatment of business cases and on Judge Sotomayor's judicial approach. Kaufman voted to send Judge Sotomayor's nomination to the full Senate for a vote. In June 2010 Kaufman participated in the Senate Judiciary Committee's Supreme Court nomination hearing for Judge Elena Kagan. Kaufman voted to send Judge Kagan's nomination to the full Senate for a vote.
In response to his perception that "people just feel it's perfectly okay to denigrate federal employees", Kaufman gave speeches once a week starting in May 2009 praising a different federal employee until the end of his term. Kaufman was succeeded by Chris Coons, a Democrat, after Coons defeated Republican nominee Christine O'Donnell in November 2010. Kaufman resigned and Coons took office on November 15, 2010, in accordance with Delaware state law and Senate rules.

Financial industry

As a member of the Senate Judiciary Committee, Kaufman introduced bipartisan legislation with Senators Patrick Leahy and Chuck Grassley to strengthen tools and increase resources available to federal prosecutors to combat financial fraud. The Fraud Enforcement and Recovery Act of 2009 was signed into law by President Obama on May 20, 2009.
Kaufman had sought to further restore confidence in the U.S. financial markets by introducing bipartisan legislation to address abusive short selling and other market manipulation. Kaufman urged the Securities Exchange Commission to consider reinstating the "uptick rule" – which aids market stability and hampers price discovery. He gave multiple floor statements and written numerous letters to the agency with Senate colleagues on this issue, as well as the need for a pre-borrow requirement or a "hard locate" system for short sales.
In 2010, Kaufman, along with Senator Sherrod Brown, introduced an amendment to the then-proposed Dodd–Frank Wall Street Reform and Consumer Protection Act, known as the Brown–Kaufman amendment. The amendment would have limited the nondeposit liabilities of banks to two percent of gross domestic product, effectively curtailing the size to which banks could grow. Kaufman stated on the Senate floor his intention to recapture the spirit of the Glass–Steagall Act, passed in 1933, which had been rescinded in 1999. The amendment failed in a Senate vote of 61 to 33 on May 6, 2010.

Foreign affairs

In April 2009, Kaufman took his first trip to Iraq, Afghanistan, and Pakistan, where he visited with U.S. troops, foreign leaders, and others to examine U.S. strategy in the region. He is a co-sponsor of the Enhanced Partnership with Pakistan Act of 2009, which will triple non-military aid to Pakistan, providing $1.5 billion per year for development over the next five years. Kaufman has also stressed the need for increased civilian-military training focused on counterinsurgency and stability operations as essential to success in Afghanistan, introducing an amendment to the 2009 Defense Supplemental Appropriations Bill with Senators Richard Lugar and Jack Reed. Kaufman has since visited Afghanistan, Iraq and Pakistan twice more.
In May 2009, Kaufman visited Israel, Syria and Turkey to discuss regional security issues and areas of mutual interest and cooperation. He met with foreign government and military officials, political leaders and civil society representatives. During the 2009–2010 Iranian election protests, Kaufman introduced a resolution supporting the protesters that was unanimously passed in the Senate. Kaufman also introduced the Victim of Iranian Censorship Act as an amendment to the 2009 National Defense Authorization Act. The VOICE Act – unanimously adopted by the Senate – supports similar objectives and authorizes funding for the Broadcasting Board of Governors to expand transmission capability and programming on Radio Farda and the Persian News Network. Kaufman spoke out for freedom of the press in China.

Education reform

Kaufman sponsored the Science, Technology, Engineering and Mathematics Education Coordination Act to establish a committee to coordinate the efforts of Federal STEM education programs. Kaufman also supported the Edward M. Kennedy National Service Act, which provides increased service opportunities for engineers and scientists to help inspire a new generation of science and technology students. In 2010 Kaufman was presented with the American Society of Mechanical Engineers 2010 President's Award for his work on promoting STEM education.

Committee assignments

Senator Harry Reid, the Senate Majority Leader, appointed Kaufman to replace Elizabeth Warren on the Congressional Oversight Panel on October 1, 2010. Three days later, Kaufman was unanimously elected as the panel's second chairman, succeeding Warren in that capacity as well. He remained chairman of the panel despite the expiration of his Senate term.

Post-Senate career

Since 1991, Kaufman has taught a course on the United States Congress in the law school of his alma mater, Duke University as well as "Government, Business, and Public Policy in the Global Economy" for law and business students at Duke. From 1995 to 1999 he was Co-Chair of the Duke Law School Center for the Study of the Congress.
Kaufman is currently a member of the board of trustees of the Institute of International Education He is also Co-Chair of the Delaware STEM Council
In September 2014, Kaufman joined the board of directors of the National Democratic Institute for International Affairs.

Personal

Kaufman and his wife, Lynne, have been married since 1960 and reside in Wilmington. They have three daughters, Kelly, Murry, and Meg, and seven grandchildren. He was a member of the Board of Directors of Children and Families First, WHYY, and the Board of Trustees of Christiana Care.