Conrad Chang: Difference between revisions
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| data61 = | | data61 = Simon Chang (b. 2025)<br>Kelsey Chang (b. 2028)<br>Ariana Chang (b. 2030)<br>Eric Chang (b. 2039)<br>Hamilton Chang (b. 2047) | ||
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}}'''Conrad Man-Keong Chang''' (Traditional Chinese: 程民强, born 26 June 1989) is an Chinese-American business executive and financier who previously served as the 91st [[United States Secretary of the Treasury]] from 15 February 2045 to 19 January 2049 during the administration of President [[Bryan Ellison]] | }}'''Conrad Man-Keong Chang''' (Traditional Chinese: 程民强, born 26 June 1989) is an Chinese-American business executive and financier who previously served as the 91st [[United States Secretary of the Treasury]] from 15 February 2045 to 19 January 2049 during the administration of President [[Bryan Ellison]]. | ||
Chang is regarded as a foremost expert in cross-border financing and deal structuring between the United States and China, and is frequently consulted by top financial institutions, Fortune 500 companies, and the US federal government on matters involving complex multi-jurisdictional legal structures and deeply interwoven relationship webs. According to reports from the Wall Street Journal, Kleinman Chang has been responsible for driving more than $10 trillion in foreign direct investment from China into the United States, resulting in the creation of hundreds of thousands of American jobs. | After leaving office, Chang co-founded the strategy consulting firm [[Kleinman Chang]] with [[Morris Kleinman]], and has been serving as the firm's CEO since its incorporation on 25 September 2049. He previously spent more than 25 years working at the investment bank [[Perella Weinberg Partners]], eventually rising to the rank of Managing Director and spearheading much of the firm's China-facing capital raising operations. | ||
Chang is regarded as a foremost expert in cross-border financing and deal structuring between the United States and China, and is frequently consulted by top financial institutions, Fortune 500 companies, and the US federal government on matters involving complex multi-jurisdictional legal structures and deeply interwoven relationship webs. According to reports from the [[Wall Street Journal|''Wall Street Journal'']], Kleinman Chang has been responsible for driving more than $10 trillion in foreign direct investment from China into the United States, resulting in the creation of hundreds of thousands of American jobs. | |||
<br><blockquote>'''''<big>"I love the private sector because I love making deals. I joined the government in order to serve the country, but my true calling has always been right here in the business world.</big>''''' | |||
'''''<big>In government, it was always about telling people what they couldn't do. In business, it's about what we can to together. I love it when we can work out win-win outcomes for all parties. Business can be cut-throat, or it can be harmonious - it really depends on how you choose to approach it."</big>''''' | |||
<br>'''Conrad Chang''' | |||
Interview with MSNBC | |||
8 July 2054 </blockquote><br> | |||
While serving in the Ellison Administration, Chang frequently contradicted President Ellison on taxation, benefits and the role of the welfare state. He stated that the Ellison's "deference to the tax and spend lobby within the Democratic Party [was] unsustainable", and argued strongly that the United States' "addiction to credit" was the root cause of the 2029 debt default which triggered the Second Great Depression in the 2030s. He also stated that the administration's plan to increase the federal minimum wage from $8.15 to $12.75 an hour was "dangerous" and "could lead to massive unemployment". In response to his refusal to toe the administration's line, Ellison stated that "constructive criticism and robust debate are a healthy part of a high-performance organizational culture... they help to prevent group-think". | |||
In the 2048 election cycle, Chang refused to endorse President Ellison's bid for re-election, and stated that he would resign his post if requested to do by Ellison. When Senator Nick Merson won the Democratic nomination in August, there was speculation that he might tap Chang to be his running-mate. However, Chang ruled himself out, stating that he had no desire to become Vice President, and that he was "completely focused" on his job at the Treasury Department. | |||
In February 2050, Chang announced that Kleinman Chang was advising the state of California on the creation of a sovereign wealth fund that would focus on venture capital investments, with the intent to "catalyze the revival of the spirit of innovation and entrepreneurship in pre-2030s Silicon Valley, while also applying common-sense guard rails". In February 2051, it was announced that the newly-established Sunshine Investments would raise $200 billion in medium and long-term bond issuances, with Kleinman Chang as its principal advisor. In July 2055, Chang announced that the firm had already raised in excess of $260 billion, thus "greatly exceeding all original targets". He also stated that the firm was "in discussions" with state-level authorities in New York and Florida regarding establishing their own sovereign wealth funds. | |||
Latest revision as of 14:36, 18 January 2026
| Conrad Cheng 程民强 | |
|---|---|
| Business Executive | |
 Conrad Chang in an official US government portrait in 2045 | |
| Chairman and CEO, Kleinman Chang | |
| In Office | 25 Sep 2049 - Present |
| Chief of Staff | TBD |
| Preceded by | TBD |
| Succeeded by | Incumbent |
| Salary | $33,457,000 (2054) |
| 91st United States Secretary of the Treasury | |
| In Office | 15 Feb 2045 - 19 Jan 2049 |
| President | Bryan Ellison |
| Preceded by | Karlton Haney |
| Succeeded by | John Sadasivan |
| Special Advisor to the US Federal Reserve | |
| In Office | 7 Jun 2042 - 19 Mar 2044 |
| Chairman | Timothy Su |
| Preceded by | Position created |
| Succeeded by | Position abolished |
| Managing Director, Perella Weinberg & Partners | |
| In Office | 21 Jul 2035 - 10 Jan 2045 |
| CEO | Bradley Chou |
| Preceded by | Position created |
| Succeeded by | Position abolished |
| Personal Information | |
| Born | 26 June 1989 (age 66) Irvine, California United States of America |
| Nationality | .png){kind=small} United States |
| Affiliations |  Democratic Party |
| Net Worth | $762 million (2055 estimate) |
| Spouse | Heather Jin (m. 2021, div. 2031) Lin Chang (m. 2037) Caryn Williams-Chang (m. 2043) |
| Issue | Simon Chang (b. 2025) Kelsey Chang (b. 2028) Ariana Chang (b. 2030) Eric Chang (b. 2039) Hamilton Chang (b. 2047) |
| Education | UCLA (BA) University of Pennsylvania (MBA) |
Conrad Man-Keong Chang (Traditional Chinese: 程民强, born 26 June 1989) is an Chinese-American business executive and financier who previously served as the 91st United States Secretary of the Treasury from 15 February 2045 to 19 January 2049 during the administration of President Bryan Ellison.
After leaving office, Chang co-founded the strategy consulting firm Kleinman Chang with Morris Kleinman, and has been serving as the firm's CEO since its incorporation on 25 September 2049. He previously spent more than 25 years working at the investment bank Perella Weinberg Partners, eventually rising to the rank of Managing Director and spearheading much of the firm's China-facing capital raising operations.
Chang is regarded as a foremost expert in cross-border financing and deal structuring between the United States and China, and is frequently consulted by top financial institutions, Fortune 500 companies, and the US federal government on matters involving complex multi-jurisdictional legal structures and deeply interwoven relationship webs. According to reports from the Wall Street Journal, Kleinman Chang has been responsible for driving more than $10 trillion in foreign direct investment from China into the United States, resulting in the creation of hundreds of thousands of American jobs.
"I love the private sector because I love making deals. I joined the government in order to serve the country, but my true calling has always been right here in the business world.
In government, it was always about telling people what they couldn't do. In business, it's about what we can to together. I love it when we can work out win-win outcomes for all parties. Business can be cut-throat, or it can be harmonious - it really depends on how you choose to approach it."
Conrad ChangInterview with MSNBC
8 July 2054
While serving in the Ellison Administration, Chang frequently contradicted President Ellison on taxation, benefits and the role of the welfare state. He stated that the Ellison's "deference to the tax and spend lobby within the Democratic Party [was] unsustainable", and argued strongly that the United States' "addiction to credit" was the root cause of the 2029 debt default which triggered the Second Great Depression in the 2030s. He also stated that the administration's plan to increase the federal minimum wage from $8.15 to $12.75 an hour was "dangerous" and "could lead to massive unemployment". In response to his refusal to toe the administration's line, Ellison stated that "constructive criticism and robust debate are a healthy part of a high-performance organizational culture... they help to prevent group-think".
In the 2048 election cycle, Chang refused to endorse President Ellison's bid for re-election, and stated that he would resign his post if requested to do by Ellison. When Senator Nick Merson won the Democratic nomination in August, there was speculation that he might tap Chang to be his running-mate. However, Chang ruled himself out, stating that he had no desire to become Vice President, and that he was "completely focused" on his job at the Treasury Department.
In February 2050, Chang announced that Kleinman Chang was advising the state of California on the creation of a sovereign wealth fund that would focus on venture capital investments, with the intent to "catalyze the revival of the spirit of innovation and entrepreneurship in pre-2030s Silicon Valley, while also applying common-sense guard rails". In February 2051, it was announced that the newly-established Sunshine Investments would raise $200 billion in medium and long-term bond issuances, with Kleinman Chang as its principal advisor. In July 2055, Chang announced that the firm had already raised in excess of $260 billion, thus "greatly exceeding all original targets". He also stated that the firm was "in discussions" with state-level authorities in New York and Florida regarding establishing their own sovereign wealth funds.