Congressional Oversight Panel; Printed from http://cop.senate.gov.

About Ted Kaufman

Former United States Senator from Delaware

Sen. Ted Kaufman was sworn into office on Jan. 16, 2009, taking the seat of Sen. Joe Biden, who was elected Vice President of the United States. He served in the United States Senate until November 15, 2010.

Less than a month after arriving in the Senate, he introduced the Fraud Enforcement and Recovery Act with Sens. Patrick Leahy (D-VT) and Chuck Grassley (R-IA). The bipartisan legislation, signed into law by President Obama on May 20, 2009, strengthens the tools and increases the resources available to federal prosecutors to combat financial fraud.

Sen. Kaufman quickly emerged as a leading voice in the financial debate, pushing the Securities and Exchange Commission to strengthen its short selling rules and advance market structure reforms in such areas as high frequency trading.

He was also extremely active in trying to solve the problem of financial institutions deemed "too-big-to-fail," calling for a reimposition of the Glass-Steagall Act, which would separate commercial and investment banking activities. Along with Sen. Sherrod Brown (D-OH), Sen. Kaufman in April introduced the SAFE Banking Act of 2010, which would cap the size of banks based on their assets and liabilities.

Initially appointed to two committees - the Judiciary Committee and the Foreign Relations Committee - Sen. Kaufman was assigned to two more panels in March 2010: the Committee on Homeland Security and Governmental Affairs and the Armed Services Committee.

Sen. Kaufman was born on March 15, 1939, in Philadelphia, PA, to Helen Carroll and Manuel Kaufman. He graduated from Duke University with a BS in mechanical engineering. He later earned an MBA from the Wharton School of the University of Pennsylvania.

In 1966, Sen. Kaufman moved to Delaware to work for the DuPont Company, and in 1972, joined Joe Biden's long-shot U.S. Senate campaign on a volunteer basis. He began working full-time for Biden in 1973, and three years later, became Biden's chief of staff - a job he held for 19 years.

Since 1991, Sen. Kaufman has taught a course on "The Congress" as a Senior Lecturing Fellow at the Duke University School of Law and Sanford School of Public Policy. For more than 10 years, he also taught "Government, Business, and Public Policy in the Global Economy" for law students and students in Duke's Fuqua Graduate School of Business.

From 1995 until 2008, Sen. Kaufman was a Board member of the Broadcasting Board of Governors (BBG), 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 the Presidents Clinton and Bush and was confirmed by the Senate for four terms.

Sen. Kaufman and his wife, Lynne, have been married since 1960 and reside in Wilmington. They have three daughters, Kelly, Murry, and Meg, and 7 grandchildren.