Steven Rattner is an American financier, a founder of the Quadrangle group, and was appointed "car czar" in Obama Administration. He previously served as a reporter for the New York Times, advocating liberal approaches to economics, and continued to endorse such positions during his tenure as czar.
As a czar, Rattner was not accountable to anyone except President Obama, and his responsibilities were similarly nebulous. Since his position is not a true cabinet post, Rattner did not need to be confirmed by the full Senate Like other Obama appointees, he is a strongly partisan choice with many ties to the Democratic party establishment.
Rattner headed up the President's Task Force which restructured General Motors and Chrysler and wiped out exisitng shareholders. After Rattner's resignation under a cloud as car czar, Rattner paid $6.2 million in settlements with the Securities and Exchange Commission for his role is a pay-to-play scandal. Rattner's wife Maureeen is the National Finance Chair of the Democratic Party.