Federico Peña
8th United States Secretary of Energy
In office
March 12, 1997  June 30, 1998
PresidentBill Clinton
Preceded byHazel R. O'Leary
Succeeded byBill Richardson
12th United States Secretary of Transportation
In office
January 21, 1993  February 14, 1997
PresidentBill Clinton
Preceded byAndrew Card
Succeeded byRodney E. Slater
41st Mayor of Denver
In office
July 2, 1983  July 15, 1991
Preceded byWilliam H. McNichols Jr.
Succeeded byWellington Webb
Member of the Colorado House of Representatives
In office
January 10, 1979  July 2, 1983
Personal details
Born
Federico Fabian Peña

(1947-03-15) March 15, 1947
Laredo, Texas, U.S.
Political partyDemocratic
Spouses
  • (m. 1988; div. 2001)
  • Cindy Velasquez
    (m. 2006)
Children3
EducationUniversity of Texas at Austin (BA, JD)

Federico Fabian Peña (born March 15, 1947) is an American politician and attorney who served as the 12th United States secretary of transportation from 1993 to 1997 and the 8th United States secretary of energy from 1997 to 1998, during the presidency of Bill Clinton. He previously served as the 41st mayor of Denver from 1983 to 1991.

Early life

Born in Laredo, Texas, Peña earned a Bachelor of Arts (1969) and Juris Doctor (1972) from the University of Texas at Austin and the University of Texas School of Law, respectively.

Career

Moving to Colorado, where he became a practicing attorney, Peña was elected to the Colorado House of Representatives as a Democrat in 1979, where he rose to become Minority Leader.

Mayor of Denver

In 1983, Peña defeated William H. McNichols Jr., a 74-year old incumbent, to become the first Hispanic mayor of Denver, a post to which he was re-elected in 1987. During his time as mayor in the late 1980s and early 1990s, he was instrumental in bringing the Colorado Rockies baseball team to Denver in 1993 .[1]

Clinton administration

Peña advised Arkansas Governor Bill Clinton on transportation issues during Clinton's Presidential transition and thereafter Clinton chose Peña to head the United States Department of Transportation.

In 1995 the Justice Department conducted a preliminary investigation into a California transit agency's awarding of a pension management contract to Peña's former investment management firm. However, Peña had severed all ties to his former company both prior to the contract and prior to becoming Transportation Secretary. On March 17, 1995 Janet Reno ended the investigation.[2]

Although he had intended to leave Clinton's cabinet after a single term, Peña also served as secretary of energy from 1997 to 1998.[3] During his 18-month tenure, Peña led an organization of 16,000 direct employees with a budget of $18 billion. He developed the Clinton administration's Comprehensive National Energy Strategy and oversaw the largest privatization in the history of the U.S Government—the $3.654 billion sale of the Elk Hills Oil Field, formerly known as Naval Petroleum Reserve No. 1. He crafted the Clinton Administration's strategy for oil and gas development in the Caspian Sea region and supported U.S. energy companies' investments around the world.

Later career

Upon leaving the Clinton administration, Peña returned to Denver. In August 1998, he joined private equity firm Vestar Capital Partners where he is a senior advisor.

Peña Boulevard, a freeway in Denver and neighboring Aurora connecting Denver International Airport to Interstate 70, is named for him. As mayor of Denver, Peña led the effort to build the airport. In addition, Peña's vision ("Imagine a Great City") resulted in the revitalization of Denver economy with a new convention center, modernized Cherry Creek Shopping Center, neighborhood retail efforts, expanded library and performing arts center, and recruitment of the Colorado Rockies major league baseball team.

Peña is the father of three children: Nelia, Cristina, and Ryan Peña. The divorce of Federico Peña and his first wife, Ellen Hart Peña, became final on September 10, 2001. Federico Peña married Cindy Velasquez on September 2, 2006. Cindy Velasquez is a former broadcast executive for Channel 7, KMGH-TV, and Channel 9, KUSA-TV, in Denver, Colorado and has a daughter, Pilar.

Peña was a National Co-Chair of the COMPETE Coalition, an organization of energy stakeholders including large power generators, large retail power consumers and energy efficiency/smart grid groups. Today he serves on several corporate boards and is involved in several philanthropic organizations.

On September 7, 2007, Peña announced that he would endorse Senator Barack Obama in the 2008 presidential election, and also serve as Obama's National Campaign Co-chair. The move was notable in that Peña did not endorse Senator Hillary Clinton, the wife of the president under whom he served.[4] On November 5, 2008, he was named to the advisory board of the Obama-Biden Transition Project.[5]

On October 26, 2011, Peña was elected to serve as a member of the Board of Directors of Wells Fargo.[6] Peña was appointed to the University of Denver Board of Trustees in June 2015.

References

  1. Peterson, Iver. "DENVER WORKS AT SELLING ITSELF AS SPORTS CITY". The New York Times. Retrieved 6 June 2017.
  2. "Secretary of Transportation Will Not Face a Prosecutor", New York Times, March 17, 1995
  3. "Peña Resigns as Energy Secretary, Citing Concerns for Family", New York Times, April 7, 1998
  4. CNN Political Ticker: All politics, all the time Blog Archive – Clinton cabinet member backs Obama « – Blogs from CNN.com
  5. Sweet, Lynn Jarrett, Podesta, Rouse to lead Obama transition; Bill Daley co-chair Archived December 10, 2008, at the Wayback Machine Chicago Sun-Times, November 5, 2008
  6. "Wells Fargo - News Releases". Archived from the original on 2014-04-06. Retrieved 2012-01-27.
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