Peer Steinbrück (born 10 January 1947) is a German politician who was the chancellor-candidate of the Social Democratic Party (SPD) in the 2013 federal election . Steinbrück served as the 8th Minister-President of North Rhine-Westphalia from 2002 to 2005, a member of the Bundestag from 2009 to 2016, and as Federal Minister of Finance in the first Cabinet of Chancellor Angela Merkel from 2005 to 2009.
A graduate of the University of Kiel, Steinbrück began his political career in the office of Chancellor Helmut Schmidt and became chief of staff to Minister-President of North Rhine-Westphalia, Johannes Rau, in 1986. Steinbrück served as a state minister in both Schleswig-Holstein and North Rhine-Westphalia and succeeded Wolfgang Clement as Minister-President of North-Rhine Westphalia in 2002. Governing in an SPD-Green coalition, Steinbrück’s tenure was noted for its attempt to reduce tax breaks and coal subsidies . In the 2005 state election, Steinbrück’s SPD lost to the Christian Democratic Union (CDU) opposition led by Jürgen Rüttgers, thus marking the end of Steinbrück’s tenure as Minister-President.