2003 Policy Conference Speakers	Back to Program Policy Conference Home
Steven M. Beckman Assistant Director, Governmental and International Affairs Department UAW Washington Office Since June 1985, Steve Beckman has been responsible for developing UAW positions and policies on all aspects of international trade and investment issues. He represents the UAW in meetings with officials in Executive branch agencies, Members and staff in Congress, and with various business, academic, government and general audiences on international trade and related issues. Mr. Beckman has been involved in major trade negotiations (Uruguay Round, U.S.-Japan Framework, NAFTA) and legislation through testimony before House and Senate committees on behalf of the UAW. He is also involved in UAW international affairs activities, including meeting with union representatives and workers from countries around the world, including Japan, Brazil, Mexico, South Africa, France, Australia and Germany. He has represented the UAW in international meetings on the impact of international economic policies on workers and on international standards for workers’ rights. Mr. Beckman is a member of several government advisory committees on international trade: Labor Advisory Committee for Trade Negotiations and Trade Policy (U.S. Department of Labor and Office of the U.S. Trade Representative); Auto Parts Advisory Committee (U.S. Department of Commerce); Advisory Committee on International Economic Policy (U.S. Department of State). Mr. Beckman began his work with the labor movement in 1976 as an intern in the AFL-CIO Research Department. He went on to the International Union of Electrical Workers (IUE) and the Industrial Union Department of the AFL-CIO where he worked on international trade, technological change and collective bargaining.

C. Fred Bergsten Director Institute for International Economics C. Fred Bergsten has been Director of the Institute since its creation in 1981. He was also Chairman of the Competitiveness Policy Council, which was created by Congress, throughout its existence from 1991 to 1995 and Chairman of the APEC Eminent Persons Group throughout its existence from 1993 to 1995. He was Assistant Secretary for International Affairs of the US Treasury (1977-81), Assistant for International Economic Affairs to the National Security Council (1969-71), and a Senior Fellow at the Brookings Institution (1972-76), the Carnegie Endowment for International Peace (1981), and the Council on Foreign Relations (1967-68). He is the author, coauthor, or editor of 29 books on a wide range of international economic issues, including The Korean Diaspora in the World Economy (2003), No More Bashing: Building a New Japan-United States Economic Relationship (2001), Whither APEC? The Progress to date and Agenda for the Future (1997), Global Economic Leadership and the Group of Seven (1996), The Dilemmas of the Dollar (second edition, 1996), Reconcilable Differences? United States-Japan Economic Conflict with Marcus Noland (1993), Pacific Dynamism and the International Economic System with Marcus Noland (1993), America in the World Economy: A Strategy for the 1990s (1988).
Ben S. Bernanke Governor Federal Reserve System Ben S. Bernanke took office on August 5, 2002, as a member of the Board of Governors of the Federal Reserve System to fill an unexpired term ending January 31, 2004. Dr. Bernanke was born on December 13, 1953, in Augusta, Georgia. He received a B.A. in economics in 1975 from Harvard University (summa cum laude) and a Ph.D. in economics in 1979 from the Massachusetts Institute of Technology. Before becoming a member of the Board, Dr. Bernanke was the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs and Chair of the Economics Department at Princeton University (1996-2002). Dr. Bernanke had served as a Professor of Economics and Public Affairs at Princeton since 1985. Before arriving at Princeton, Dr. Bernanke had been an Associate Professor of Economics (1983-85) and an Assistant Professor of Economics (1979-83) at the Graduate School of Business at Stanford University. His teaching career also included serving as a Visiting Professor of Economics at New York University (1993) and at the Massachusetts Institute of Technology (1989-90). At the time of his appointment, Dr. Bernanke had already served the Federal Reserve System in several roles. He had been a visiting scholar at the Federal Reserve Banks of Philadelphia (1987-89), Boston (1989-90), and New York (1990-91, 1994-96), and he had served on the Academic Advisory Panel at the Federal Reserve Bank of New York (1990-2002). Dr. Bernanke has published many articles on a wide variety of economic issues, including monetary policy and macroeconomics, and he is the author of several scholarly books and two textbooks. He has held a Guggenheim Fellowship and a Sloan Fellowship, and he is a Fellow of the Econometric Society and of the American Academy of Arts and Sciences. Dr. Bernanke served as the Director of the Monetary Economics Program of the National Bureau of Economic Research (NBER) and as a member of the NBER's Business Cycle Dating Committee. In July 2001, he was appointed Editor of the American Economic Review. Dr. Bernanke's work with civic and professional groups includes having served two terms as a member of the Montgomery Township (N.J.) Board of Education. Dr. Bernanke and his wife, Anna, have two children.
Richard Clarida Assistant Secretary for Economic Policy United States Department of the Treasury On February 7, 2002, Treasury Secretary Paul O'Neill swore-in Richard H. Clarida as Assistant Secretary for Economic Policy. The U.S. Senate confirmed Clarida on January 25, 2002. President George W. Bush nominated Richard Clarida on October 31, 2001. As Assistant Secretary for Economic Policy, Clarida is the senior advisor to the Treasury Secretary and the Deputy Secretary on all aspects of economic policy. His office is responsible for reporting on current and prospective economic developments and assisting in the determination of appropriate economic policies. His office is also responsible for the review and analysis of both domestic and international economic issues and developments in the financial markets. Prior to joining the Treasury Department, Clarida was Chairman of the Department of Economics at Columbia University, and has been a Professor at Columbia since 1988. From 1983 to 1988 he served as an assistant professor of economics at Yale University. In 1987, 1988 and 1989, he was a consultant to President Reagan's Council of Economic Advisors, and was a Senior Staff Economist at the CEA from 1986 to 1987. Clarida was a visiting scholar at the International Monetary Fund in 1992 and 1993, and then again from 1995 to 1997. He was a visiting scholar at the Federal Reserve Board in 1992, 1994 and 1997. Clarida is a member of the Council on Foreign Relations. Clarida earned his Master's and Ph. D. in Economics from Harvard in 1983. He earned a B.S. in Economics with Highest Honors from the University of Illinois at Urbana in 1979. He is married, has two children and resides in Southport, CT.
Anthony H. Cordesman Arleigh A. Burke Chair in Strategy Center for Strategic and International Issues Anthony H. Cordesman holds the Arleigh A. Burke Chair in Strategy at CSIS. He is also a national security analyst for ABC News, and his television commentary has been featured prominently during the Gulf War, Desert Fox, the conflict in Kosovo, and the fighting in Afghanistan. During his time at CSIS, Professor Cordesman has been director of the Gulf Net Assessment Project and the Gulf in Transition study, and principal investigator of the CSIS Homeland Defense Project. He has led studies on national missile defense, asymmetric warfare and weapons of mass destruction, and critical infrastructure protection. He has also written on U.S. defense programs and force transformation, the Western military balance, the nuclear balance, arms control in the Arab-Israeli military balance, the economic stability of North Africa, the Asian military balance, and the proliferation of weapons of mass destruction. He directed the CSIS Middle East Net Assessment Program and acted as codirector of the CSIS Strategic Energy Initiative. He is the author of a wide range of studies on U.S. security policy, energy policy, and Middle East policy, a number of which are available on the CSIS Web site (www.csis.org). Professor Cordesman has previously served as national security assistant to Senator John McCain of the Senate Armed Services Committee, as director of intelligence assessment in the Office of the Secretary of Defense, as civilian assistant to the deputy secretary of defense, and as director of policy and planning for resource applications in the Department of Energy. He has also served in numerous other government positions, including in the State Department and on NATO International Staff, and he has had numerous foreign assignments, including posts in Lebanon, Egypt, and Iran, with extensive work in Saudi Arabia and the Gulf. Professor Cordesman is the author of more than 20 books, including a four-volume series on the lessons of modern war. His recent books include Terrorism, Asymmetric Warfare, and Weapons of Mass Destruction (Praeger, 2002), Cyber-threats, Information Warfare, and Critical Infrastructure Protection (Praeger, 2002), Strategic Threats and National Missile Defenses (Praeger, 2002), The Lessons and Non-Lessons of the Air and Missile Campaign in Kosovo (Praeger, 2001), Peace and War (Praeger, 2001), A Tragedy of Arms (Praeger, 2001), Iraq and the War of Sanctions (Praeger, 2000), and Iran's Military Forces in Transition (Praeger, 2000). He has been awarded the Department of Defense Distinguished Service Medal. A former adjunct professor of national security studies at Georgetown University, he has twice been a Wilson Fellow at the Woodrow Wilson Center for Scholars at the Smithsonian Institution.
George S. Dallas Managing Director, Governance Services Standard & Poor’s George S. Dallas is Managing Director and Global Practice Leader in Standard & Poor’s Governance Services unit, based in London. This unit was formed in 2000, and is active in providing individual company corporate governance evaluations and customized governance research in both emerging and developed markets. Mr. Dallas has been involved actively with the development of Standard & Poor’s corporate governance analytical criteria and with the application of its governance scoring service in markets around the world. He has also served on the board of several Standard & Poor’s affiliates in Europe. Prior to this assignment Mr. Dallas was head of Global Emerging Markets for Standard & Poor’s, encompassing emerging markets activities of both Standard & Poor’s Credit Market Services and Investment Services. He has served as regional head for Standard & Poor’s Ratings Services in Eastern Europe, the Middle East and Africa, and as regional head for Standard & Poor’s European credit rating operations. Mr. Dallas has also been head of Standard & Poor’s London office and practice leader of the company’s international corporate finance group. He joined Standard & Poor’s as a corporate analyst in 1983, prior to which he was a corporate lending officer at Wells Fargo Bank. Mr. Dallas holds a B.A., With Distinction, from Stanford University and an M.B.A. from the University of California at Berkeley.
William H. Donaldson Chair Securities and Exchange Commission On February 18, 2003, President Bush appointed William H. Donaldson as the twenty-seventh Chairman of the United States Securities and Exchange Commission. In a career spanning more than forty years, Mr. Donaldson has held numerous senior positions in business, academia and government. Before joining the Commission, Mr. Donaldson had resumed his position as Chairman and Chief Executive Officer of a private investment firm that he originally founded in 1981. He simultaneously served as Chairman of the Board of the Carnegie Endowment for International Peace. Prior to that, he headed the nation’s largest providers of health insurance and related benefits until his retirement in 2001. In 1990, he was nominated for the position of Chairman and CEO of the New York Stock Exchange, a position he held until 1995. From 1975 to 1980, Mr. Donaldson was a founder of Yale University's Graduate School of Management, served as its first dean, and held a tenured chair as the William S. Beinecke Professor of Management. From 1973 to 1975, he served in the Nixon Administration, initially as United States Undersecretary of State under Henry Kissinger and later as counsel and special adviser to Vice President Nelson Rockefeller. Before that, Mr. Donaldson worked on Wall Street as the CEO of a major international investment banking firm that he co-founded in 1959. Earlier in his career, from 1953 to 1955, Mr. Donaldson served in the United States Marine Corps in the Far Eastern Theatre, first as a rifle platoon commander and later as aide-de-camp to the Commanding General of the 1st Provisional Marine Air Ground Task Force. Mr. Donaldson graduated from Yale University in 1953 with a bachelor’s degree in American Studies and, after his service in the Marine Corps, received an MBA with Distinction from the Harvard Graduate School of Business Administration in 1958.
Steve Galbraith Morgan Stanley Steve Galbraith joined Morgan Stanley in the summer of 2000 as a Managing Director. As Chief Investment Officer he is responsible for leading Morgan Stanley's strategy effort in fundamental, quantitative and technical analysis. Previously he had been a partner at Sanford Bernstein where he covered the packaged foods sector and later the securities industry. Prior to joining Bernstein, Steve spent time with Chase Manhattan, working the U.K., Hong Kong, Latin America, and New York. Steve has been (and continues to be) an Adjunct Professor at Columbia University Business School, where he teaches securities analysis. Steve graduated summa cum laude from Tufts University where he was elected to Phi Beta Kappa. He holds degrees in both economics and English.
Thomas D. Gallagher Senior Managing Director International Strategy and Investment Group, Inc. Thomas D. Gallagher is a Senior Managing Director of International Strategy and Investment Group Inc. ISI is broker-dealer specializing in economic and political research for institutional investors. Tom runs ISI’s Washington office, which analyzes the financial market implications of policy actions and political developments. He joined ISI in February 1999. Prior to that he was a managing director at Lehman Brothers, where he worked as a political economist for 13 years. Tom has been ranked on the Institutional Investor's All-Star Team for Washington research for the last nine years and was rated the #1 Washington analyst in 2001. He is a regular panelist on “Louis Rukeyser’s Wall Street.” He serves on the Community First Bankshares Board of Directors and is on the Editorial Advisory Board of Mental Floss magazine. Before his Wall Street jobs, Tom worked in the federal government for eight years. He served as a senior staff member at the U.S. International Trade Commission, as a Legislative Assistant to Senator George Mitchell, as an Economist for the Senate Budget Committee, and as an Analyst in Public Finance for the Congressional Research Service. Tom earned a BS in Economics and Political Science from the University of South Dakota (1976) and a Masters of Public Policy from the Kennedy School of Government, Harvard University (1978). He is also a Chartered Financial Analyst.
Cynthia Glassman Commissioner Securities and Exchange Commission Cynthia A. Glassman was appointed by President Bush to the U.S. Securities and Exchange Commission and sworn in on January 28, 2002. Prior to being appointed Commissioner, Dr. Glassman spent over 30 years in the public and private sectors focusing on financial services regulatory and public policy issues. She spent the first 12 years of her career at the Federal Reserve, first at the Federal Reserve Bank of Philadelphia and subsequently at the Board of Governors, where her positions included Chief of the Financial Reports Section and Special Assistant to Governor Henry C. Wallich. While at the Board of Governors, Dr. Glassman spent one year on assignment to the U.S. Department of the Treasury as Senior Economist in the Office of Capital Markets Legislation during the Carter Administration. Subsequently, she spent two years at Economists Incorporated, eight years at Furash & Company, where she was the Managing Director for the financial services regulatory and public policy practices, and five years at Ernst & Young, in the Risk Management and Regulatory Practice and the Quantitative Economics and Statistics group. Dr. Glassman taught economics at the University of Cambridge, England, where she remains a Senior Member of Lucy Cavendish College. She has served on the Boards of the Federal Reserve Board Credit Union, the National Economists Club, Women in Housing and Finance, and the Commission on Savings and Investment in America, and was on the Executive Advisory Committee for the Bank Administration Institute's Certified Risk Professional Certification Program. Dr. Glassman received her M.A. and Ph.D. in Economics from the University of Pennsylvania and her B.A. in Economics from Wellesley College.
G. William Hoagland Director of Budget and Appropriations Office of the Majority Leader, U.S. Senate G. William Hoagland reports to Senate Majority Leader Bill Frist, M.D. Mr. Hoagland acts as a liaison to the leadership of the United States Senate and House of Representatives. He assists in evaluating the fiscal impact of major legislation and helps coordinate budget policy for the Senate leadership. Prior to coming to the Senate Majority Leader’s office in January 2003 he spent 20 years with the Senate Budget Committee. On the Budget Committee he served as its staff director reporting to Senator Pete V. Domenici of New Mexico. Hoagland participated in major budget legislation including the 1985 Gramm-Rudman-Hollings Budget Deficit Reduction Act, the 1990 Omnibus Budget Reconciliation Act and the historic 1997 Balanced Budget Agreement. He is versed in macroeconomics, federal budget policy and procedure, agriculture, income security, food and nutrition policy, and researches and writes on the federal budget, income distribution and economic policies. Recent conference papers and publications include: “”Priorities and Budget Challenges in a Nation at War”, American Association for Budget and Program Analysis” May 2002; “Financing the Future: Medicare + Choice in the 21th Century”, AAHP Medicare & Medicaid Conference, September 2002. Some of his international publications include: “National Indebtedness in the U.S.” presented at the International Symposium on National Indebtedness; Berlin, Germany, November 1998; and “Fiscal Policy in U.S. and Japan, Surpluses and Deficits: Real or Different?” Tokyo, Japan, May 1999.
R. Glenn Hubbard Chair Council of Economic Advisors R. Glenn Hubbard is Chair of the Council of Economic Advisors. Before this, he was Russell L. Carson Professor of Economics and Finance, and Co-Director of The Entrepreneurship Program at Columbia University, where he has also served as Senior Vice Dean of the Graduate School of Business. Prior to joining the Columbia faculty in 1988, he taught at Northwestern. He received his Ph.D. in economics from Harvard in 1983. He has also served as a visiting professor at the John F. Kennedy School of Government at Harvard, the Graduate School of Business of the University of Chicago, and the Harvard Business School, and as a John M. Olin Fellow at the National Bureau of Economic Research, where he remains a research associate. From 1991-1993, he was Deputy Assistant Secretary (Tax Analysis) of the U.S. Treasury Department. Hubbard’s research interests span public economics, macroeconomics, corporate finance, and industrial organization. A prolific author, Hubbard has authored a textbook on financial markets and institutions, edited volumes on financial economics and international tax policy, and written more than 90 scholarly articles. In addition to his responsibilities at Columbia, and the National Bureau of Economic Research, Hubbard is the director of the program on tax policy at the American Enterprise Institute in Washington, DC. He is or has been a consultant to the U. S. Department of the Treasury, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, the National Science Foundation, and numerous private corporations. Hubbard, his wife Constance, and their sons Raph and William live in New York.
Nicholas W. Jenny Senior Policy Analyst, Fiscal Studies Program Nelson Rockefeller Institute Nicholas W. Jenny is the Fiscal Studies Program's primary researcher on revenue and tax issues and trends, and is the lead author of most issues of the State Revenue Report, the State Fiscal News, as well as other reports. He conducts research in the area of state fiscal policies, including taxation, revenue, and spending issues. He has a M.A. in Political Science and is a Ph.D. candidate at the Rockefeller College of Public Affairs and Policy. His dissertation is on Congressional oversight and policy control. He has taught in the areas of American federal, state and local politics.
Steven B. Kamin Deputy Associate Director, International Finance Division Federal Reserve Board Steven B. Kamin is an Deputy Associate Director of the International Finance Division of the Federal Reserve Board, where he is responsible for monitoring developments in the U.S. balance of payments. He has also served as a visiting economist at the Bank for International Settlements, a Senior Economist for international financial affairs at the Council of Economic Advisors, and as a consultant for the World Bank. Mr. Kamin received a Ph.D. in economics from MIT in 1987, and has published research on various topics in international and development economics.
Randall S. Kroszner Member Council of Economic Advisers Randall S. Kroszner was confirmed by the United States Senate on November 28, 2001, and was appointed by President George W. Bush on November 30, 2001, as a Member of the Council of Economic Advisers. His responsibilities at the Council include emerging markets, international finance, corporate governance, banking, financial, and insurance regulation, and domestic macroeconomics. Dr. Kroszner is on leave from the University of Chicago's Graduate School of Business where he is Professor of Economics. He is also on leave from his positions as Editor of the Journal of Law & Economics and Associate Director of the George J. Stigler Center for the Study of the Economy and the State. Dr. Kroszner has served as a consultant to the International Monetary Fund, the World Bank, the Inter-American Development Bank, the Swedish Finance Ministry, the Federal Reserve Banks of Chicago, Kansas City, Minneapolis, New York, and St. Louis, the Board of Governors of the Federal Reserve System, Deutsche Bank, Lexecon Inc., and G. T. Management (Asia). Dr. Kroszner has been a Visiting Professor at the Stockholm School of Economics, the Institute for International Economic Studies at the University of Stockholm, and the Free University of Berlin. During 1999-2000, he was the John M. Olin Fellow in Law and Economics at the University of Chicago Law School. He is a Faculty Research Fellow of the National Bureau of Economic Research. He is on leave from his position as an Associate Editor of the Economics of Governance, Journal of Economics and Business, and the Journal of Financial Services Research. His research interests include the economics and politics of international and domestic banking and financial regulation, corporate governance, debt restructuring, monetary economics, and antitrust. In the Graduate School of Business, he has taught classes on Money and Banking and International Financial Institutions and Markets. In the Law School, he has taught the Political Economy of the Regulation of Financial Institutions. His paper on the “Changes in Managerial Ownership since the Great Depression” won the Brattle Prize for best paper in corporate finance published in the Journal of Finance in 1999. His more than 50 articles have appeared in scholarly journals, including the American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Journal of Finance, and Journal of Financial Economics, in policy journals, including The Public Interest and Regulation, and in many books, including The New Palgrave Dictionary of Money and Finance. He has co-authored Explorations in the New Monetary Economics (Blackwell, 1994) and co-edited The Economic Nature of the Firm: A Reader (Cambridge University Press, 1996). His work on financial regulation and financial crises has been featured in articles in The Economist, Business Week, Forbes, The Financial Times, and New York Times. Dr. Kroszner has testified before the U.S. Congress on issues ranging from the expansion of bank powers and bank mergers to improvements in government statistics. He has been quoted widely in the trade and popular press and has participated in numerous radio and television programs. Dr. Kroszner received his Ph.D. from the economics department of Harvard University in 1990 and graduated magna cum laude from Brown University in 1984.
Robert E. Litan Vice President and Director, Economic Studies The Cabot Family Chair, The Brookings Institution Expertise Antitrust, banking, financial institutions, Internet policy, trade policy Robert E. Litan Education Ph.D. (1987), J.D. (1977), M.Phil. (1976), Yale University; B.S., Wharton School of Finance, University of Pennsylvania, 1972 Background Previous Positions: Associate Director, Office of Management and Budget (1995-96); Deputy Assistant Attorney General, Antitrust Division, U.S. Department of Justice (1993-95); Partner, Powell, Goldstein, Frazer & Murphy; Visiting Lecturer in Banking Law, Yale Law School; Staff Member, President's Council of Economic Advisers (1977-79); Member, Presidential-Congressional Commission on the Causes of the Savings and Loan Crisis; Consultant, U.S. Treasury Department
Tim O’Neill Executive Vice-President and Chief Economist Bank of Montreal Group of Companies NABE Vice President Dr. O'Neill was appointed to his current position in October 1994. He joined the Bank of Montreal in 1993 as Senior Vice President and Deputy Chief Economist. Prior to joining the Bank he held the position of President of the Atlantic Provinces Economic Council from 1988 to 1993. For 12 years before that he taught in the Department of Economics at St. Mary's University in Halifax. He served as a consultant to several provincial governments, as well as to the Canadian federal government. Dr. O'Neill is a native of Sydney, Nova Scotia. He received his B.A. degree (with Honours) at St. Francis Xavier University, his M.A. at the University of British Columbia, and his Ph.D. at Duke University, North Carolina. His academic awards include the Mackenzie King Scholarship and the Donner Fellowship. In his teaching, research and consulting activities, Dr. O'Neill focused extensively on the structure and performance of the North American economy. Areas covered in his publications and public presentations have ranged from macroeconomic forecasts and assessment of key sectors of the economy, to examination of broader themes such as the employment effects of technological change, and the economic impact of illiteracy. Dr. O'Neill is currently a Director of the Canadian Foundation for Economic Education and the ABC CANADA Literacy Foundation and is a member of the National Statistics Council. Dr. O’Neill is the first Canadian, non-U.S. based economist to be elected to the Board of Governors of the Washington-based National Association for Business Economists (NABE).
Rudolph Penner Senior Fellow The Urban Institute Rudolph G. Penner is a senior fellow at the Urban Institute and holds the Arjay and Frances Miller Chair in Public Policy. Previously, he was a managing director of the Barents Group, a KPMG Company. He was director of the Congressional Budget Office from 1983 to 1987. From 1977 to 1983, he was a resident scholar at the American Enterprise Institute. Previous posts in government include assistant director for economic policy at the Office of Management and Budget, deputy assistant secretary for economic affairs at the Department of Housing and Urban Development, and senior staff economist at the Council of Economic Advisors. Before 1975, Dr. Penner was a professor of economics at the University of Rochester. He is past president of the National Economists Club and, in 1989, he was elected to the Board of Directors of NABE and also received the Abramson Prize for the best article published in 1988-89 in Business Economics. His most recent publications include: * Updating America's Social Contract, co-authored with Isabel Sawhill and Timothy Taylor, New York: W.W. Norton and Co., 2000. * Errors in Budget Forecasting, Washington, DC: Urban Institute, April 2001. * Repairing the Congressional Budget Process, Washington, DC: Urban Institute, May 2002. * Women and Individual Accounts, with Elizabeth Cove, in Social Security and the Family, edited by Melissa Favreault, Frank Sammartino, and C. Eugene Steuerle, Washington, DC: Urban Institute, 2002. Ph.D, Economics, Johns Hopkins University 1992-1997: Managing Director, Barents Group, LLC 1987-1992: Senior Fellow, Urban Institute 1983-1987: Director, Congressional Budget Office, Washington, D.C.
John Peterson Unit Chief, Macroeconomic Projections, Macroeconomic Analysis Division Congressional Budget Office John Peterson is responsible for the CBO's semi-annual macroeconomic forecasts: Responsible for the development of the forecasts, tracking macroeconomic developments, research on forecasting procedures, the Economic Outlook chapter of the semi-annual reports and the Analysis of the President’s Budget, testimony and inquiries related to the forecast. He also handles macroeconomic data quality questions. He is also responsible for some of the model simulation work of the effect of government policy on the economy. He has been involved in macro forecasting since 1979. At the D.C. office of Wharton Econometrics he worked on the analysis of various fiscal and monetary policies, particularly tax policies intended to spur saving and investment and policies to curtail inflation, as well as the analysis of agricultural policies and various energy scenarios. He has been in the Macroeconomic Division of CBO for seventeen years, first doing the high frequency, current quarter analysis, later broader forecast issues. Has been involved in data issues as part of that work-–has prepared or contributed to testimony on a number on data collection issues that CBO has highlighted for Congress, and has worked with BLS on price measures and with the BEA in a number of areas. He has a BS from Rensselaer Polytechnic Institute, 1969. He received his PhD. from The American University in 1984.
John Plender Senior Editorial Writer and Commentator The Financial Times John Plender has been a senior editorial writer and commentator at the FT since 1981, an assignment he combines with publishing and current affairs broadcasting for the BBC and Channel 4. He has a weekly column on economics and business, which appears on Mondays and also writes on alternate Fridays for the opinion page. After taking his degree at Oxford University, John Plender joined Deloitte & Co in the City of London in 1967, qualifying as a chartered accountant in 1970. He then moved into journalism and became financial editor of the Economist in 1974, where he remained until taking up a governmental appointment as an adviser in the Foreign Office policy planning staff in 1980. John Plender received the Wincott Award, Britain's premier prize for financial journalism, in 1994. His books include That's the Way the Money Goes (Andre Deutsch, 1981), The Square Mile (with Paul Wallace; Hutchinson, 1985), A Stake in the Future (Nicholas Brealey Publishing, 1987) and Going off the Rails (John Wiley & Sons, 2003)
Uwe E. Reinhardt James Madison Professor of Political Economy; Professor of Economics and Public Affairs Woodrow Wilson School, Princeton University Recognized as one of the nation’s leading authorities on health care economics, Reinhardt has been a member of the Institute of Medicine of the National Academy of Sciences since 1978. He is a past president of the Association of Health Services Research. From 1986 to 1995 he served as a commissioner on the Physician Payment Review Committee, established in 1986 by Congress to advise it on issues related to the payment of physicians. He is a senior associate of the Judge Institute for Management of Cambridge University, UK, and a trustee of Duke University, and the Duke University Health System. Reinhardt is or was a member of numerous editorial boards, among them the Journal of Health Economics, the Milbank Memorial Quarterly, Health Affairs, the New England Journal of Medicine, and the Journal of the American Medical Association. Ph.D. Yale University.
Robert D. Reischauer President The Urban Institute Robert D. Reischauer is the President of the Urban Institute, a nonprofit, non-partisan policy research and education organization that examines the social, economic and governance problems facing the nation. He served as the director of the Congressional Budget Office (CBO) between 1989 and 1995 and was CBO’?s Assistant Director for Human Resources and Deputy Director of CBO during the 1977 to 1981 period. Mr. Reischauer has been a Senior Fellow in the Economic Studies Program of the Brookings Institution (1986-89 and 1995-2000) and the Senior Vice President of the Urban Institute (1981-86). Mr. Reischauer is an economist with an undergraduate degree from Harvard and a Ph.D. in Economics and Masters in International Affairs from Columbia University. He has written and lectured extensively on a wide range of topics including federal budget policy, health reform, social welfare issues, and the Medicare and Medicaid programs. He frequently contributes to the opinion pages of the nation’s major newspapers, comments on public policy developments on radio and TV, and testifies before congressional committees. Mr. Reischauer is a member of the Harvard Corporation and serves on the boards of several educational and nonprofit organizations. He is on the editorial board of Health Affairs, Vice Chair of the Medicare Payment Advisory Commission, and Chair of the National Academy of Social Insurance’s project, “Restructuring Medicare for the Long Term.” He frequently contributes to the opinion pages of the nation's major newspapers, comments on public policy developments on radio and television, and testifies before congressional committees. Mr. Reischauer holds an A.B. in political science from Harvard University and an M.I.A. and Ph.D. in economics from Columbia University.
Greg Scandlen Director, Center for Consumer Driven Health Care Galen Institute Greg Scandlen is the director of the new Center for Consumer Driven Health Care at the Galen Institute, a non-profit, non-partisan research organization in Alexandria, Virginia. Prior to joining Galen, Mr. Scandlen was a senior fellow in health policy at the National Center for Policy Analysis, the president of the Health Benefits Group and the founder and executive director of the Council for Affordable Health Insurance. He also spent 12 years in the Blue Cross Blue Shield system, most recently as the director of state research at the national association. Mr. Scandlen is an accomplished writer, researcher, and public speaker. He is considered one of the nation’s experts on health care financing, insurance regulation and employee benefits. He has appeared on such television shows as the O’Reilly Factor, NBC Nightly News, and CNN, and gives three dozen speeches a year to organizations as varied as the AMA House of Delegates and the South Carolina Association of Health Underwriters. He has particular expertise in issues such as medical savings accounts, employee benefits, health care tax policy, the uninsured, the individual and small group insurance markets, and public programs like Medicare, Medicaid, and SCHIP.
Gary S. Schieneman Board Member Financial Accounting Standards Board Gary S. Schieneman was appointed to the Financial Accounting Standards Board (FASB), effective July 1, 2001. Prior to joining the FASB, Mr. Schieneman served as Director, Comparative Global Equity Analysis, of Merrill Lynch where he was responsible for global accounting research and related issues affecting cross-border investments. Previous to his position at Merrill Lynch, Gary was Director of Latin American Research at Smith New Court, where he also was the firm’s Latin American Strategist. Before joining Smith New Court, he was Vice President, International Equity Research at Prudential-Bache Securities. Mr. Schieneman began his career as an auditor at Price Waterhouse in New York and, subsequently was based in Paris. He later worked for Mobil Europe based in London. Following that post, he joined Arthur Young & Co. in New York as Partner in its International Service Office. Among his other activities, Mr. Schieneman has been a Professor of Accounting at Columbia Graduate School of Business Administration and New York University. He is a member of the American Institute of Certified Public Accountants (AICPA), the New York Society of Security Analysts and the Association for Investment Management and Research (AIMR). Mr. Schieneman received a bachelor’s degree in accounting from the University of Illinois and earned a master’s in business administration from New York University.
Richard G. Sims Director of Tax Policy Institute on Taxation and Economic Policy Dr. Richard Sims was appointed Director of Tax Policy for the Institute on Taxation and Economic Policy in August of 2001. His previous position was Director of Applied Economic Research at the Carl Vinson Institute of Government at the University of Georgia. Richard had earlier served as Chief Economist & Director of Economic Policy for the Arkansas General Assembly and before that as Chief Economist & Director of the Office of Economic Analysis for the Kentucky General Assembly. He served two years as Senior Advisor to the Parliament of the Republic of Moldova where he guided the creation of the parliamentary Center for Budgetary and Financial Analysis. Dr. Sims has authored over sixty publications on topics including state & local taxation, economic development incentives, the economics of the Georgia lottery and HOPE scholarship, casino gaming, financing of transportation infrastructure, regional economic development, the economics of education and barriers to investment in developing economies. He has been active in the leadership of several professional organizations including serving on the Executive Committee of the National Council of State Legislatures (NCSL), as chairman of the Economic Development Committee of the NCSL, the Fulbright Fellowship Program, and as President of the Kentucky Economic Association. Dr. Sims has a Ph.D. in Applied Economics from the University of Kentucky and has taught graduate courses at the University of Kentucky, the University of Arkansas at Little Rock, the University of Georgia and at the University of Moldova.
John Snow Secretary Department of the Treasury President George W. Bush nominated John William Snow to be the 73rd Secretary of the Treasury on January 13, 2003. The United States Senate unanimously confirmed Snow to the position on January 30, 2003 and he was sworn into office on February 3, 2003. As Secretary of the Treasury, Snow works closely with President Bush to strengthen economic growth and create jobs. Snow was Chairman and Chief Executive Officer of CSX Corporation, where he successfully guided the transportation company though a period of tremendous change. During Snow’s twenty years at CSX, he led the Corporation to refocus on its core railroad business, dramatically reduce injuries and train accidents, and improve its financial performance. Snow’s previous public service includes having served at the Department of Transportation as Administrator of the National Highway Traffic Safety Administration, Deputy Undersecretary, Assistant Secretary for the Governmental Affairs, and Deputy Assistant Secretary for Policy, Plans and International Affairs. Snow’s knowledge of international industry stems from his tenure as Chairman of the Business Roundtable, the foremost business policy group comprised of 250 chief executive officers of the nation's largest companies. During his tenure as Chairman from 1994 through 1996, he played a major role in supporting passage of the North American Free Trade Agreement. Snow is also recognized as a leading champion of improved corporate governance practices. He is a former co-chairman of the influential Conference Board's Blue-Ribbon Commission on Public Trust and Private Enterprise. He also served as co-chairman of the National Commission on Financial Institution Reform, Recovery and Enforcement in 1992 that made recommendations following the savings and loan crisis. John Snow was born in Toledo, Ohio, on August 2, 1939, and graduated in 1962 from the University of Toledo. He later earned a Ph.D. in economics from the University of Virginia where he studied under two Nobel Prize winners. Snow graduated with a law degree from the George Washington University in 1967 and then taught economics at the University of Maryland, University of Virginia, as well as law at George Washington. He also served as a Visiting Fellow at the American Enterprise Institute in 1977 and a Distinguished Fellow at the Yale School of Management from 1978 until 1980. Snow lives in Richmond, Virginia with his wife Carolyn. He has three children and three grandchildren.
William J. Stromberg, CFA Vice President and Director of Equity Research T. Rowe Price Associates Bill Stromberg is a Vice President of T. Rowe Price Associates, Inc., the Director of Equity Research and a member of the Equity Steering Committee. He is also President and Chairman of the Investment Advisory Committee for the Capital Opportunity Fund. In addition, Bill is a Vice President and Investment Advisory Committee Member of the Dividend Growth Fund, Equity Income Fund, Financial Services Fund, Real Estate Fund and Tax-Efficient Growth Fund. He is also a Vice President of Tax-Efficient Balanced Fund and Tax-Efficient Multi-Cap Fund. As an Analyst, Bill concentrated on the Industrial Manufacturing, Automotive, Railroad, and Environmental Services industries. Prior to joining the firm in 1987, he was employed as a Systems Engineer for the Westinghouse Defense and Electronics Center. Bill earned a B.A. from Johns Hopkins University and an M.B.A. from The Amos Tuck School, Dartmouth College.
Clayton Yeutter Of Counsel Hogan & Hartson Ambassador Clayton Yeutter is Of Counsel to Hogan & Hartson, practicing in the international trade and food and agriculture areas. He came to the firm in 1993, after having served in cabinet and sub-cabinet posts under four U.S. Presidents. Ambassador Yeutter served as U.S. Trade Representative from 1985-88, and while there led the American team in negotiating the historic U.S.-Canada Free Trade Agreement, the precursor to NAFTA. He also helped launch the most ambitious trade negotiation in history, the 100-nation Uruguay Round, which culminated in the creation of the World Trade Organization. While USTR, Ambassador Yeutter broadened the U.S. trade agenda to encompass for the first time serious global negotiations in services, intellectual property, and agriculture. In 1989, Ambassador Yeutter was named Secretary of Agriculture. In that post he steered the 1990 Farm Bill through Congress, laying the groundwork for a far more market-oriented policy structure in American agriculture. In 1991, he was elected Republican National Chairman, and a year later President Bush persuaded him to return to the administration in a Cabinet-level post as Counselor to the President. From 1978-85 Ambassador Yeutter served as President and Chief Executive Officer of the Chicago Mercantile Exchange. His tenure there was marked by innovation and growth which contributed to the "Merc’s" evolution into one of the largest financial institutions in the world. Earlier in his career, Ambassador Yeutter held two Assistant Secretary of Agriculture posts under President Nixon and then served as Deputy Special Trade Representative under President Ford. He had previously been the director of one of the world’s largest agriculture technical assistance programs in Colombia, South America, after having served as Chief of Staff to the Governor of Nebraska. Ambassador Yeutter earned his J.D. and a Ph.D. in agricultural economics from the University of Nebraska, both with highest academic honors, while simultaneously managing the central Nebraska farm which he still owns. He presently serves as a director of several major corporations, all of which are deeply involved in international commerce or international finance.