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The 2001 Washington Economic Policy Conference
Policy Challenges Facing the New Administration and Congress

Speakers Page

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Barry Anderson
Deputy Director
Congressional Budget Office

Barry B. Anderson has had a lengthy career in the federal government. From 1988 to 1998, he was the senior career official at the Office of Management and Budget (OMB), where he directed the analysis behind and the production of the President's budget proposals. From 1980 to 1988, he held various management and analytic positions at OMB, and from 1972 to 1980, he was an economist with the General Accounting Office. Before his appointment as Deputy Director of CBO in February 1999, he was a vice president with the Jefferson Consulting Group.



David W Berson
Chief Economist
Fannie Mae

David W. Berson is Fannie Mae's vice president and chief economist. In this capacity, he is responsible for forecasting and analyzing the economy, interest rates, and the housing and mortgage finance markets, as well as advising Fannie Mae's Chairman and Operating Committee on economic, tax, and housing policy issues. As a principal member of the Corporate Development Division, he is responsible for generating new strategic business ideas for Fannie Mae, as well as working with the operating units to ensure successful development of these new business opportunities, and is a senior participant in the company's strategic planning process.

Dr. Berson is the past president of the National Association of Business Economists (NABE), served on NABE's Board of Directors, and recently was on the Board of Governors of the National Economists Club. He is a member of the advisory board for the School of Public Policy at the University of Michigan. He is also on the Board of Directors of Crossway Community, a transitional housing project for homeless single-parent families in Montgomery County, Maryland. In addition, he is a member of the town council for Columbia, Maryland. Dr. Berson is a frequent speaker on national and state economic outlooks, housing and mortgage market conditions, and economic and housing policy to the media and to business and housing groups.

Prior to joining Fannie Mae, Dr. Berson was Senior Economist at the U.S. League of Savings Institutions, Chief Financial Economist at Wharton Econometrics, Visiting Scholar at the Federal Reserve Bank of Kansas City, and Assistant Professor of Economics at Claremont McKenna College and Claremont Graduate School. His government experience has included Staff Economist on the Council of Economic Advisers, as well as positions in the Office of Tax Analysis at the Treasury Department and in the Office of the Special Trade Representative.

He has both a Ph.D. in economics and an M.P.P. degree in public policy from the University of Michigan, and a B.A. in history and economics from Williams College.


 


Nancy A. Bord, Ph.D.,
LECG

 

 

Honorable John Breaux
United States Senate
Louisiana (D)

Senator John Breaux, a leader in national politics, serves as an effective and aggressive advocate for the state of Louisiana. Born in Crowley, Louisiana, Senator Breaux was elected to the House of Representatives in 1972 at the age of 28. At the time of his election, he was the youngest member in the U.S. Congress. Senator Breaux represented the 7th District of Louisiana for 14 years before being elected to fill Senator Russell Long's seat in 1986.

In 1998, Senator Breaux was overwhelmingly re-elected to a third term in the U.S. Senate, maintaining his title as Louisiana's senior senator and receiving an endorsement from every major newspaper in the state. Louisiana's largest newspaper, (New Orleans) Times Picayune, called Senator Breaux "a mainstream Southern Democrat who has the skill to fashion legislative coalitions that draw extremes toward a bipartisan middle."

Senator Breaux is widely recognized as a leader in the Senate. In 1993, his Democratic colleagues elected him to serve as Chief Deputy Whip, a position he has held for three congressional terms and will continue to hold through the 107th Congress.

A senior member of the Finance Committee, Senator Breaux serves as the ranking Democrat of the Subcommittee on Social Security and Family Policy. He serves on two other Finance subcommittees: Health Care, and Taxation and IRS Oversight.


 


Thomas E. Capps
Chairman of the Board, President and Chief Executive Officer
Dominion Resources, Inc.

Thomas E. Capps, chairman of the board, president and chief executive officer of Dominion Resources, Inc. (DRI), joined the company in 1984. A native of Wilmington, N.C., Capps earned his undergraduate and law degrees from the University of North Carolina.

After practicing law in Winston-Salem, N.C., Capps joined Carolina Power & Light Co. in 1970 as senior counsel; in 1974 he joined Boston Edison Co. as vice president and general counsel. In 1975 Capps joined the Miami law firm of Steel Hector and Davis as a partner. He also served as chairman of the executive committee for the 100-member firm.

Capps joined DRI’s principal subsidiary, Virginia Power, as executive vice president in 1984 and assumed the position of president of Dominion Resources in November 1986. In March 1989 he was elected chief operating officer. In May 1990, he was elected chief executive officer and on December 31, 1992, he was elected chairman of the board, president and chief executive officer.

Capps is a member of the board of directors of Bassett Furniture Industries, Inc. He is a member of the board of trustees of Virginia Union University and the Virginia Foundation for Independent Colleges. Capps is a member of St. Stephen’s Episcopal Church.

Capps is married to the former Sandra Lee Hurley of Denver, Colo. They have four daughters and live in Richmond.

 


Honorable Peter Domenici
United States Senate
New Mexico (R)

  • Born May 7, 1932 in Albuquerque, New Mexico
  • One of five children, and only son, of Italian immigrants
  • Worked in father’s wholesale grocery business
  • Graduated 1950 from St. Mary’s High School, Albuquerque
  • Earned education degree, University of New Mexico, 1954
  • Pitched for Albuquerque Dukes — a farm club for the old Brooklyn Dodgers, 1954
  • Left baseball to become math teacher at Garfield Junior High in Albuquerque, 1955
  • Earned law degree, University of Denver, 1958
  • Returned to Albuquerque, entered private practice, 1958
  • Married the former Nancy Burk, 1958
  • Domenici’s have eight children - two sons and six daughters


Political Experience

  • Domenici elected to Albuquerque City Commission, 1966
  • Elected Commission Chairman (equivalent then to Mayor), 1967
  • First Republican in 38 years in New Mexico to be elected to U.S. Senate, 1972
  • With re-election in 1996, Domenici became the first New Mexican elected to serve five full six-year terms in the Senate.

Bert Ely
President
Ely & Co.


Bert Ely has specialized in deposit insurance and banking structure issues since 1981. As the S&L situation worsened, he became in 1986 one of the first persons to publicly predict a taxpayer bailout of the FSLIC. In 1991, he was the first person to correctly predict the non-crisis in commercial banking; in 1992, he predicted the forthcoming taxpayer bailout of the Japanese banking system. On an ongoing basis, he monitors conditions in the banking and thrift industries, the growing politicization of the credit allocation process, and issues involving monetary policy and the payments system. He has helped to draft legislation to enact the cross-guarantee concept for privatizing banking regulation and its attendant deposit insurance and systemic risks. He also
consults on current legislative and regulatory trends in Washington, deposit insurance issues, structural changes in the financial services industry, and the role that electronic technology has played in fostering "regulatory arbitrage" within the financial system.

He has testified before numerous congressional committees on banking issues and is often quoted in many publications, including The New York Times, The Wall Street Journal, American Banker, and Business Week. He appears on television regularly and speaks frequently about deposit insurance and other banking issues, the Washington scene as it affects banking, monetary policy, and trends in financial services. He also serves as an expert witness in lawsuits involving deposit insurance and regulatory negligence issues and has published numerous articles and papers on a broad range of financial services topics.

Bert Ely was a financial consultant to a broad range of manufacturing, distribution, and service businesses from 1972 to the mid-1980s. As a specialist in corporate insolvency matters, he served as a Chapter 11 bankruptcy trustee and bankruptcy examiner. He also participated in
numerous corporate turnarounds and loan restructurings. Thus, he brings to the deposit insurance issue a broad business background and hands-on experience with insolvency matters.

Prior to 1972, Bert Ely served as chief financial officer of a public company, as a management consultant with Touche, Ross & Co., and as an auditor with Ernst & Ernst. Bert Ely received his MBA from the Harvard Business School in 1968 and his BBA in economics and accounting from Case Western Reserve University in 1964.

 


Alan Greenspan
Chairman
Board of Governors of the Federal Reserve System

Dr. Greenspan took office June 20, 2000, as Chairman of the Board of Governors of the Federal Reserve System for a fourth four-year term ending June 20, 2004. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. He originally took office as Chairman and to fill an unexpired term as a member of the Board on August 11, 1987. Dr. Greenspan was reappointed to the Board to a full 14-year term which began February 1, 1992. He has been designated Chairman by Presidents Reagan, Bush, and Clinton.

Dr. Greenspan was born on March 6, 1926, in New York City. He received a B.S. in economics (summa cum laude) in 1948, an M.A. in economics in 1950, and a Ph.D. in economics in 1977, all from New York University. Dr. Greenspan also has performed advanced graduate study at Columbia University.

From 1954 to 1974 and from 1977 to 1987 Dr. Greenspan was Chairman and President of Townsend-Greenspan & Co., Inc., an economic consulting firm in New York City. From 1974 to 1977 he served as Chairman of the President's Council of Economic Advisers under President Ford and from 1981 to 1983 as Chairman of the National Commission on Social Security Reform.

Dr. Greenspan has also served as a member of President Reagan's Economic Policy Advisory Board, a member of Time magazine's Board of Economists, a senior adviser to the Brookings Panel on Economic Activity, and a consultant to the Congressional Budget Office.

His previous Presidential appointments include the President's Foreign Intelligence Advisory Board, the Commission on Financial Structure and Regulation, the Commission on an All-Volunteer Armed Force, and the Task Force on Economic Growth.

Dr. Greenspan in recent years served as a Corporate Director for Aluminum Company of America (Alcoa); Automatic Data Processing, Inc.; Capital Cities/ABC, Inc.; General Foods, Inc.; J.P. Morgan & Co., Inc.; Morgan Guaranty Trust Company of New York; Mobil Corporation; and The Pittston Company.

His noncorporate positions have included Member of the Board of Trustees, The Rand Corporation; Director, Institute for International Economics; Member of the Board of Overseers, Hoover Institution (at Stanford University); and Vice Chairman and Trustee, Economic Club of New York.

Dr. Greenspan has served as Chairman of the Conference of Business Economists, President and Fellow of the National Association of Business Economists, and Director of the National Economists Club.

Dr. Greenspan has received honorary degrees from Harvard, Yale, Pennsylvania, Leuven (Belgium), Notre Dame, Wake Forest, and Colgate universities. His other awards include the Thomas Jefferson Award for the Greatest Public Service Performed by an elected or appointed official, presented by the American Institute for Public Service, 1976 (Joint recipient with Dr. Arthur Burns and William Simon); election as a Fellow of the American Statistical Association, 1989; and decorated Legion of Honor (Commander) France, 2000.

 

 


Chris Gust
Economist
Federal Reserve Board

Chris Guest joined the Division of International Finance of Federal Reserve Board in 1998. He holds a PhD in Economics, from Northwestern University, 1999.

 

Sara L Johnson
North American Research Director and Chief Regional Economist
Standard & Poor's DRI

Sara Johnson is North American Research Director and Chief Regional Economist with Standard & Poor's DRI, a division of The McGraw-Hill Companies. As Research Director, she is responsible for U.S. and Canadian forecasting services and serves on Standard & Poor's five-member Economic Council. As Chief Regional Economist, she oversees the economic modeling, forecasting, and analyses of states, metropolitan areas, and counties of the United States. She also manages DRI's analytic consulting projects for state and local government clients.

Ms. Johnson holds a B.A. degree in economics and mathematics from Wellesley College and an M.A. in economics from Harvard University with concentrations in finance and macroeconomic theory.

Ms. Johnson joined DRI in 1973 as a research economist in the U.S. Economic Service. After completing doctoral course work in economics at Harvard University in 1977, she became Director of Long-Term Studies and Senior Economist for the U.S. Economic Service. She joined DRI's Regional Economic Service in 1989 and became Chief Regional Economist in 1995 and North American Research Director in 1998.

Ms. Johnson has served on the Boards of Trustees of the Boston 1784 Funds and BayFunds. She is a member of the Boston Economic Club and a past President of the Boston Association of Business Economists, a regional chapter of the National Association for Business Economics. She also serves on the Board of Overseers of Newton-Wellesley Hospital and is Treasurer and Director of The New York Collegium, a Baroque period orchestra and chorus.

Since 1991, Ms. Johnson has served on the Governor's Economic Council, advising two Massachusetts governors on public policy and economic development and chairing the Governor's Task Force on Tax Policy and Capital Formation. Ms. Johnson also has extensive experience in local government, having served on the Board of Selectmen, Board of Library Trustees, Advisory Committee, and Town Meeting in Wellesley, Massachusetts.

 

Bruce Katz
Senior Fellow
The Brookings Institution


Bruce Katz is currently a Senior Fellow at the Brookings Institution and founding Director of its Center on Urban and Metropolitan Policy. Mr. Katz brings to Brookings ten years of policymaking experience, intimate knowledge of the federal legislative and budget process and a strong understanding of the issues facing urban and metropolitan America.
The Brookings Institution Center on Urban and Metropolitan Policy seeks to shape a new generation of urban policies that will help build strong cities and metropolitan regions. In partnership with academics, private and public sector leaders, and locally-elected officials, the Center will inform the national debate on the impact of government policies, private sector actions, and national trends on cities and their metropolitan areas. By connecting expert knowledge and practical experience to the deliberations of state and federal policymakers, the Center aims to help develop integrated approaches and practical solutions to the challenges confronting these communities.

Prior to his appointment at Brookings, Mr. Katz was Chief of Staff to Henry G. Cisneros, former Secretary of the U.S. Department of Housing and Urban Development. From 1993-1996, Mr. Katz served as the Secretary’s principal advisor on policy, budget, and program priorities on a variety of administrative and legislative initiatives, including urban economic development, community reinvestment, public and assisted housing, federal mortgage insurance and fair housing enforcement. He also served as the Department’s chief liaison with the White House, Office of Management and Budget, and other federal agencies, and played a
key role in negotiations with Congress. Mr. Katz also developed solid relationships with constituency groups, mayors and county officials, local practitioners, and the media.

Prior to his appointment at HUD, Mr. Katz was senior counsel and then staff director of the Senate Subcommittee on Housing and Urban Affairs, chaired by Senator Alan Cranston of California. Mr. Katz played a key role in the development and drafting of such major legislation as the Housing and Community Development Act of 1992, the Intermodel Surface Transportation Efficiency Act of 1991, the National Affordable Housing Act of 1990, the HUD Reform Act of 1989, the Housing and Community Development Act of 1987, and the McKinney Homeless Assistance Act of 1987. From 1985-1987, he was an associate specializing in housing and urban development, real estate and litigation at Fried, Frank, Harris, Shriver & Jacobson in Washington, DC.

Bruce Katz is a 1981 Magna Cum Laude and Phi Beta Kappa graduate of Brown University. At Brown, he was a recipient of the Harvey A. Baker Fellowship and attended the London School of Economics from 1979-1980. Mr. Katz graduated from Yale Law School in 1985 where he served as Commentaries Editor for the Yale Law and Policy Review in 1983. He received his juris doctorate in 1985 and was admitted to the New York State Bar in 1986.

Mr. Katz has written op-eds and articles for a wide range of major national and regional newspapers and is a frequent commentator on urban and metropolitan issues. He is the editor of the recent Brookings book, Reflections on Regionalism, and has also contributed to the quarterly Brookings Review, The Atlantic Monthly, Community Works: The Revival of Civil Society in America, edited by E.J. Dionne Jr., and the 1999 volume of Setting National Priorities, edited by Robert Reischauer and Henry Aaron. A native of Brooklyn, New York, Mr. Katz and his wife Catherine Marie-Pierre Raut have two daughters, Lara and Amelia.



Kevin Lynch
Deputy Minister of Finance
Government of Canada

Mr. Kevin Lynch was born in Cape Breton, Nova Scotia. He studied economics at Mount Allison University (BA), received a masters degree in economics from the University of Manchester, and holds a Doctorate in economics from McMaster University.

Mr. Lynch has worked in a number of key economic departments and agencies of the Government of Canada over the last 24 years. In 1976, Mr. Lynch joined the Bank of Canada as a research economist. He moved to the Department of Finance in 1981, where he held a number of senior positions, including Assistant Deputy Minister, International Trade and Finance; Assistant Deputy Minister, Fiscal Policy; and Senior Assistant Deputy Minister of Finance.

In late 1992 Mr. Lynch moved to the Department of Industry as Associate Deputy Minister. He became the Deputy Minister of Industry in October 1995. In this context, he was a director of the Business Development Bank of Canada (1995-2000), the Communications Research Centre (1995-2000); and the Cape Breton Development Corporation (1994-1995); and a former Secretary to the Prime Minister's Advisory Council on Science and Technology (1995-2000).

Mr. Lynch was appointed Deputy Minister of Finance in March 2000. In this capacity, Mr. Lynch is an ex-officio director of the Bank of Canada Board of Directors and the Canada Deposit Insurance Corporation Board of Directors. Mr. Lynch is also a director of the Public Policy Forum of Canada; a member of the Interim Governing Council of the Canadian Institutes of Health Research (CIHR); and, a member of the Leadership Forum of the Conference Board of Canada. He is a former Chair of the Deputy Ministers' Information Management Committee (1999-2000); and a former Chair of Working Party 1 of the Organisation for Economic Co-operation and Development (OECD).



Ken Malloy
Founder and President
Center for the Advancement of Energy Markets

Ken Malloy is founder and President of the Center for the Advancement of Energy Markets. He is nationally recognized as a bold visionary on the energy industry's transition from monopoly regulation to open access markets, having been cited in Business Week, National Review, the Washington Post, and the New York Times. He is an energetic, provocative, and entertaining speaker who has made over 300 presentations in the last decade to every sector of the energy industry.

Ken joined PHB Hagler Bailly from 1996 to 1999 in the Corporate Strategy and Management Group and the Market Analysis Group. Ken specialized in corporate strategies relating to restructuring gas and electric retail markets. Ken was project manager of Project ACCESS, a retail energy competition service that assists companies in understanding how changing policy drivers will transform market structure and corporate opportunities in this future (cited in Business Week, 1/12/98), developed a strategic initiative for consumer education (cited in New York Times, Missouri's Strategy: Defusing Public Anger Before it Explodes, 1/18/99 Energy Supplement 6), and led the expert witness team of the first successful lawsuit on affiliate abuse.

Ken was the U.S. Department of Energy's lead career official on policies relating to competition, regulatory reform, and industry restructuring over the last three Administrations (1987 to 1996). A lawyer by training, he has held positions in the areas of natural gas, electricity and oil policy.

Ken has been called a key architect of the major policy developments resulting in the dramatic restructuring of natural gas markets over the last decade ("Architects of the Revolution," Gas Daily's NG Magazine, Winter 98/99) and was instrumental in repositioning DOE's policies in favor of permitting natural gas to play a more central role in energy, environmental, and economic policy.

  • He organized DOE's five successful conferences on the impact of state regulation on retail markets, jointly sponsored with NARUC.
  • He developed the Clinton Administration's State and Federal natural gas regulatory reform initiatives in the Climate Change Action Plan and the Domestic Natural Gas and Oil Initiative.
  • He authored the natural gas regulatory reform initiatives in the National Energy Strategy (NES) and forged a consensus within the Bush Administration to encourage FERC to implement the NES recommendations through a generic rulemaking that became Order 636.
  • He developed and coordinated the Bush Administration's legislation on wellhead decontrol in 1989 and oil pipeline regulatory reform in EPACT of 1992.

He was Deputy Executive Director and General Counsel of the Illinois Commerce Commission, Director and Assistant Director of the predecessor of FERC's Office of Economic Policy, and staff attorney in FERC's Office of General Counsel. During his FERC tenure, he worked on regulations that encouraged the development of competition in natural gas markets, working extensively on Orders 436 and 451. Prior to FERC, Ken was a law professor at Western New England College School of Law, teaching in the area of federal economic regulation of industry.

Ken graduated with honors from Boston College Law School in 1978, where he was an author and editor of the Boston College Law Review.

 

Michael Mussa
Economic Counsellor and the Director of the Department of Research
International Monetary Fund

Michael Mussa is the Economic Counsellor and the Director of the Department of Research at the International Monetary Fund, a position he has held since September of 1991. In this capacity, he is responsible for advising the Management of the Fund and the Fund's Executive Board on broad issues of economic policy and in providing analysis of ongoing developments in the world economy. In addition, he supervises the activities of the Research Department, including preparation of the World Economic Outlook, the reports on International Capital Markets, and a variety of other materials related to the Fund's economic surveillance activities, as well as a wide ranging program of research on issues of relevance to the Fund.

Before joining the staff of the Fund, Michael Mussa was a long time member of the faculty of the Graduate School of Business of the University of Chicago, starting as an Associate Professor in 1976 and being promoted to the William H. Abbott Professorship of International Business in 1980. From 1971 to 1976, he was on the faculty of the Department of Economics at the University of Rochester. During this period he also served as a visiting faculty member at the Graduate Center of the City University of New York, the London School of Economics, and the Graduate Institute of International Studies in Geneva, Switzerland.

Dr. Mussa's main areas of research are international economics, macroeconomics, monetary economics, and municipal finance. He has published widely in these fields in professional journals and research volumes. He is a Research Fellow of the National Bureau of Economic Research. In 1981, the University of Geneva awarded Dr. Mussa the Prix Mondial Nessim Habif for his research in international economics. In 1987, Dr. Mussa was elected a Fellow of the Econometric Society. By appointment of President Ronald Reagan, Dr. Mussa served as a Member of the U.S. Council of Economic Advisers from August of 1986 to September of 1988.

 




Honorable Paul H. O'Neil
Secretary
Department of the Treasury

Paul H. O'Neill was nominated by then President-Elect George W. Bush on December 20, 2000, to be the 72nd Secretary of the Treasury. His confirmation hearing was held on January 17, 2001, Mr. O'Neill received Senate confirmation and was sworn in on January 20, 2001.
O'Neill's unique experience transforming an old economy firm into a new economy success has been chronicled as a study by the Harvard Business School, and studied in business schools across the nation. O'Neill has gained valuable insights into international finance and the global economy as head of a major corporation with 140, 000 employees spread across 36 nations. O'Neill's mastery of federal budget details and process stems from his tenure at the U.S. Office of Management and Budget.

Mr. O'Neill served as Chairman and CEO of Alcoa from 1987 until 1999. He retired as chairman at the end of 2000. In 1977, O'Neill joined International Paper Company as Vice President for Planning, aserving in that capacity until 1985.

Between 1967 and 1977, O'Neill served at the U.S. Office of Management and Budget (OMB). He joined OMB in 1967, and was deputy director of OMB from 1974 to 1977. He began his public service as a computer systems analyst with the US Veterans Administration, where he served from 1961 to 1966.

Secretary O'Neill also served as Director of the American Enterprise Institute, served on the Boards of Directors of Eastman Kodak Company, Lucent Technologies, and the Rand Corporation.

He obtained his Bachelor's Degree in Economic from Fresno State College in California and his Master's Degree in Public Administration from Indiana University. He and his wife, Nancy, have three daughters, one son and twelve grandchildren. Mr. O'Neill was born in St. Louis, Missouri, on December 4, 1935.




Norman Ornstein
Resident Scholar
American Enterprise Institute

Norman J. Ornstein is a Resident Scholar at the American Enterprise Institute for Public Policy Research. He also serves as an election analyst for CBS News. In addition, Ornstein writes regularly for USA Today as a member of its Board of Contributors and writes a column called "Congress Inside Out" for Roll Call newspaper. In 1997-98, he was co-chair, with Leslie Moonves, President of CBS Television, of the President’s Advisory Committee on the Public Interest Obligations of Digital Television Broadcasters. He is currently leading a coalition of scholars and others in a major effort to reform the campaign financing system. He is also co-directing a multi-year effort, called the Transition to Governing Project, to create a better climate for governing in the era of the permanent campaign. He is a member of the Board of Directors of the Public Broadcasting System (PBS) and of the Board of Trustees of the U.S. Capitol Historical Society.

Ornstein has worked with Al Franken as a commentator and pollster for the Comedy Central Television Network's political coverage, and is a senior advisor to the Times Mirror Center (now the Pew Research Center) for the People and the Press. His frequent appearances on television include Larry King Live, Nightline, Today , Face the Nation, and The NewsHour with Jim Lehrer, where he has had a twenty year relationship as consultant and contributor. He served on the board of the National Commission on Public Service (the Volcker Commission) and as co-director of the Renewing Congress Project, a major, comprehensive examination of Congress that played a major role in the reforms of the past three Congresses.

Ornstein, a Ph.D. from the University of Michigan, writes frequently for the New York Times, Washington Post, and other major newspapers and magazines. His books include Lessons and Legacies: Farewell Addresses From the U.S. Senate; Debt and Taxes: How America Got Into Its Budget Mess, and How We Can Get Out of It, with John H. Makin; Intensive Care: How Congress Shapes Health Policy and The Permanent Campaign and Its Future, both with Thomas E. Mann. Ornstein has been profiled by the New York Times, Washington Journalism Review, The Associated Press, and NBC Nightly News, among others; The Columbia Journalism Review referred to him as "the nation's hottest pundit," and National Journal called him "an icon of the press." He has won the National Capitol Area Political Science Association’s Pi Sigma Alpha Award and was co-winner (with Tom Mann) of the Policy Studies Organization’s Hubert H. Humphrey Award, both for distinguished public service by a political scientist.



H. Edwin Overcast, Ph.D.
Vice President
R.J. Rudden and Associates

Dr. H. Edwin Overcast has more than 20 years of strategic planning, economic analysis, regulatory, and management experience in both the electric utility and natural gas industries. Former employers include TVA and Northeast Utilities. Dr. Overcast has testified on issues relating to market power for both electric and gas utilities. He has identified the types of services that are subject to competitive forces and therefore should be market priced. In addition, his prior experience includes testimony on transmission pricing issues and the impact of power pool operations on both marginal and embedded costs. This testimony has been before state utility commissions, state legislative committees, the Federal Energy Regulatory Commission, and a U.S. Congressional subcommittee on a variety of regulatory, rate and unbundling issues.

Before joining R.J. Rudden Associates, Inc., Dr. Overcast was Vice President for Strategy, Planning and Business Development for AGL Resources, Inc. He is credited with the development of the unbundling model used by the Georgia legislature to implement unbundling for Atlanta Gas Light Company. That legislation has led to the most successful opening of a utility market in the United States to date. Under that legislation, the Company was required to file a rate case to implement unbundling. Dr. Overcast oversaw the preparation and filing of that case. This case included all of the elements of rate design and cost unbundling, as well as addressing a variety of operating and competitive issues. In preparation for opening the market, Dr. Overcast was instrumental in the effort to form a holding company to permit Atlanta Gas Light Company the flexibility required to form competitive business units. Throughout the unbundling effort, he has participated in the formation and acquisition of business units that were designed to be part of the AGL Resources, Inc. family in the newly deregulated retail gas market.

Dr. Overcast has served the utility industry as a member of the EEI Rate Committee, the AEIC Load Research Committee, the A.G.A. Rate Committee, the A.G.A. Strategic Planning Committee, and other industry-related committees. He has served as an instructor in seminars sponsored by EEI, AEIC, SGA, and A.G.A. He has also been a frequent speaker at industry symposia and meetings including EEI, NARUC, A.G.A., and SGA. He has spoken to audiences in the U.S., Canada and China on various rate, regulatory, economic and strategic issues.

Dr. Overcast earned a Ph.D. in economics from Virginia Polytechnic Institute and State University. He is a member of the International Association for Energy Economics and the National Association for Business Economics.

 


Rudolph G. Penner
Arjay and Frances Miller Chair in Public Policy
The Urban Institute

He directed the United States Congressional Budget Office from 1983 to 1987, and has had a distinguished career as a senior government official at the Council of Economic Advisors and the United States Department of Housing and Urban Development. He has also served as Chief Economist of the Office of Management and Budget and has taught at several universities, including the University of Rochester and Princeton University.

Dr. Penner, former managing director of the Barents Group, LLC, has advised senior government officials in the United States and many other countries on fiscal policy. Dr. Penner previously directed fiscal research programs at the Urban Institute and at the American Enterprise Institute.


 


Honorable Earl Pomeroy
US House of Representatives
North Dakota (D)

Describing Congressman Earl Pomeroy's work in the U.S. House of Representatives, The Bismarck Tribune said he has "delivered for North Dakota time and again." Pomeroy is a member of the House Agriculture and International Relations Committees and co-chair of the House Democrats' Task Force on Social Security. Now in his fourth term representing North Dakota, Pomeroy has distinguished himself in Congress as a substantive leader with common-sense solutions for the everyday problems families face.

As a member of the House Agriculture Committee since he was elected to Congress in 1992, Earl Pomeroy continues to be a strong voice for family farmers and ranchers. Using his background as State Insurance Commissioner and his seat on the House Agriculture Risk Management, Specialty Crops, and Research Subcommittee, Pomeroy will lead the charge in the 106th Congress to improve the federal crop insurance program so farmers can adequately cover their production costs. He has sponsored several bills to provide farmers with a safety net when prices collapse, and he will continue to demand an end to unfair trading practices that have further depressed agricultural commodity prices.

During the disastrous 1997 flood, Pomeroy was in the city of Grand Forks when the dikes broke, forcing the community's 50,000 residents to evacuate. Since the days immediately following the disaster, he has continued working with the community and government agencies to cut bureaucratic red-tape and speed recovery efforts. In Congress, Pomeroy led the House action to enact disaster relief for Grand Forks and other communities in the region. Thanks to his bipartisan work, nearly $1 billion was dedicated for flood victims in North Dakota.

The Grand Forks Herald recently said of the state's lone representative, "Pomeroy has been a great and invaluable friend to Grand Forks and North Dakota. His support during the 1997 flood was invaluable; his leadership on other issues such as Social Security and the farm crisis has been dynamic and effective."

The Bismarck Tribune has called him a "regular billboard...for North Dakota values," saying he's never forgotten where he came from.

Pomeroy understands the challenges working families face, and he wants to help make the going a little bit easier. That's why he's worked to make life-long learning and education more affordable and quality healthcare more accessible. One of Pomeroy's primary focuses in Congress has been to encourage more middle-income families to save for retirement. He's authored a series of bills giving tax credits to people who set aside money for retirement, as well as legislation to help small businesses set up pension programs for their employees.

While he has worked to increase personal savings and enact pension reforms, Earl has emerged as a leader on efforts to save Social Security. As a teenager, Earl and his brother and mother received Social Security benefits after his father unexpectedly passed away, and he wants to make sure Social Security continues to protect all American families. Pomeroy has called on Congress to save the budget surplus until Congress and the President enact legislation protecting the long-term future of Social Security. He has been appointed co-chair of the House Democrats' Social Security Task Force.

Earl Pomeroy was born in Valley City, North Dakota on September 2, 1952. He attended Valley City State University before transferring to the University of North Dakota (UND) where he earned his Bachelor of Arts degree in Political Science and his law degree in 1979.

After receiving his law degree, Pomeroy returned to his hometown and practiced law for five years. In 1980, he was elected to the State House of Representatives and elected State Insurance Commissioner in 1984. During his tenure as Insurance Commissioner, Pomeroy served as President of the National Association of Insurance Commissioners. Pomeroy is married to Laurie Kirby from Dickinson, North Dakota, and they have two children, Kathryn and Scott.

 

 


Joel Popkin
President
Joel Popkin & Co.

Dr. Popkin received his BS degree from the Wharton School of Finance of the University of Pennsylvania and his Ph.D. in economics from the same university. He has worked at the Bureau of Labor Statistics as Assistant Commissioner for Prices, at the President's Council of Economic Advisers, and at the National Bureau of Economic Research as director of its Washington office. He is a fellow of the National Association of Business Economists and the American Statistical Association, past Chairman of the Conference of Business Economists and a member of the Committee of Visitors to the economics department of the University of Pennsylvania. He has been Chairman of the Board of the National Economists Club and a member of the boards of the American Statistical Association, the National Bureau of Economic Research, and the Economic Strategy Institute.

His expertise is confirmed by the frequency with which his views are sought in public arenas and by think tanks. Dr. Popkin testifies often before Congress and writes for and is interviewed by various media. On these occasions the focus, as would be expected, is often on issues related to wages, costs, and prices. But in recent years his research interest has broadened to include longer-run issues, particularly productivity, and its role in the creation and distribution of income and wealth. He has published articles in a number of academic journals.


 

Richard Steven Seline
Founder
New Economy Strategies

Richard Seline has been working in the economic development arena for over 18 years at the national, regional, and local levels, and has been recognized for his work in public-private partnerships, regional business climate analysis, and technology adaptation by business organizations. Richard spun New Economy Strategies out of Collaborative Economics (CEI) of Palo Alto to focus on discreet regional projects, especially in the areas of biotech/life sciences and innovative economic convergence. Richard's work with CEI includes projects in Greater Washington D.C, Cleveland, Indianapolis, Pittsburgh and Texas, as well as on behalf of the Biotechnology Industry Organization, U.S. Department of Commerce, and the National Alliance for Regional Stewardship. From 1986-1990, Richard served as Special Assistant for Strategic Affairs to the President of U.T. M.D. Anderson Cancer Center - this initial introduction and extensive agenda in the biotech commercialization and partnering arena with a globally-recognized institution created the long-standing foundation on which his work has evolved.

Prior to joining Collaborative Economics, Richard managed the Jacob-Louis Group-a business and economic consulting firm based in Washington, D.C. with offices in Austin, Texas. For four years, he developed and managed projects as diverse as the 21st Century Jobs Initiative for the Oak Ridge National Laboratory, Texas Business Climate Analysis-Trends, Warning Signs, Growing Pains for the Texas Research League, Texas Performance Review of Statewide Economic Development Activities for the Texas Comptroller of Accounts, and Bay Area Multimedia Project for the Bay Area Multimedia Partnership.

Richard has written extensively about business climate issues, regional economic development and technology strategies for the Council of Urban Economic Development, Technology Business, Texas Business Magazine, and other regional and national media. He is the author and/or participant in numerous studies and reports at the national and regional level including the Council For Economic Development (CFED)/Ford Foundation National Business Climate Project and the Southern Growth Policies Board Creating Regionally-based Electronic Economic Development Strategies.

 


Honorable Tommy G. Thompson
Secretary
Department of Health and Human Services


Health and Human Services Secretary Tommy G. Thompson is the nation's leading advocate for the health and welfare of all Americans. He is the 19th individual to serve as Secretary of the department, which employs more than 60,000 personnel and has a fiscal year 2001 budget of $429 billion.

Secretary Thompson has dedicated his professional life to public service, most recently serving as governor of Wisconsin since 1987. Secretary Thompson made state history when he was re-elected to office for a third term in 1994 and a fourth term in 1998.

During his 14 years as governor, Secretary Thompson focused on revitalizing Wisconsin's economy. He also gained national attention for his leadership on welfare reform, expanded access to health care for low-income people, and education.

In 1996, Secretary Thompson enacted Wisconsin Works, or "W-2," the state's landmark welfare-to-work legislation, which served as a national model for welfare reform. The program required participants to work, while at the same time providing the services and support to make the transition to work feasible and permanent. W-2 provided a safety net through child care, health care, transportation and training assistance. Wisconsin's monthly welfare caseload declined by more than 90 percent, while the economic status of those taking part in W-2 improved. The average family on AFDC had been 30 percent below the federal poverty line. However, at the average wage of people leaving W-2, families were 30 percent above the poverty line.

More recently, Secretary Thompson worked to extend health insurance to many low-income children and families. As of November 2000, The BadgerCare program - Wisconsin's Medicaid/State Children's Health Insurance Program for uninsured families - had enrolled more than 77,000 individuals. In addition, Wisconsin's Pathways to Independence was the nation's first program to allow the disabled to enter the workforce without the fear of losing health benefits. The program provides ready access to a coordinated system of services and benefits counseling. As governor, Thompson also created FamilyCare, designed to help elderly and disabled citizens, and allow them to receive care in their homes for as long as possible.

Also as governor, Thompson created the nation's first parental school choice program in 1990, allowing low-income Milwaukee families to send children to the private or public school of their choice. He also created Wisconsin's Council on Model Academic Standards, which implemented high academic standards for English language arts, math, science and social studies. Thompson also made unprecedented investments in the University of Wisconsin System through building projects and initiatives to attract and retain world-class faculty while keeping tuition affordable for students.

Secretary Thompson began his career in public service in 1966 as a representative in Wisconsin's state Assembly. He was elected assistant Assembly minority leader in 1973 and Assembly minority leader in 1981. Secretary Thompson has received numerous awards for his public service, including the Anti-Defamation League's Distinguished Public Service Award. In 1997, the Secretary received Governing Magazine's Public Official of the Year Award, and the Horatio Alger Award in 1998. The Secretary has also served as chairman of the National Governors'Association, the Education Commission of the States and the Midwestern Governors' Conference. Secretary Thompson also served in the Wisconsin National Guard and the Army Reserve.

 


Jack Triplett
Visiting Fellow
The Brookings Institution

Jack Triplett is a Visiting Fellow at the Brookings Institution, in Washington, D.C. His current research at Brookings concerns productivity in health, finance and other services industries, with a focus on developing improved measures of output for these notably difficult to measure sectors of the economy. He serves as a consultant to international organizations and to the statistical agencies of a number of countries on issues of economic measurement and economic statistics.

From 1985 to 1997, he was Chief Economist, U.S. Bureau of Economic Analysis (on leave in 1996-97 to the National Bureau of Economic Research). From 1971 to 1985, Mr. Triplett held positions at the U.S. Bureau of Labor Statistics, including Associate Commissioner for Research and Evaluation, and Chief of the Price Research Division. In 1979, he was Assistant Director for Price Monitoring at the Council on Wage and Price Stability. Before his government positions, he taught
economics at Washington University (St. Louis) and the University of Oregon, where he was also Assistant Director of the Institute of Labor and Industrial Relations.

Mr. Triplett has written extensively on problems of economic measurement, including price indexes, national accounts, capital stock and labor input, and productivity and technical change. He is the editor of Fifty Years of Economic Measurement (with Ernst R. Berndt) and The Measurement of Labor Cost, both for the National Bureau of Economic Research, and of Measuring the Prices of Medical Treatments, published by The Brookings Institution. He is an elected fellow of the American
Statistical Association, and is the 1997 winner of the Julius Shiskin Award for Economic Statistics, which is awarded jointly by the National Association for Business Economics and the Washington
Statistical Society.

He was born in Portland, Oregon, and attended Lewis and Clark College. He holds A.B., M.A., and Ph.D. degrees from University of California, Berkeley.



 


 

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