Larry Henry Summers is an American economist who served as the 71st United States Secretary of the Treasury from 1999 to 2001 and as director of the National Economic Council from 2009 to 2010. He also served as president of Harvard University from 2001 to 2006, where he is the Charles W. Eliot University Professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School. In November 2023, Summers joined the board of directors of artificial general intelligence company OpenAI.
Rahm Israel Emanuel is an American politician and diplomat currently serving as United States ambassador to Japan. A member of the Democratic Party, he represented Illinois in the United States House of Representatives for three terms from 2003 to 2009. He was the White House Chief of Staff from 2009 to 2010 under Barack Obama and served as mayor of Chicago from 2011 to 2019.
Ronald Steven Suskind is an American journalist, author, and filmmaker. He was the senior national affairs writer for The Wall Street Journal from 1993 to 2000, where he won the 1995 Pulitzer Prize for Feature Writing for articles that became the starting point for his first book, A Hope in the Unseen. His other books include The Price of Loyalty, The One Percent Doctrine, The Way of the World, Confidence Men, and his memoir Life, Animated: A Story of Sidekicks, Heroes, and Autism, from which he made an Emmy Award-winning, Academy Award-nominated feature documentary. Suskind has written about the George W. Bush administration, the Barack Obama administration, and related issues of the United States' use of power.
Eugene Benton Sperling is an American lawyer who was director of the National Economic Council and assistant to the president for economic policy under Presidents Bill Clinton and Barack Obama. He is the only person to serve as national economic advisor under two presidents. Outside of government, he founded the Center for Universal Education at the Brookings Institution in 2002.
Richard L. "Jake" Siewert Jr. is an American political advisor serving as the head of corporate communications for investment bank Goldman Sachs. He served as the 22nd White House Press Secretary and the last of the Clinton administration and later in the Treasury department during the Obama Administration.
Austan Dean Goolsbee is an American economist and writer. He is the president of the Federal Reserve Bank of Chicago. Goolsbee formerly served as the Robert P. Gwinn Professor of Economics at the University of Chicago's Booth School of Business. He was the chairman of the Council of Economic Advisers from 2010 to 2011 and a member of President Barack Obama's cabinet. He served as a member of the Chicago Board of Education from 2018 to 2019.
Peter Richard Orszag is an American business executive and former government official. He is the Chief Executive Officer of Lazard.
Aneesh Raman is Chief Economic Opportunity Officer at LinkedIn. A former CNN war correspondent and speechwriter to President Barack Obama, Raman has focused his career in recent years on the expansion of economic opportunity. He first wrote about that issue in a 2016 guest essay for Fortune Magazine. In January 2024, he co-authored an opinion piece for The New York Times entitled The AI Economy Will Make Jobs More Human.
Jacob Joseph Lew is an American attorney and diplomat serving as the United States ambassador to Israel. He was the seventy-sixth United States secretary of the treasury from 2013 to 2017. A member of the Democratic Party, he also served as the twenty-fifth White House chief of staff from 2012 to 2013 and as director of the Office of Management and Budget in both the Clinton administration and Obama administration.
The presidential transition of Barack Obama began when he won the United States presidential election on November 4, 2008, and became the president-elect. Obama was formally elected by the Electoral College on December 15, 2008. The results were certified by a joint session of Congress on January 8, 2009, and the transition ended when Obama was inaugurated on January 20, 2009.
The first 100 days of the Barack Obama presidency began on January 20, 2009, the day Barack Obama was inaugurated as the 44th president of the United States. The first 100 days of a presidential term took on symbolic significance during Franklin D. Roosevelt's first term in office, and the period is considered a benchmark to measure the early success of a president. The 100th day of his presidency ended on April 30, 2009. Obama stated that he should not be judged just by his first hundred days: "The first hundred days is going to be important, but it’s probably going to be the first thousand days that makes the difference." Obama began to formally create his presidential footprint during his first 100 days. Obama quickly began attempting to foster support for his economic stimulus package, American Recovery and Reinvestment Act of 2009. The bill passed in the House on January 28, 2009, by a 244–188 vote, and it passed in the Senate on February 10 by a 61–37 margin.
Timothy Franz Geithner is an American former central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013. He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration. Since March 2014, he has served as president and chairman of Warburg Pincus, a private equity firm headquartered in New York City.
Barack Obama assumed office as President of the United States on January 20, 2009, and his term ended on January 20, 2017. The president has the authority to nominate members of his Cabinet to the United States Senate for confirmation under the Appointments Clause of the United States Constitution.
The Presidential Task Force on the Auto Industry was an ad hoc group of United States cabinet-level and other officials that was formed by President Barack Obama to deal with the financial bailout of automakers Chrysler and General Motors.
The US bear market of 2007–2009 was a 17-month bear market that lasted from October 9, 2007 to March 9, 2009, during the financial crisis of 2007–2009. The S&P 500 lost approximately 50% of its value, but the duration of this bear market was just below average.
Neal Steven Wolin is the CEO of the corporate advisory firm Brunswick Group, an equity partner of Data Collective, a board partner of Social Capital, and a limited partner advisor of Nyca Partners. He was the longest-serving Deputy Secretary of the U.S. Department of the Treasury and also served as Acting Secretary of the Treasury in early 2013.
The U.S.–China Strategic and Economic Dialogue (S&ED) was a high-level dialogue for the United States and China to discuss a wide range of regional and global strategic and economic issues between both countries. The establishment of the S&ED was announced on April 1, 2009, by U.S. President Barack Obama and Chinese President Hu Jintao. The upgraded mechanism replaced the former Senior Dialogue and Strategic Economic Dialogue started under the George W. Bush administration. High-level representatives of both countries and their delegations will met annually at capitals alternating between the two countries.
Yaga Venugopal Reddy is an Indian economist and a retired Indian Administrative Service (IAS) officer of the 1964 batch belonging to Andhra Pradesh cadre. Reddy served as governor of the Reserve Bank of India (RBI), India's central bank, from September 2003 until September 2008.
In 2011, ongoing political debate in the United States Congress about the appropriate level of government spending and its effect on the national debt and deficit reached a crisis centered on raising the debt ceiling, leading to the passage of the Budget Control Act of 2011.
Sara Aviel, who has a background in international policy and economics, serves as President & CEO of U.S. foreign assistance agency the Inter-American Foundation.
