Jared Bernstein | |
---|---|
31st Chair of the Council of Economic Advisers | |
Assumed office July 10, 2023 | |
President | Joe Biden |
Preceded by | Cecilia Rouse |
Member of the Council of Economic Advisers | |
In office January 20,2021 –July 10,2023 | |
President | Joe Biden |
Preceded by | Tomas J. Philipson |
Succeeded by | Kirabo Jackson |
Personal details | |
Born | December 26,1955 |
Political party | Democratic |
Education | Manhattan School of Music (BM) Hunter College (MSW) Columbia University (DSW) |
Jared Bernstein (born December 26,1955) [1] is an American government official who is the chair of the United States Council of Economic Advisers. He is a senior fellow at the Center on Budget and Policy Priorities. [2] From 2009 to 2011,Bernstein was the chief economist and economic adviser to Vice President Joe Biden in the Obama administration. [3] In 2008,Michael D. Shear described Bernstein as a progressive and "a strong advocate for workers". [4]
In February 2023,President Joe Biden nominated Bernstein to serve as Chair of the Council of Economic Advisers. [5] He was confirmed to be chair on June 13,2023. [6] He was ceremonially sworn in by Vice President Kamala Harris on July 10,2023. [7]
Bernstein stated he grew up in a "musical family" and aspired to be a professional musician as a young person. [8] Bernstein graduated with a bachelor's degree in music from the Manhattan School of Music where he studied double bass with Orin O'Brien. Throughout the '80s,Bernstein was a mainstay on the jazz scene in New York City.[ citation needed ] He is of Jewish descent. [9]
He also earned a Master of Social Work from Hunter College as well as a Doctor of Social Work in social welfare from Columbia University's school of social work in 1994. [10] [11] At Columbia,his dissertation advisor was Irwin Garfinkel. [12]
Bernstein has taught at Howard University,Columbia University,and New York University.[ citation needed ] His areas of interest include "federal,state and international economic policies,specifically the middle class squeeze,income inequality and mobility,trends in employment and earnings,low-wage labor markets,poverty,and international comparisons."[ This quote needs a citation ] [13] He is known as a critic of free trade agreements such as the North American Free Trade Agreement (NAFTA). [4]
In 1992,Bernstein started working as a senior official at the Economic Policy Institute (EPI),a liberal think tank with a focus on issues affecting low- and middle-income working people. [4] From 1995 to 1996,he served in the United States Department of Labor as deputy chief economist. He then returned to the EPI,as senior economist and director of the Living Standards Program,until he was selected by Biden. His designated job on the vice presidential staff is a new position,created because of "the critical nature of the economic challenges facing America." [14] Upon his appointment,some journalists claimed that it "contrasts sharply with the more centrist views of many of president-elect Barack Obama's economic advisers." [4]
Bernstein sits on the Congressional Budget Office's advisory committee. He is a contributor at the financial news network CNBC. He also was appointed executive director of the Middle Class Working Families Task Force and is responsible for direct management of the project.
Paul Krugman,a Nobel laureate in economics and a noted progressive columnist,argued in November 2008 that the centrist makeup of President Barack Obama's economic inner circle,the new Economic Recovery Advisory Board,could be used to "give progressive economists a voice," and he mentioned Bernstein and fellow EPI economist president Lawrence Mishel among others as progressive economists who might be suitable for the board. [15]
On September 5,2020,Bernstein was announced to be a member of the advisory council of the Biden-Harris Transition Team,which was planning the presidential transition of Joe Biden. [16] [17] Subsequently,President Joe Biden selected Bernstein to serve on the Council of Economic Advisors in January 2021.
In February 2023,Bernstein was nominated as Chair of the Council of Economic Advisers by President Biden,replacing Cecilia Rouse. [5] [18]
On May 11,2023,the United States Senate Committee on Banking,Housing,and Urban Affairs advanced Bernstein's nomination by a 12–11 vote. [19] On June 13,2023,the United States Senate invoked cloture on Bernstein's nomination by a 50–49 vote. [20] He was confirmed later that day by a 50–49 vote. [6]
Bernstein's books include All Together Now:Common Sense for a Fair Economy and Crunch:Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries). [21] He coauthored the last nine editions of The State of Working America,an ongoing analysis published since 1988 by the Economic Policy Institute, [22] as well as coauthoring The Benefits of Full Employment:When Markets Work for People, [23] where he states that "[l]ow unemployment by itself cannot address all the inequities in society," and advocates that "[o]ther forms of intervention are still needed to assist disadvantaged populations." [24]
He is a regular columnist for The American Prospect online,a contributor to the CNBC financial news television network, [25] and an op-ed writer in the New York Times and the Washington Post . [13] He has also written Diary entries on the Daily Kos website. [26]
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.
Lael Brainard is an American economist serving as the 14th director of the National Economic Council since February 21,2023. She previously served as the 22nd vice chair of the Federal Reserve between May 2022 and February 2023. Prior to her term as vice chair,Brainard served as a member of the Federal Reserve Board of Governors,taking office in 2014. Before her appointment to the Federal Reserve,she served as the under secretary of the treasury for international affairs from 2010 to 2013.
Catherine Mary Russell is an American attorney and political adviser who is the executive director of UNICEF as of 2022. Russell previously served as Director of the White House Presidential Personnel Office,United States Ambassador-at-Large for Global Women's Issues,and Chief of Staff to then-Second Lady of the United States Jill Biden.
Thomas Edward Donilon is an American lawyer,business executive,and former government official who served as the 22nd National Security Advisor in the Obama administration from 2010 to 2013. Donilon also worked in the Carter and Clinton administrations. He is now Chairman of the BlackRock Investment Institute,the firm's global think tank.
The President's Council on Jobs and Competitiveness,originally the President's Economic Recovery Advisory Board (PERAB),was an ad hoc panel of non-governmental experts from business,labor,academia and elsewhere that President of the United States Barack Obama created on February 6,2009. The board reported to Obama and his economic team on possible ways to improve the nation's economy. Obama announced this new board on November 26,2008,and also announced that it would be chaired by former Federal Reserve Chairman Paul Volcker with campaign economic adviser Austan Goolsbee as staff director and chief economist.
Brian Christopher Deese is an American economic and political advisor who was the 13th director of the National Economic Council,serving under President Joe Biden.
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.
Jeffrey Dunston Zients is an American business executive and a government official in the administration of U.S. president Joe Biden. Zients is currently serving as the 31st White House chief of staff. Earlier in the Biden administration,he served as counselor to the president and White House coronavirus response coordinator from January 2021 to April 2022.
Cecilia Elena Rouse is an American economist and the President of the Brookings Institution. She served as the 30th Chair of the Council of Economic Advisers between 2021 and 2023. She is the first Black American to hold this position. Prior to this,she served as the dean of the Princeton School of Public and International Affairs at Princeton University. Joe Biden nominated Rouse to be Chair of the Council of Economic Advisers in November 2020. Rouse was overwhelmingly confirmed by the Senate on March 2,2021,by a vote of 95–4. She resigned on March 31,2023,to return to teaching. On June 28,she was named the 9th President of the Brookings Institution.
Vivek Hallegere Murthy is a British-American physician and a vice admiral in the United States Public Health Service Commissioned Corps who has served as the 19th and 21st surgeon general of the United States under Presidents Barack Obama,Donald Trump,and Joe Biden. Murthy is the first surgeon general of Indian descent,and,during his first term as surgeon general,he was the youngest active duty flag officer in federal uniformed service.
Benjamin H. Harris is an American economist who is currently the Vice President and Director of the Economic Studies program at the Brookings Institution. Throughout his career,he has served in several public-service positions,most notably as the chief economist and chief economic advisor to Vice President Joe Biden from 2014 until the end of the Obama administration,and as Assistant Secretary for Economic Policy and Chief Economist of the U.S. Treasury. Harris was the executive director of the Kellogg Public-Private Initiative at the Kellogg School of Management at Northwestern University,the Chief Economist to the evidence-based policy organization Results for America,and the founder of the economic policy consulting firm Cherrydale Strategies. He has been a frequent contributor to The Wall Street Journal and regularly appears on cable television to discuss macroeconomics and public policy.
Lisa DeNell Cook is an American economist who has served as a member of the Federal Reserve Board of Governors since May 23,2022. She is the first African American woman and first woman of color to sit on the Board. Before her appointment to the Federal Reserve,she was elected to the board of directors of the Federal Reserve Bank of Chicago.
Philip Nathan Jefferson is an American economist who has been serving as 23rd Vice Chair of the Federal Reserve since September 2023. He has been a member of the Federal Reserve Board of Governors since 2022. He was nominated for the position by President Joe Biden in January 2022,and was confirmed by the Senate in May 2022. Upon taking office,he became the fourth Black man to serve on the board.
Joe Biden assumed office as president of the United States on January 20,2021. 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.
Sarah Bianchi is an American political advisor and former investment analyst who served as deputy United States trade representative for Asia,Africa,Investment,Services,Textiles,and Industrial Competitiveness. Prior to her confirmation as deputy USTR,she was a senior managing director at Evercore ISI,a global investment banking advisory firm.
The presidential transition of Joe Biden began on November 7,2020,and ended on January 20,2021. Unlike previous presidential transitions,which normally take place during the roughly 10-week period between the election in the first week of November and the inauguration on January 20,Biden's presidential transition was shortened somewhat because the General Services Administration under the outgoing Trump administration did not recognize Biden as the "apparent winner" until November 23.
Donet Dominic Graves Jr. is an American political advisor and government official who is the current Deputy Secretary of Commerce in the Biden administration. Graves formerly led the Beau Biden Cancer Moonshot and served in multiple roles within the Obama administration,including as an advisor to then-Vice President Joe Biden.
Michael Pyle is an American government official who served as the Deputy National Security Advisor for International Economics in the Biden administration.
Since my birthday is the day after Christmas ...
Bernstein, 63 ...
April 2003 EPI Book