Mauricio Claver-Carone | |
---|---|
United States Special Envoy for Latin America | |
Assuming office January 20, 2025 | |
President | Donald Trump |
Succeeding | Position established |
President of the Inter-American Development Bank | |
In office October 1,2020 –September 26,2022 | |
Preceded by | Luis Alberto Moreno |
Succeeded by | Reina Mejía (Acting) |
Personal details | |
Born | 1975 (age 49–50) Miami,Florida,U.S. |
Political party | Republican |
Education | Rollins College (BA) Catholic University (JD) Georgetown University (LLM) |
Mauricio Claver-Carone (born 1975) [1] is an American lawyer,investor,and lobbyist. He was an official in the Treasury Department and National Security Council in the Donald Trump Administration. He was nominated and elected as the first American President of the Inter-American Development Bank,a position he held from October 2020 [2] until September 26,2022. [3] [4]
A foreign policy hawk,Claver-Carone has lobbied for hard-line positions on Cuba and Venezuela. [5]
Claver-Carone was born in Miami,Florida,to parents of Cuban and Spanish descent.
He earned his Bachelor of Arts degree from Rollins College,Juris Doctor from The Catholic University of America and Master of Laws in International and Comparative Law from Georgetown University Law Center.
From 2017 to 2018,Claver-Carone was Senior Advisor for International Affairs at the U.S. Department of the Treasury,where he was a principal policy advisor to the Secretary of the Treasury and to the Under Secretary for International Affairs on geopolitical,national security and economic issues.
He then served as acting U.S. Executive Director at the International Monetary Fund,representing the United States on the Executive Board. [6] He played an important role in lending arrangements for Argentina,Barbados and Ecuador,and revolving credit lines for Colombia and Mexico.
In September 2018,Claver-Carone was appointed Special Assistant to U.S. President Donald Trump and Senior Director for Western Hemisphere Affairs at the National Security Council. [7] In 2019,he was promoted to become a Deputy Assistant to the President. In this role,Claver-Carone is credited for creating the U.S. government's maximum-pressure campaign against the Maduro regime [8] in Venezuela and for conceptualizing the "América Crece" economic growth strategy and frameworks. [9] He was also selected by President Trump to represent the United States in inauguration delegations to Brazil, [10] Panama [11] and Uruguay. [12]
In June 2020,the U.S. Department of the Treasury announced its intention to nominate Claver-Carone for the president of the Inter-American Development Bank (IDB), [13] the principal source of long-term financing for economic,social and institutional development in Latin America and the Caribbean.
His nomination generated a mixed reaction among the Bank’s member countries,as the institution’s presidency was historically reserved for a citizen of one of its borrowing member countries. [14]
He was elected by the IDB’s Board of Directors on September 12,2020,for a five-year term beginning on October 1,2020. [15] Thirty of the Bank's 48 governors voted for him (67% of total shareholding),including 23 out of the 28 regional governors. [16] [17]
On September 26,2022,Claver-Carone was removed from the presidency with a vote by the governors; [3] [4] after an ethics investigation alleged that he had an affair with a subordinate. Claver-Carone accused the investigation,which had concluded that "there is no direct evidence of an existing relationship between Mr. Claver-Carone and [his staffer]," of being "arbitrary and ad hoc" and as an effort of the Biden administration to "smear his reputation." [18]
Despite the controversy,under Claver-Carone's presidency,the IDB successfully optimized its balance sheet to deliver record-breaking financing of $23.4 billion while implementing unprecedented cost savings; [19] more than doubled its net income from 2020-2022; [20] built a private sector coalition to achieve record-breaking co-financing and mobilization; [21] had the biggest single-year gains ever in transparency indicators and stakeholder satisfaction surveys; [22] named the most women to positions of decision-making power ever in the history of the Bank;ensured small countries were represented in the most senior ranks for the first time;earned long-lost bipartisan support from U.S. Congressional leaders; [23] and ended the Bank's deals with China over the last decade. [24]
Before joining the U.S. government,Claver-Carone was executive director of Cuba Democracy Advocates,a lobbying organization for human rights,free markets and the rule of law in Cuba. [25]
After the Inter-American Development Bank,Claver-Carone founded a private-equity firm focused on energy and infrastructure investments in the high-growth markets of Latin America and the Caribbean.
He has written for HuffPost , [26] The Wall Street Journal [27] and The New York Times ,among other publications. He has also published in academic journals,including the Georgetown Journal of International Law and the Yale Journal of International Affairs . Poder Magazine recognized him as one of 20 entrepreneurs,executives,leaders and artists under 40 who are shaping the future of the U.S. and the world. Claver-Carone hosted the bilingual foreign-policy show From Washington al Mundo on Sirius-XM Radio. [28]
The Inter-American Development Bank is an international development finance institution headquartered in Washington,D.C.,United States of America. It serves as one of the leading sources of development financing for independent countries of Latin America and the Caribbean. Established in 1959,IDB supports Latin American and Caribbean economic development,social development and regional integration by lending to governments and government agencies,including state corporations.
Enrique Valentín Iglesias García is a Spanish-Uruguayan economist. He served as the first president of the Central Bank of Uruguay from 1967 to 1969. He has also served as President of the Inter-American Development Bank from 1988 to 2005,an international institution dedicated to furthering economic development in the Western Hemisphere through investment and policy formulation. He was appointed as Special Adviser for Venezuela to Federica Mogherini,the European Union's High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission,on 28 May 2019.
The United States embargo against Cuba has prevented U.S. businesses from conducting trade or commerce with Cuban interests since 1958. Modern diplomatic relations are cold,stemming from historic conflict and divergent political ideologies. U.S. economic sanctions against Cuba are comprehensive and impact all sectors of the Cuban economy. It is the most enduring trade embargo in modern history.
Luis Alberto Moreno Mejía is a Colombian businessman and former diplomat who served as President of the Inter-American Development Bank (IADB) from 2005 to 2020. He was also Colombia's Ambassador to the United States under President Andrés Pastrana Arango from 1998 to 2005,and is the former President of the Instituto de Fomento Industrial. He currently serves as a member of the Board of Trustees at the World Economic Forum (WEF) since 2011.
Alicia Isabel Adriana Bárcena Ibarra is a Mexican biologist and the current Secretary of Environment and Natural Resources of Mexico. She was the Secretary of Foreign Affairs from 2023 to 2024 and previously served as the Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) from July 2008 to March 2022.
Andrés Velasco Brañes is a Chilean economist and professor who served as Minister of Finance in the first government of President Michelle Bachelet from March 2006 to March 2010. He is currently the Dean of the School of Public Policy at the London School of Economics.
AndréMedici is a Brazilian health economist with a background in health strategy,public and private health financing in Latin America and the Caribbean,social security and pensions,economic reform,gender health issues,environmental protection,and globalization. He is currently a Senior Health Specialist at the Inter-American Development Bank,in Washington,DC.
Antonio Ortiz Mena was a Mexican economist who served as President of the Inter-American Development Bank (1971–1988) and as Mexico's Secretary of Finance during the administrations of Adolfo López Mateos and Gustavo Díaz Ordaz (1958–1970).
Felipe Pazos Roque was a Cuban economist who initially supported the Cuban Revolution of Fidel Castro,but became disillusioned with the increasingly radical nature of the revolutionary government.
Laura Chinchilla Miranda is a Costa Rican political scientist and politician who served as President of Costa Rica from 2010 to 2014. She was one of Óscar Arias Sánchez's two Vice-Presidents and his administration's Minister of Justice. She was the governing PLN candidate for president in the 2010 general election,where she won with 46.76% of the vote on 7 February. She was the eighth woman president of a Latin American country and the first and so far only woman to become President of Costa Rica. She was sworn in as President of Costa Rica on 8 May 2010.
David Robert Malpass is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023. He previously served as Under Secretary of the Treasury for International Affairs under Donald Trump,having served as an economic advisor to Trump during the 2016 U.S. presidential election;Deputy Assistant Treasury Secretary under Ronald Reagan;and Deputy Assistant Secretary of State under George H. W. Bush. He was chief international economist at Bear Stearns from 1993 to 2002,and chief economist from 2002 to the firm's collapse in 2008.
Edwin McCammon Martin was an American economist and diplomat. He worked for the United States government from 1935 to 1975,first as an economist,then on the mobilization of the U.S. economy for World War II and finally as a diplomat both domestically and abroad.
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Mario Marcel Cullell is a Chilean economist who has been serving as Chile Minister of Finance since 11 March 2022. He previously served as Governor of the Central Bank of Chile. He was named Governor in December 2016 and member of the Bank's Board from October 2015. He has been a close collaborator to the governments of the centre-left Coalition of Parties for Democracy (1990–2010),and for six years held the position of Budget Director,where he played a key role in the design of the structural surplus rule.
Kimberly Breier is a former American diplomat. She served as Assistant Secretary of State for Western Hemisphere Affairs from October 15,2018 until her resignation in August 2019.
Daniele Franco is an Italian economist,central banker and civil servant who served as Minister of Economy and Finance in the cabinet of Prime Minister Mario Draghi from 2021 to 2022. From 2020 until 2021,he served as director-general of the Bank of Italy.
Miguel Braun Cortés is an Argentine economist and policymaker who served was Secretary of Commerce of the Ministry of Production (2015–2018) and Secretary of Economic Policy of the Ministry of Finance (2018–2019) of the Argentine Republic.
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