Brent Neiman is an American academic, economist, and government official who serves as the acting assistant secretary of the Treasury for International Finance and Development at the United States Department of the Treasury in the Biden Administration.[1][2]

Brent Neiman
Assistant Secretary of the Treasury for International Finance and Development
Assumed office
March 15, 2023
PresidentJoe Biden
Preceded byGeoffrey Okamoto
Personal details
EducationUniversity of Pennsylvania (BSE, BAS)
Oxford University (MSc)
Harvard University (PhD)

Education

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Neiman attended the University of Pennsylvania and earned a Bachelor of Science in Economics and a Bachelor of Applied Science in 1999. In the following year, he received a master's degree from Oxford University. Neiman completed his doctorate in economics from Harvard University in 2008.[2]

Career

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Academic

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Neiman is the Edward Eagle Brown Professor of Economics at the University of Chicago Booth School of Business. He co-founded the Global Capital Allocation Project and was a co-director of the Initiative for Global Markets and the Becker Friedman Institute Initiative for International Economics at the University of Chicago. In addition, he was a research associate at the National Bureau of Economic Research and a research fellow at the Center for Economic Policy Research. His research focuses on international finance, macroeconomics, and international trade.[2][3]

He served as the staff economist for international finance on the White House Council of Economic Advisors. Neiman also worked at the Federal Reserve of Chicago, McKinsey and Company and, McKinsey Global Institute.[4]

U.S. Department of the Treasury

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In August 2021, Neiman was nominated to serve as Assistant Secretary of the Treasury for International Finance.[1] He was confirmed by the United States Senate on March 15, 2023, by a vote of 54–40. Prior to his confirmation, Neiman served as a Counselor to the Secretary of the Treasury.[5][6]

In September 2020, Neiman gave a speech at the Peterson Institute for International Economics on cross-border debt, sovereign debt restructuring, and challenges to the global financial infrastructure that focused on China’s debt practices.[6] In September 2023, Neiman gave a speech discussing the financial policy benefits of bilateral engagement between the U.S. and China.[7][8][9]

Selected articles

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  • Loukas Karabarbounis, Brent Neiman, The Global Decline of the Labor Share, The Quarterly Journal of Economics, Volume 129, Issue 1, February 2014, Pages 61–103, https://doi.org/10.1093/qje/qjt032
  • Eaton, Jonathan, Samuel Kortum, Brent Neiman, and John Romalis. 2016. "Trade and the Global Recession." American Economic Review, 106 (11): 3401-38.DOI: 10.1257/aer.20101557
  • Gopinath, Gita, and Brent Neiman. 2014. "Trade Adjustment and Productivity in Large Crises." American Economic Review, 104 (3): 793-831 .DOI: 10.1257/aer.104.3.793
  • Antonio Coppola, Matteo Maggiori, Brent Neiman, Jesse Schreger, Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens, The Quarterly Journal of Economics, Volume 136, Issue 3, August 2021, Pages 1499–1556, https://doi.org/10.1093/qje/qjab014
  • Cavallo, Alberto, Gita Gopinath, Brent Neiman, and Jenny Tang. 2021. "Tariff Pass-Through at the Border and at the Store: Evidence from US Trade Policy." American Economic Review: Insights, 3 (1): 19-34 .DOI: 10.1257/aeri.20190536

References

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  1. ^ a b House, The White (2021-08-06). "President Biden Announces 10 Key Nominations". The White House. Retrieved 2024-04-23.
  2. ^ a b c "Brent Neiman". U.S. Department of the Treasury. 2024-03-19. Retrieved 2024-04-23.
  3. ^ "Brent Neiman". The University of Chicago Booth School of Business. Retrieved 2024-04-25.
  4. ^ "Brent Neiman researches international macroeconomics and trade | University of Chicago News". news.uchicago.edu. 2021-02-15. Retrieved 2024-04-25.
  5. ^ "U.S. Senate: U.S. Senate Roll Call Votes 118th Congress - 1st Session". www.senate.gov. Retrieved 2024-04-23.
  6. ^ a b "China's debt practices have caused 'suffering': US Treasury official". South China Morning Post. 2022-09-20. Retrieved 2024-04-23.
  7. ^ Egan, Matt (2023-09-12). "As China's economy hits turbulence, a top Treasury official heads to Hong Kong to deepen ties with Beijing | CNN Business". CNN. Retrieved 2024-04-25.
  8. ^ "US Treasury team set for Beijing talks on economic co-operation". www.ft.com. Retrieved 2024-04-25.
  9. ^ "Top US Treasury official visits Hong Kong in first such trip in years". South China Morning Post. 2023-09-15. Retrieved 2024-04-25.