Marc Sumerlin (born January 29, 1970) is an American economist. He was Deputy Assistant to the President for Economic Policy and deputy director of the National Economic Council under George W. Bush. He played a lead role in the development and passage of the Economic Growth and Tax Relief Reconciliation Act and the Sarbanes-Oxley Act, as well as the economic response to 9/11.[1] He also worked as an economic policy advisor for the Bush for President campaign, after starting his career at the U.S. Senate Budget Committee.[2][3]
Marc Sumerlin | |
|---|---|
| Deputy Director of the National Economic Council | |
| In office January 2001 – September 2002 | |
| President | George W. Bush |
| Personal details | |
| Born | January 29, 1970 |
| Political party | Republican |
| Spouse | Cassandra Hanley |
| Children | 2 |
| Education | Georgetown University (BS) Duke University (Master in Public Policy) Johns Hopkins University |
In 2003, he co-founded the Lindsey Group with Lawrence Lindsey.[4][3]
In 2009, he testified before the Congressional Oversight Panel on the origins of the financial crisis.[5][6]
In 2013, he founded a global economic consulting firm Evenflow Macro, where he is the Managing Partner.[7]
In 2018, he declined an approach to be President Trump's nominee to the Federal Reserve Board.[8]
He serves on the Board of Governors at the Johns Hopkins Wilmer Eye Institute.[9] Also, a member of Treasury's Financial Research Advisory Committee.[10]
Early life and education
editMarc Sumerlin was born in New Orleans, Louisiana, and grew up in Houston, Texas. He graduated from Kinkaid High School in 1988. In 2008, he received Kinkaid's Distinguished Young Alumni award.[11] He later graduated from Georgetown University with a Bachelor of Science in business administration (magna cum laude), Duke University with Master in Public Policy (Senator Jacob Javits Fellow), and from Johns Hopkins University with a Master in Applied Economics.[12][13]
Books
editCo-author, What a President Should Know: An Insider's View on How to Succeed in the Oval Office (ISBN 9780742562226)
References
edit- ^ "The George W. Bush Presidency - Domestic and Economic Policy by Hofstra University - Issuu". issuu.com. 2021-05-12. Retrieved 23 May 2024.
- ^ "President Bush Announced That Keith Hennessey Would Join the White House as Deputy Assistant to the President for Economic Policy and Deputy Director of the National Economic Council (Text Only)". georgewbush-whitehouse.archives.gov. Retrieved 23 May 2024.
- ^ a b CNBC.com (2010-10-07). "Fed Needs to Pump Trillions More Into Economy: Analyst". CNBC. Retrieved 23 May 2024.
- ^ "Wall Street is Dead. Long Live Wall Street!". New America. Retrieved 25 May 2024.
- ^ Panel, United States Congressional Oversight (2009-01-13). "Congressional Oversight Panel to Hold Hearing on Regulatory Reform, January 13, 2009". Fraser.stlouisfed. United States. Congressional Oversight Panel.
- ^ Congressional Oversight Panel special report on regulatory reform: modernizing the American financial regulatory system: recommendations for improving oversight, protecting consumers, and ensuring stability. Washington: U.S. G.P.O. 2009. p. 120,123,173. ISBN 978-0-16-082865-2.
- ^ "Powell to Face Pressure on Rates From Democrats, Bank Rules From Republicans". www.bloomberg.com. Retrieved 25 May 2024.
- ^ "The Man Who Didn't Want to Be a Trump Fed Governor". Bloomberg.com. 2020-09-29. Retrieved 25 May 2024.
- ^ "Wilmer" (PDF). Hopkinsmedicine.org.
- ^ "Committee Members and Biographies | Office of Financial Research". www.financialresearch.gov. Retrieved 4 June 2024.
- ^ "Distinguished Alumni - The Kinkaid School | A premier college preparatory school for PreK-12th grades". www.kinkaid.org. 20 June 2024. Retrieved 30 May 2024.
- ^ "Committee Members and Biographies". www.financialresearch.gov. Retrieved 30 May 2024.
- ^ "Fiscal Space for Future Generations". www.pgpf.org. Retrieved 30 May 2024.