Gene Sperling
Encyclopedia
Gene B. Sperling is an American
lawyer
and political figure, currently serving as a Counselor to Treasury Secretary Tim Geithner. He is also on the staff of the Council on Foreign Relations
, where he serves as Senior Fellow for Economic Policy and Director of the Center on Universal Education. He has held several high-level economic policy positions in the U.S. government, and on January 7, 2011, President Obama
selected him to become Director of the National Economic Council.
, where he attended the alternative Community High School. He received a B.A. in political science from the University of Minnesota
, a J.D. from Yale Law School
, and attended The Wharton School of the University of Pennsylvania. In the 1990s Gene Sperling worked for New York Governor Mario Cuomo
.
During Bill Clinton
's first term as President, from 1993–1996, Sperling served as deputy director of the National Economic Council while the Council was directed by Robert Rubin
, who was promoted to Treasury Secretary. Sperling became National Economic Adviser to Clinton and director of the National Economic Council from 1996 to 2000.
As director of the NEC. Sperling was a principal negotiator with then-Treasury Secretary Lawrence Summers
of the Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act. Gramm-Leach-Bliley repealed large portions of the depression-era Glass-Stegall Act allowing banks, securities firms and insurance companies to merge. President Barack Obama believes that the repeal of Glass–Steagall helped cause the 2007 subprime mortgage financial crisis.
Also in 1999, together with United States Trade Representative Charlene Barshefsky
, Sperling successfully negotiated and concluded the China-World Trade Organization agreement in Beijing, paving the way for China to enter the WTO in 2001.
Sperling was the chief economic advisor for Hillary Clinton during her presidential campaign
.
According to Bloomberg News, Sperling earned $887,727 from Goldman Sachs in 2008 and $158,000 for speeches mostly to financial companies.
Sperling is the author of The Pro-Growth Progressive, a book arguing that liberals should seek to harness market forces in pursuing progressive goals, and co-author of What Works In Girls' Education?. He was also a consultant for the television series The West Wing.
In January 2011, President Barack Obama
appointed Sperling as the director of the National Economic Council.
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United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
lawyer
Lawyer
A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political...
and political figure, currently serving as a Counselor to Treasury Secretary Tim Geithner. He is also on the staff of the Council on Foreign Relations
Council on Foreign Relations
The Council on Foreign Relations is an American nonprofit nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs...
, where he serves as Senior Fellow for Economic Policy and Director of the Center on Universal Education. He has held several high-level economic policy positions in the U.S. government, and on January 7, 2011, President Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...
selected him to become Director of the National Economic Council.
Life and career
Sperling was born in Ann Arbor, MichiganAnn Arbor, Michigan
Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. The 2010 census places the population at 113,934, making it the sixth largest city in Michigan. The Ann Arbor Metropolitan Statistical Area had a population of 344,791 as of 2010...
, where he attended the alternative Community High School. He received a B.A. in political science from the University of Minnesota
University of Minnesota
The University of Minnesota, Twin Cities is a public research university located in Minneapolis and St. Paul, Minnesota, United States. It is the oldest and largest part of the University of Minnesota system and has the fourth-largest main campus student body in the United States, with 52,557...
, a J.D. from Yale Law School
Yale Law School
Yale Law School, or YLS, is the law school of Yale University in New Haven, Connecticut, United States. Established in 1824, it offers the J.D., LL.M., J.S.D. and M.S.L. degrees in law. It also hosts visiting scholars, visiting researchers and a number of legal research centers...
, and attended The Wharton School of the University of Pennsylvania. In the 1990s Gene Sperling worked for New York Governor Mario Cuomo
Mario Cuomo
Mario Matthew Cuomo served as the 52nd Governor of New York from 1983 to 1994, and is the father of Andrew Cuomo, the current governor of New York.-Early life:...
.
During Bill Clinton
Bill Clinton
William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...
's first term as President, from 1993–1996, Sperling served as deputy director of the National Economic Council while the Council was directed by Robert Rubin
Robert Rubin
Robert Edward Rubin served as the 70th United States Secretary of the Treasury during both the first and second Clinton administrations. Before his government service, he spent 26 years at Goldman Sachs eventually serving as a member of the Board, and Co-Chairman from 1990-1992...
, who was promoted to Treasury Secretary. Sperling became National Economic Adviser to Clinton and director of the National Economic Council from 1996 to 2000.
As director of the NEC. Sperling was a principal negotiator with then-Treasury Secretary Lawrence Summers
Lawrence Summers
Lawrence Henry Summers is an American economist. He served as the 71st United States Secretary of the Treasury from 1999 to 2001 under President Bill Clinton. He was Director of the White House United States National Economic Council for President Barack Obama until November 2010.Summers is the...
of the Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act. Gramm-Leach-Bliley repealed large portions of the depression-era Glass-Stegall Act allowing banks, securities firms and insurance companies to merge. President Barack Obama believes that the repeal of Glass–Steagall helped cause the 2007 subprime mortgage financial crisis.
Also in 1999, together with United States Trade Representative Charlene Barshefsky
Charlene Barshefsky
Charlene Barshefsky served as United States Trade Representative, the country's top trade negotiator, from 1997 to 2001. Prior to that, she was the Deputy USTR from 1993 to 1997.- Life and career :...
, Sperling successfully negotiated and concluded the China-World Trade Organization agreement in Beijing, paving the way for China to enter the WTO in 2001.
Sperling was the chief economic advisor for Hillary Clinton during her presidential campaign
Hillary Clinton presidential campaign, 2008
New York junior Senator and former First Lady Hillary Rodham Clinton had expressed interest in the 2008 United States presidential election since at least October 2002, drawing media speculation on whether she would become a candidate. No woman has ever won the nomination of a major party in the...
.
According to Bloomberg News, Sperling earned $887,727 from Goldman Sachs in 2008 and $158,000 for speeches mostly to financial companies.
Sperling is the author of The Pro-Growth Progressive, a book arguing that liberals should seek to harness market forces in pursuing progressive goals, and co-author of What Works In Girls' Education?. He was also a consultant for the television series The West Wing.
In January 2011, President Barack Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...
appointed Sperling as the director of the National Economic Council.
Works
- Walter Dellinger and Gene B. Sperling , 1989. "Abortion and the Supreme Court: The Retreat from Roe v. Wade," University of Pennsylvania Law Review, 138(1), p p. 83-118.
- Barbara Herz and Gene B. Sperling, 2004. What Works In Girls' Education: Evidence And Policies From The Developing World, Council on Foreign Relations Press. Description and preview. ISBN 978-0-87609-344-3
- Gene B. Sperling, 1985. Judicial Right Declaration and Entrenched Discrimination," Yale Law Journal, 94(7), p p. 1741-1765.
- _____, 2001. "Toward Universal Education: Making a Promise, and Keeping It," Foreign Affairs, 80(5), p p. 7-13.
- _____, 2005. The Pro-Growth Progressive: An Economic Strategy for Shared Prosperity, Description and preview. Simon & Schuster. ISBN 978-0-7432-3753-6
- William Michael Treanor and Gene B. Sperling, 1993. "Prospective Overruling and the Revival of 'Unconstitutional' Statutes," Columbia Law Review, 93(8), p p. 1902-1955.
Important H1B Visa Power Broker
In the history of the H-1B program, few people have played a role as important as that of Gene Sperling, who was appointed by President Obama to head the National Economic Council.External links
- Official page on the site of the Council on Foreign Relations
- Commonwealth Club of California, archived speech
- "The Pro-Growth Progressive" - Gene Sperling speaks at Google
- Obama appointee Sperling was key H-1B broker
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