Jay Shambaugh

Jay C. Shambaugh is an American academic and economist who has served as under secretary of the treasury for international affairs since January 2023.

Jay Shambaugh
Under Secretary of the Treasury for International Affairs
Assumed office
January 13, 2023
PresidentJoe Biden
Preceded byBrent McIntosh
Personal details
EducationYale University (BA)
Tufts University (MA)
University of California, Berkeley (PhD)

Education

Shambaugh earned a Bachelor of Arts degree from Yale University, a Master of Arts from Tufts University, and a PhD from the University of California, Berkeley.[1]

Career

Shambaugh has worked as an instructor at Dartmouth College and Georgetown University. He was also a visiting scholar at the International Monetary Fund. He is a research associate at the National Bureau of Economic Research and was a senior fellow at the Brookings Institution. From 2015 to 2017, Shambaugh was a staff economist on the Council of Economic Advisers.[2] He has since worked as a professor of economics and international affairs at the George Washington University and director of the Institute for International Economic Policy.[3] Shambaugh has appeared as a guest on NPR, where he has provided commentary on economic policy related to gig work.[4][5]

In February 2022, Shambaugh was nominated to serve as under secretary of the treasury for international affairs.[6] He was confirmed by the United States Senate on December 13, 2022 by a vote of 70–27,[7] and he was sworn in by Secretary Janet Yellen on January 13, 2023.[8]

References

  1. "President Biden Announces Key Nominees". The White House. 2022-02-25. Retrieved 2022-02-25.
  2. Shambaugh, Jay C. (2020-09-17). "Opinion | A $1.5 Trillion Compromise Democrats Can't Ignore". The New York Times. ISSN 0362-4331. Retrieved 2022-02-25.
  3. "Jay Shambaugh". elliott.gwu.edu. Retrieved 2022-02-25.
  4. "'We Can't Take Your Call': Uber Drivers, Other Gig Workers Struggle For Unemployment". NPR.org. Retrieved 2022-02-25.
  5. "'We Can't Take Your Call': Uber Drivers, Other Gig Workers Struggle For Unemployment". NPR.org. Retrieved 2022-02-25.
  6. Lawder, David (2022-02-25). "EXCLUSIVE Biden to nominate economist Shambaugh as U.S. Treasury's international chief". Reuters. Retrieved 2022-02-25.
  7. "On the Nomination (Confirmation: Jay Curtis Shambaugh, of Maryland, to be an Under Secretary of the Treasury)". US Senate. Retrieved 16 December 2022.
  8. Simendinger, Alexis; Karisch, Kristina (2023-01-13). "The Hill's Morning Report — Classified papers in Biden's home; special counsel investigating". The Hill. Retrieved 2023-01-18.
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