Peter Orszag

CEO of Financial Advisory, Lazard

Robert Rubin

Co-Chairman Emeritus, Council on Foreign Relations
70th United States Secretary of the Treasury

Joseph E. Stiglitz

Professor, Columbia University
Nobel Laureate in Economics

Video is available for members-only one week after the event date

Fiscal Resiliency in a Deeply Uncertain World

Moderator:
John C. Williams
Chair of The Economic Club of New York
President & CEO, Federal Reserve Bank of New York

Peter R. Orszag

Peter R. Orszag, age 52, became Chief Executive Officer of Financial Advisory in June 2019. Prior to that he was Lazard's Head of North American Mergers & Acquisitions since July 2018 and Global Co-Head of Healthcare since November 2016. Mr. Orszag joined Lazard in May 2016 as a Vice Chairman of Investment Banking from Citigroup, where he was Vice Chairman of Corporate and Investment Banking and Chairman of the Financial Strategy and Solutions Group from January 2011 to February 2016.

Mr. Orszag served as the Director of the Office of Management and Budget in the Obama Administration from January 2009 to July 2010, and was the Director of the Congressional Budget Office from January 2007 to December 2008. Mr. Orszag is a member of the Board of Directors of the Peterson Institute for International Economics, the Mt. Sinai Medical Center and New Visions for Public Schools in New York, and is a member of the National Academy of Medicine.

Robert Rubin

Robert E. Rubin, co-chairman emeritus, Council on Foreign Relations, and former secretary of the U.S. Treasury, began his career in finance at Goldman, Sachs & Company in New York City in 1966. Rubin served as vice-chairman and co-chief operating officer (1987-1990) and as co-senior partner and co-chairman (1990-1992). Before joining Goldman, he was an attorney at the firm of Cleary, Gottlieb, Steen & Hamilton in New York City (1964-1966).

Long active in public affairs, joined the Clinton administration in 1993 as assistant to the president for economic policy and director of the newly created National Economic Council. At the NEC, he coordinated economic policy recommendations to the president and monitored the implementation of the president's economic policy goals. In January 1995, Rubin was appointed as our nation's 70th Secretary of the Treasury. During his 4-1/2 years at Treasury, he played a key role in balancing the federal budget; opening trade policy to further globalization; acting to stem financial crises in Mexico, Asia, and Russia; helping resolve the impasse over the public debt limit; and guiding sensible reforms at the Internal Revenue Service.

From 1999 to 2009, he served as a member of the board of directors at Citigroup and as a senior advisor to the company. In that capacity, he worked extensively with the firm's clients around the world.

Rubin is one of the founders of The Hamilton Project, an economic policy project housed at the Brookings Institution that offers a strategic vision and innovative policy proposals on how to create a growing economy that benefits more Americans.

He is the author of In An Uncertain World: Tough Choices from Wall Street to Washington (Random House, 2003, with Jacob Weisberg), which was a New York Times best-seller as well as being named one of Business Week's 10 best business books of the year.

In June 2017, Rubin concluded his 10-year term as co-chairman of the Council on Foreign Relations and now serves as co-chairman emeritus. He is vice chairman of the boards of trustees at the Mount Sinai Health System and chairman of the board of the Local Initiatives Support Corporation (LISC), which is the nation's leading community development support organization with 38 offices nationwide. In June 2014, he completed a 12-year term as a member of the Harvard Corporation and is now a member of its finance committee. He joined Centerview Partners in 2010 as a senior counselor of the firm. In his role at Centerview, he serves as a sounding board and adviser to clients across the firm's various activities, bringing years of experience in finance and public policy.

Rubin graduated summa cum laude from Harvard College in 1960 with an AB in economics. He received an LLB from Yale Law School in 1964 and attended the London School of Economics. He has received honorary degrees from Harvard, Yale, Columbia, and other universities.

Joseph E. Stiglitz

Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute.

A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank and a former member and chairman of the (US president's) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001 and received that university's highest academic rank (university professor) in 2003.

In 2011 Stiglitz was named by Time magazine as one of the 100 most influential people in the world. Known for his pioneering work on asymmetric information, Stiglitz's work focuses on income distribution, risk, corporate governance, public policy, macroeconomics and globalization. He is the author of numerous books, and several bestsellers. His most recent titles are People, Power, and Profits, Rewriting the Rules of the European Economy, Globalization and Its Discontents Revisited, The Euro and Rewriting the Rules of the American Economy.