Jay Shambaugh | |
---|---|
![]() | |
Under Secretary of the Treasury for International Affairs | |
Assumed office January 13, 2023 | |
President | Joe Biden |
Preceded by | Brent McIntosh |
Personal details | |
Education | Yale University (BA) Tufts University (MA) University of California, Berkeley (PhD) |
Jay C. Shambaugh is an American economist who has served as Under Secretary of the Treasury for International Affairs at the U.S. Department of the Treasury since January 2023.[1]
Shambaugh holds a BA from Yale University, a MA from the Fletcher School, and a PhD in economics from the University of California, Berkeley.[2]
Shambaugh has worked as an instructor at Dartmouth College and Georgetown University. He was also a visiting scholar at the International Monetary Fund. He was 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.[3] 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.[4] Shambaugh has appeared as a guest on NPR, where he has provided commentary on economic policy related to gig work.[5][6]
In February 2022, Shambaugh was nominated to serve as under secretary of the treasury for international affairs.[7] He was confirmed by the United States Senate on December 13, 2022, by a vote of 70–27,[8] and he was sworn in by Secretary Janet Yellen on January 13, 2023.[9]
On April 18, 2023, Shambaugh delivered a speech on the state of the global economy at the Brookings Institution.[10]
On July 26, 2023, Shambaugh testified to the U.S. Senate Foreign Relations Committee on international economic coercion and economic competitiveness.[11] His testimony focused on U.S. engagement with China and how Treasury uses its economic tools to promote U.S. national security and foreign policy interests.[12]
International | |
---|---|
National | |
Academics | |
Other |