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Gene B. Sperling is the Assistant to the President for Economic Policy and Director of the National Economic Council. Upon his appointment on January 7, 2011, Mr. Sperling became the first person to serve as NEC Director and principal economic policy advisor for two presidents: first under President Clinton from 1997 to 2001, and now under President Obama.
In the Obama Administration, Sperling has played a key role representing the White House in budget negotiations with Congress as well as in designing several of the President’s economic initiatives including the American Jobs Act, the extension of Transition Adjustment Assistance, the universal dislocated workers program, and the small business tax credit. He also serves as the White House point person on several of the President’s top priorities including manufacturing policy, housing, and economic assistance for veterans.
During his eight years at the White House in the Clinton Administration, Sperling helped negotiate the 1993 and 1997 Deficit Reduction Acts and the increase in the earned-income tax credit and a champion of Saving Social Security First, the Children’s Health Insurance Program, the Hope Scholarship Tax Credit and the Direct Student Loan program.
Mr. Sperling’s work extends beyond economics. Prior to joining the Obama Administration, Mr. Sperling was a guest scholar at the Brookings Institution where he focused on education in poor and conflict-affected nations. He was the founder and Director of the Center for Universal Education at the Council on Foreign Relations and co-authored a book entitled What Works in Girls’ Education: Evidence and Policies from the Developing World.
Mr. Sperling was also Senior Fellow for Economic Policy at the Center for American Progress, where he authored The Pro-Growth Progressive: An Economic Strategy for Shared Prosperity.
Prior to his current appointment, Mr. Sperling served as Counselor at the U.S. Department of the Treasury. In that role, Mr. Sperling served as a lead policy advisor on fiscal, budget, tax, job creation and small business issues.
Mr. Sperling graduated from the University of Minnesota and Yale Law School, and attended Wharton Business School. He is a native of Ann Arbor, Michigan, where his parents still live.
Gene Sperling's Posts
- February 16, 2012 at 2:30 PM EST
In 2011, each of the Big Three automakers posted a yearly profit for the first time since 2004
- February 15, 2012 at 5:42 PM EST
The Departments of Treasury and Labor are taking steps to strengthen economic security for our nation’s seniors by giving Americans greater investment information and access to more choices to plan for a secure retirement
- December 8, 2011 at 10:45 AM EST
The Obama Administration is taking action to support small businesses through creating an environment where they have access to capital markets to help facilitate growth at every stage.
We Can't Wait: Recent Executive Actions to Support the Housing Market and Help Struggling American HomeownersOctober 24, 2011 at 4:14 PM EST
Gene Sperling, Director of the National Economic Council, goes through recent actions from the Obama Administration on the housing market.
- September 21, 2011 at 3:28 PM EST
The Director of the National Economic Council sets the record straight on the President's plan for fair and balanced tax reform
- August 1, 2011 at 3:07 PM EST
Gene Sperling, Director of the National Economic Council, explains how the budget deal sets the stage for balanced deficit reduction.
- October 8, 2010 at 9:58 AM EST
Gene Sperling discusses the State Small Business Credit Initiative – a program to support $15 billion in lending through innovative public-private partnerships facilitated by states initiated as part of the Small Business Jobs Act.
- April 1, 2010 at 9:47 AM EST
Gene Sperling, advisor to the Secretary of the Treasury, explains the new small business health tax credit going into effect this year and retroactive to January 1, 2010.