Advisory Council & Author

Peter Orszag

Vice Chairman of Global Banking, Citigroup, Inc.

Peter R. Orszag is Vice Chairman of Global Banking at Citigroup, Inc. and a member of the Senior Strategic Advisory Group there.  He is also a Contributing Columnist at Bloomberg View and an Adjunct Senior Fellow at the Council on Foreign Relations.  Prior to joining Citigroup in January 2011, he served as a Distinguished Visiting Fellow at the Council on Foreign Relations and a Contributing Columnist at the New York Times. 

Orszag previously served as the Director of the Office of Management and Budget in the Obama Administration from January 2009 until July 2010, having been confirmed by the Senate on January 20, 2009.  In that Cabinet-level role, he oversaw the Administration’s budget policy, coordinated the implementation of major policy initiatives throughout the federal government, and reviewed federal regulatory action, among other responsibilities.  From January 2007 to December 2008, Orszag was the Director of the Congressional Budget Office (CBO), supervising the agency's work in providing objective, nonpartisan, and timely analyses of economic and budgetary issues.  Under his leadership, the agency significantly expanded its focus on areas such as health care and climate change.  
   
Prior to CBO, Orszag was the Joseph A. Pechman Senior Fellow and Deputy Director of Economic Studies at the Brookings Institution.  While at Brookings, he also served as Director of The Hamilton Project, Director of the Retirement Security Project, and Co-Director of the Tax Policy Center.   During the Clinton Administration, he was a Special Assistant to the President for Economic Policy and before that a staff economist and then Senior Advisor and Senior Economist at the President's Council of Economic Advisers.   Orszag has also founded and subsequently sold an economics consulting firm.

Orszag graduated summa cum laude in economics from Princeton University and obtained a Ph.D. in economics from the London School of Economics, which he attended as a Marshall Scholar.  He has coauthored or coedited a number of books, including Protecting the Homeland (2006), Aging Gracefully: Ideas to Improve Retirement Security in America (2006), Saving Social Security: A Balanced Approach (2004), and American Economic Policy in the 1990s (2002). He is a member of the Institute of Medicine of the National Academies of Sciences, the Council on Foreign Relations, the Hamilton Project Advisory Council, the Trilateral Commission, the Marshall Scholarship Alumni Advisory Board, and Phi Beta Kappa. 

Orszag is married to Bianna Golodryga, an anchor on ABC’s Good Morning America.