Peter Orszag is an American economist, currently serving as Vice Chairman of Global Banking at Citigroup. He also creates a bimonthly column for Bloomberg View, where he writes about topics such as bipartisanship, the American class divide, unemployment, and other economy-related issues. Orszag is currently an adjunct senior fellow at the Council on Foreign Relations. He resides and works in New York City.
Prior to becoming Vice Chairman of Global Banking at Citigroup, Peter Orszag served as the 37th Director of the Office of Management and Budget (OMB) under President Barack Obama, who nominated him to the position. He served as the Director from November 2008 through August 2010, after which he took his current position.
Orszag also served as the Director of the Congressional Budget Office (CBO) from January 2007 until November of 2008.
From 2001-2007, Orszag was a senior fellow at the Brookings Institution, where he headed the Hamilton Project and the Retirement Security Project.
He was a lecturer at UC Berkley in macroeconomics in 1999 and 2000.
Before this, he worked in the Clinton administration as Senior Economist and Senior Adviser on the Council of Economic Advisers in 1995 and 1996, and as Special Assistant to the President for Economic Policy in 1997 and 1998.
Orszag previously held an Op-Ed column for the New York Times, writing about the deficit, Social Security, health care, and other opinion pieces.
Orszag graduated Philips Exeter Academy with high honors in 1987 and went on to earn a B.A. in economics and graduated summa cum laude from Princeton University.
Following, Orszag attended the London School of Economics, earning a master’s of science in 1992, and his Ph.D. in 1997.
Peter Orszag was a Marshall Scholar in 1991 and 1992, as well as a member of Phi Beta Kappa honor society.
Interests and Personal Life
Orszag has focused on issues such as health care reform, social security, public policy, global economics, and foreign relations throughout his career.
He has also written several books and papers regarding economics.
Orszag is an avid runner and participates in marathons. He is married to ABC News’ Bianna Golodryga.