Gene Sperling

President of Sperling Economic Strategies


Gene Sperling is a consultant to PIMCO on U.S. economic policy issues. He contributes policy views and insights to the firm’s investment process and engages with clients around the world. Currently the president of Sperling Economic Strategies, he was previously director of the National Economic Council and Assistant to the President for Economic Policy under both President Clinton and President Obama; he is the first person to serve as NEC Director and principal White House economic policy advisor for two different presidents. In the Obama administration, he played a key role representing the White House in budget negotiations with Congress, was instrumental in passage of the payroll tax cut and low-income tax credits and served as the White House point person on key economic issues including skills, housing finance, manufacturing, small business, addressing long-term unemployment and college access. In the Clinton administration, he played a key role in passage of 1993 Deficit Reduction Act, was a principal negotiator in the 1997 Bipartisan Balanced Budget agreement, co-led the final negotiation for the China WTO agreement and was instrumental in the expansion of the Earned Income Tax Credit, New Markets Tax Credit, Direct Student Lending, Children's Health Insurance Program and debt relief and anti-child-labor efforts in poor nations. Prior to joining the Obama administration, he was the founder and director of the Center for Universal Education, dealing with education for girls and boys in developing nations at the Council on Foreign Relations and the Brookings Institution, and also senior fellow for the Center for American Progress. He is co-author of the books "The Pro-Growth Progressive: An Economic Strategy for Shared Prosperity" and, recently, "What Works in Girls' Education: Evidence for the World's Best Investment" (with a foreword by Nobel laureate Malala Yousafzai). He holds an undergraduate degree in political science from the University of Minnesota and a law degree from Yale Law School, and he also attended The Wharton School of the University of Pennsylvania.