Phillip Swagel, an economist and academic, was assistant secretary for economic policy at the Treasury Department from 2006 to 2009, where he was responsible for analysis on a wide range of economic issues, including policies relating to the financial crisis and the Troubled Asset Relief Program. He has also served as chief of staff and senior economist at the White House Council of Economic Advisers and as an economist at the Federal Reserve Board and the International Monetary Fund. He is concurrently a professor of international economics at the University of Maryland’s School of Public Policy.  He has previously taught at Northwestern University, the University of Chicago‚Äôs Booth School of Business, and Georgetown University. Mr. Swagel works on both domestic and international economic issues at AEI.  His research topics include financial markets reform, international trade policy, and the role of China in the global economy.


  • Professor, international economics, University of Maryland, January 2011-present
  • Visiting Professor and Director, Center for Financial Institutions, Policy, and Governance, McDonough School of Business, Georgetown University, 2009-2011
  • Adjunct Professor of Economics, Booth School of Business, University of Chicago, 2005, 2006, 2009
  • Assistant Secretary for Economic Policy, U.S. Department of the Treasury, 2006-2009
  • Resident Scholar, AEI, 2005-2006
  • Chief of Staff, 2002-2005; Senior Economist, 2000-2001, White House Council of Economic Advisers
  • Economist, International Monetary Fund, 1996-2002
  • Visiting Assistant Professor, Northwestern University, 1994-96
  • Economist, Federal Reserve Board, 1992-95


Ph.D., M.A., economics, Harvard University
B.A., economics, Princeton University