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Gene Sperling

Gene Sperling
Gene Sperling (National Economic Council).jpg
Director of the National Economic Council
In office
January 20, 2011 – March 5, 2014
President Barack Obama
Preceded by Larry Summers
Succeeded by Jeff Zients
In office
December 12, 1996 – January 20, 2001
President Bill Clinton
Preceded by Laura Tyson
Succeeded by Larry Lindsey
Personal details
Born (1958-12-24) December 24, 1958 (age 58)
Ann Arbor, Michigan, U.S.
Political party Democratic
Spouse(s) Allison Abner
Children 1 daughter
1 son
Education University of Minnesota, Twin Cities (BA)
Yale University (JD)
University of Pennsylvania (MBA)

Eugene B. "Gene" Sperling (born December 24, 1958) is an American economist, who was Director of the National Economic Council and Assistant to the President for Economic Policy under Presidents Bill Clinton and Barack Obama.

Sperling was born in Ann Arbor, Michigan, where he attended both Pioneer High School and Community High School, from which he received his degree. He received a B.A. in Political Science from the University of Minnesota in 1982, where he was Captain of the Men's Varsity Tennis Team, and a J.D. from Yale Law School in 1985, where he served as a Senior Editor of the Yale Law Journal. After graduating from Yale Law School, he attended business school at The Wharton School of the University of Pennsylvania.

Prior to joining the National Economic Council, Sperling served as Deputy Director of Economic Policy for the Presidential Transition and Economic Policy Director of the Clinton-Gore Presidential campaign. From 1990 to 1992, he was an economic advisor to Governor Mario Cuomo of New York.

Sperling served as Deputy Director (from 1993-1996) and then Director (from 1996-2001) of the National Economic Council during the Clinton administration. As deputy director from 1993-1996, Sperling helped design and pass several of President Clinton’s early initiatives, including 1993 Deficit Reduction Act, the expansion of the Earned Income Tax Credit, and the Direct Student Loan Act.

As director from 1996-2001, Sperling was a principal negotiator of the 1997 bipartisan Balanced Budget Act, was the architect of the Save Social Security First debt reduction strategy, and co-negotiated the final China WTO agreement in Beijing in 1999 with United States Trade Representative Charlene Barshefsky. He also played a leading role in the design and passage of other Clinton administration economic initiatives, including the Hope Scholarship Tax Credit, the New Markets Tax Credit, the Children’s Health Insurance Program, the Gear-UP Early College Mentoring program, expanded debt relief to poor nations, and stronger international protections against abusive child labor. Sperling worked with then-Treasury Secretary Lawrence Summers to negotiate protections for the Community Reinvestment Act in the Financial Modernization Act of 1999, also known as the Gramm-Leach-Bliley Act. These protections helped secure passage of the bill.


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