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Jared Bernstein

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Jared Bernstein
Jared Bernstein 2024.png
Basic facts
Organization:Joe Biden's Cabinet
Role:Chairman of the Council of Economic Advisers
Affiliation:Democratic
Education:• Manhattan School of Music
• Hunter College
• Columbia University


Jared Bernstein was the chairman of the Council of Economic Advisers in the Biden administration from 2021 to 2025. The Senate confirmed Bernstein on June 13, 2023, by a vote of 50-49. Click here to learn more about his confirmation process.

Bernstein received a bachelor's degree from the Manhattan School of Music in 1978. Following his graduation, Bernstein played double bass in jazz bands in New York City and internationally.[1] In 1986, Bernstein received a master's degree in social work from Hunter College and then worked as a social worker in New York City. Bernstein received a doctorate in social welfare from Columbia University in 1996.[2][3][4]

For most of the time from 1992 to 2008, Bernstein worked at the Economic Policy Institute, a think tank seeking to "counter rising inequality, low wages and weak benefits for working people, slower economic growth, unacceptable employment conditions, and a widening racial wage gap."[5][6] From 1995 to 1996, Bernstein worked as a deputy chief economist in the U.S. Department of Labor during the Clinton administration.[7] During his time at the Economic Policy Institute, Bernstein authored several books including All Together Now: Common Sense for a Fair Economy (2006) and Crunch: Why Do I Feel So Squeezed? (and Other Unsolved Economic Mysteries) (2008).[8][9]

During the Obama administration, then-Vice President Joe Biden (D) selected Bernstein to serve as his chief economist and economic policy advisor.[7] Bernstein served in this role from 2009 to 2011.[10] Bernstein then worked as a senior fellow at the Center on Budget and Policy Priorities through 2020.[11] In January 2021, Biden selected Bernstein to serve on the Council of Economic Advisers (CEA) in the Biden administration. Bernstein served as a member of the CEA until June 2023, when he was confirmed to serve as CEA chairman following Cecilia Rouse's resignation.[12]

In an interview with Pitchfork Economics, Bernstein said he chose to work in the field of economics "because [he thought] that an economy that is failing to reach the people who need it most is a huge problem. And an economy that’s reaching folks who would otherwise be left behind is [his] life’s work."[13]

The CEA is an executive agency that, according to the White House, "is charged with offering the President objective economic advice on the formulation of both domestic and international policy."[14] Each year, the CEA publishes an annual economic report, titled Economic Report of the President, which "provides an overview of the nation’s economic progress with text and extensive data appendices."[15] The 2024 report highlighted the Biden administration's public investments in infrastructure, private investments in infrastructure, American manufacturing, job creation, deficit reduction, and reducing household costs related to prescription drugs, housing, childcare, and student loans.[16]

Biography

Bernstein received a bachelor's degree from the Manhattan School of Music, a master's degree in social work from Hunter College, and a doctorate in social welfare from Columbia University. In 1992, Bernstein began working at the Economic Policy Institute. In 1995, he served in the Clinton administration as a deputy chief economist for the Department of Labor.[17][18]

Bernstein also served as chief economist and economic adviser to then-Vice President Joe Biden (D) in the Obama administration.[12]

Career

Below is an abbreviated outline of Bernstein's academic and professional career:

  • 2023-2025: Chair, Council of Economic Advisers
  • 2011-2021: Senior fellow, Center on Budget and Policy Priorities
  • 2009-2011: Chief economist, Vice President Joe Biden
  • 1995-1996: Chief deputy economist, U.S Department of Labor


Nomination for chairwoman of the Council of Economic Advisers

See also: Joe Biden presidential transition and Confirmation process for Jared Bernstein for chair of Council of Economic Advisers
Joe Biden's Cabinet
Candidate: Jared Vernstein
Position: Chair of the Council of Economic Advisers
ApprovedaAnnounced:February 14, 2023
ApprovedaHearing:April 18, 2023
ApprovedaCommittee:Banking, Housing, and Urban Affairs
ApprovedaReported:Favorable (12-11)
ApprovedaConfirmed:June 13, 2023
ApprovedaVote:50-49

The Senate Banking, Housing, and Urban Affairs Committee held Bernstein's confirmation hearing on April 18, 2023. The Senate confirmed Bernstein on June 13, 2023, by a vote of 50-49.

Summary of Senate vote on Jared Bernstein's nomination for chair of the Council of Economic Advisors (June 13, 2023)
Party Votes for Votes against Not voting
Democratic Party Democrats 47 1 0
Republican Party Republicans 0 48 1
Grey.png Independents 3 0 0
Totals 50 49 1


Click on the following table to view the full roll call.


Recent news

The link below is to the most recent stories in a Google news search for the terms Jared Bernstein. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

See also

Footnotes

  1. Newspapers.com, "Article clipped from The Item of Millburn and Short Hills," November 10, 2011
  2. Social Work at Hunter, "Biden Appoints Hunter Grad to Top Advisory Post in the White House," accessed September 4, 2024
  3. Reuters, "Bernstein, Biden's chief economist pick, big backer of 'worker power,'" February 14, 2023
  4. Columbia School of Social Work, "Jared Bernstein," accessed September 4, 2024
  5. Economic Policy Institute, "About," accessed December 10, 2024
  6. Economic Policy Institute, "Congrats to Jared Bernstein," December 1, 2008
  7. 7.0 7.1 Office of the President-Elect, "Vice President-elect Biden announces Chief Economist and Economic Policy Advisor," accessed September 4, 2024
  8. The New York Times, "Excerpts From 'All Together Now: Common Sense for a Fair Economy' by Jared Bernstein," July 19, 2006
  9. Publishers Weekly, "Crunch: Why Do I Feel So Squeezed? (and Other Unsolved Economic Mysteries)," accessed September 4, 2024
  10. The New York Times, "Jared Bernstein," accessed September 4, 2024
  11. The Hamilton Project, "Jared Bernstein," accessed September 4, 2024
  12. 12.0 12.1 White House, "President Biden Announces Key Members of his Economic Team," February 14, 2023
  13. Pitchfork Economics, "The Future of Bidenomics (with Jared Bernstein)," February 13, 2024
  14. White House, "About," accessed September 4, 2024
  15. White House, "Economic Report of the President," accessed September 4, 2024
  16. White House, "Economic Report of the President," March 2024
  17. Cite error: Invalid <ref> tag; no text was provided for refs named announce
  18. GBH, "Jared Bernstein," accessed August 29, 2024
Political offices
Preceded by
Cecilia Rouse (R)
Chair of the Council of Economic Advisors
2023-present
Succeeded by
-