Counselor to the Secretary
U.S. Department of the Treasury
Adam Lerrick has served as Counselor to the Secretary of the Treasury since June 2019. In this role, he advises the Secretary on policy initiatives, including international economic and financial stability issues. Previously, he served as Counselor to the Under Secretary for International Affairs. In addition to his role as Counselor, Mr. Lerrick served as the Acting United States Executive Director of the International Monetary Fund from September 2018 to May 2019.
From 2005 to 2018, Mr. Lerrick was a Visiting Scholar at the American Enterprise Institute. From 2001 to 2010, he was the Friends of Allan H. Meltzer Professor of Economics at the Tepper School of Business at Carnegie Mellon University.
From 2001 to 2007, Mr. Lerrick served as Advisor on International Economic Policy to the Joint Economic Committee of the United States Congress. He was also Advisor on International Economic Policy to the Majority Leader of the House of Representatives from 2001 to 2003.
Formerly head of product development for the international capital markets at the investment banks Salomon Brothers and Credit Suisse First Boston, Mr. Lerrick designed and executed pioneering instruments to meet the large scale financing needs of governments and financial institutions.
Mr. Lerrick holds a PhD in Economics with concentration in international finance and monetary economics from the Massachusetts Institute of Technology, where he was an Institute Scholar. He graduated from Princeton University summa cum laude in Economics and as a member of Phi Beta Kappa.