Counselor to the Secretary on International Affairs
David Lipton serves as Counselor to the Secretary on International Affairs. Before this term at Treasury, Lipton served as First Deputy Managing Director of the International Monetary Fund. Before his time at the IMF, Lipton was Special Assistant to President Obama, and served as Senior Director for International Economic Affairs at the National Economic Council and National Security Council at the White House. Lipton previously worked at Citi, where he was Managing Director and Head of Global Country Risk Management, Moore Capital Management, and the Carnegie Endowment for International Peace. Lipton served in the Clinton Administration at the Treasury Department from 1993 to 1998 as Under Secretary of the Treasury for International Affairs, and before that as Assistant Secretary. Lipton helped lead the Treasury’s response to the financial crisis in Asia and the effort to modernize the international financial architecture. Before joining the Clinton administration, Lipton was a fellow at the Woodrow Wilson Center of Scholars. Early in his career, Lipton teamed up with Professor Jeffrey Sachs at Harvard University, working as economic advisers to the governments of Russia, Poland and Slovenia during their transitions to capitalism. Lipton began his career with eight years on the staff of the IMF, working on economic stabilization issues in emerging market and poor countries. Lipton earned a Ph.d. and M.A. from Harvard University and a B.A. from Wesleyan University.