Phillip Swagel

Phillip Lee Swagel is an American economist who is currently the director of the Congressional Budget Office. As Assistant Secretary of the Treasury for Economic Policy from 2006 to 2009, he played an important role in the Troubled Asset Relief Program that was part of the U.S. government's response to the 2008 financial crisis. He was recently a professor in International Economics at the University of Maryland School of Public Policy, a non-resident scholar at the American Enterprise Institute, senior fellow at the Milken Institute, and co-chair of the Bipartisan Policy Center's Financial Regulatory Reform Initiative. Educated at Princeton University and Harvard University, Swagel has taught economics at Northwestern University, the University of Chicago Booth School of Business, and Georgetown University's McDonough School of Business, in addition to Maryland.

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