Michael Piwowar

Michael Piwowar
Commissioner of the Securities and Exchange Commission
In office
August 15, 2013 – July 7, 2018
President Donald Trump
Preceded by Mary Jo White
Succeeded by Jay Clayton
Personal details
Political party Republican
Education Pennsylvania State University, University Park (BA, PhD)
Georgetown University (MBA)

Michael Piwowar is a former American federal government official who served as a Commissioner on the Securities and Exchange Commission from 2013 until 2018.[1]

In 2014 Piwowar said that, at the time, he was one of only three Ph.D. economists to have served as an SEC commissioner, a rarity for a position dominated by lawyers.[2] After graduating with a Ph.D. from Penn State University, Piwowar taught at Iowa State University. In 2008–2009, Piwowar served in the president's Council of Economic Advisers. Then he moved to the Senate, where he was a staffer for Republican senators Mike Crapo and Richard Shelby. Like his Democratic colleague at the SEC, Kara Stein, who was also a Senate staffer, Piwowar helped write the 2010 Dodd–Frank Act.

During his time at the SEC, Piwowar has joined with his colleague and senior Republican Daniel Gallagher in dissenting to some of the agency's rules and enforcement actions.[3] Piwowar has asked to observe meetings of Washington's super-regulator, the Financial Stability Oversight Council (FSOC), and criticized it as an "unaccountable capital markets death panel" that lacks transparency.[4][5]

References

  1. ↑ "President Obama Announces More Key Administration Posts". whitehouse.gov. Retrieved 26 April 2015.
  2. ↑ Piwowar, Michael (2014-10-14). "Remarks to the Securities Enforcement Forum 2014". sec.gov. Retrieved 26 April 2015.
  3. ↑ "Dissenting From an SEC Windfall For Lawyers". The Wall Street Journal. November 10, 2014. Retrieved 26 April 2015.
  4. ↑ ElBoghdady, Dina (January 27, 2014). "SEC's turf threatened, Commissioner Michael Piwowar says". The Washington Post. Retrieved 26 April 2015.
  5. ↑ Piwowar, Michael (July 15, 2014). "Remarks at AEI Conference on Financial Stability". Retrieved 26 April 2015.
Political offices
Preceded by
Mary Jo White		 Chair of the Securities and Exchange Commission
Acting
2017–2017		 Succeeded by
Jay Clayton
Nominee
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