Phillip Swagel

Economist; Director of the Congressional Budget Office

American New York City, New York, U.S. Gemini

Quick Info

ProfessionEconomist; Director of the Congressional Budget Office
NationalityAmerican
Date of Birth08/06/1966
Age60 years
BirthplaceNew York City, New York, U.S.
Zodiac SignGemini

Latest News about Phillip Swagel

02/10/2026

CBO published a speaking-engagement update listing Phillip Swagel as the agency’s director. The item confirms he remained active in the post through early October 2026.

03/06/2025

Phillip Swagel continued serving as the Director of the Congressional Budget Office during 2025, with CBO materials in 2025 and 2026 identifying him in that role. His second term, which began on 27/07/2023, was described by House Budget Committee materials as running through 03/01/2027.

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Bio/Wiki

Known forDirector of the Congressional Budget Office
Current role10th Director of the Congressional Budget Office
Term start03/06/2019
Second term start27/07/2023

Educational Qualification(s)

UndergraduateA.B. in economics, Princeton University
DoctoratePh.D. in economics, Harvard University

Career

Current positionDirector of the Congressional Budget Office
Previous roles
  • Assistant Secretary for Economic Policy at the U.S. Treasury Department
  • Chief of Staff and Senior Economist at the Council of Economic Advisers
  • Economist at the Federal Reserve Board
  • Economist at the International Monetary Fund
  • Professor at the University of Maryland School of Public Policy
  • Faculty member at Northwestern University
  • Faculty member at the University of Chicago Booth School of Business
  • Faculty member at Georgetown University McDonough School of Business
Areas of researchFinancial market reform; international trade policy; China’s role in the global economy

Some Lesser Known Facts

1. He was appointed to a second term as CBO Director in 2023.
2. His Treasury service included work on economic issues related to the financial crisis and the Troubled Asset Relief Program.
3. He has taught at multiple universities in addition to serving in government roles.

Also born on 8 June

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