News Release

Alice Rivlin To Rejoin the Brookings Institution

June 3, 1999

Alice M. Rivlin, who is leaving her post as Vice Chair of the Board of Governors of the Federal Reserve System later this summer, will return to the Brookings Institution, a non-partisan think tank performing public policy research and analysis, Brookings President Michael H. Armacost announced today.

At Brookings, Rivlin will serve as senior fellow in the Economic Studies program, beginning in July. Beginning in December, she will also occupy the Adeline M. and Alfred I. Johnson Chair in Urban and Metropolitan Policy.

Rivlin has been associated with Brookings on three previous occasions, from 1957-66, 1969-75, and 1983-93. She served as director of Economic Studies at Brookings from 1983-87.

“We are extremely happy that one of the great stars of our Economic Studies program is returning to Brookings to resume her scholarly pursuits” Armacost declared. “We are delighted to have Alice Rivlin again applying her extensive knowledge of economics, the governing process, and urban issues to the Brookings mission of encouraging an informed discussion of important public policy issues.”

Before her appointment to the Federal Reserve Board, Rivlin served as Director of the White House Office of Management and Budget from 1994-96, after two years as Deputy Director.

Her government service also includes tours as founding Director of the Congressional Budget Office and Assistant Secretary of the Department of Health, Education, and Welfare. She is currently Chair of the Financial Assistance Authority in Washington D.C., overseeing efforts to restore the city?s fiscal health, and she will continue in that office in addition to her Brookings activities. Rivlin has taught at Harvard and George Mason Universities.

Rivlin is the author of a number of books on the U.S. economy, the budget, and public decision-making. Her most recent volume is Reviving the American Dream: The Economy, the States, and the Federal Government, published by Brookings in 1992.

About Brookings

The Brookings Institution is a nonprofit organization based in Washington, D.C. Our mission is to conduct in-depth, nonpartisan research to improve policy and governance at local, national, and global levels.