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David Malpass Biography

David R. Malpass (born March 8, 1956) is an American economist who currently serves as Under Secretary of the Treasury for International Affairs. He previously served as Deputy Assistant Treasury Secretary under President Ronald Reagan, Deputy Assistant Secretary of State under President George H. W. Bush, and Chief Economist at Bear Stearns for the six years preceding its collapse. During the 2016 U.S. presidential election, Malpass served as an economic advisor to Donald Trump, and in 2017, he was nominated and subsquently confirmed as the undersecretary for international affairs in the United States Department of the Treasury.

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David Malpass Quotes

Already were seeing graduates of U. S. higher education going back to their home countries and contributing to societies there, where in the past they would have stayed in the U. S. and built new companies here. We have to have immigration reform that allows talented foreigners to become Americans.

Country, Home, Past, Stayed, Allows

Politicians are addicted to spending and revenue extraction. As with an addict, there's little pause for moral or legal contemplation.

Addict, Legal, Littles, Moral, Politician, Revenue

The tenth amendment said the federal government is supposed to only have powers that were explicitly given in the Constitution. I think the federal government's gone way beyond that. The Constitution never said that you could have a Federal Reserve that would have $2. 8 trillion in assets. We've gotten out of control.

Federal, Gone, Government, Reserve, Said, Thinking

It is more important what the jobs report shows in December and January -- that will affect how many rate hikes we'll have this spring.

Affect, December, Important, Jobs, Shows, Spring

To win elections, politicians have promised practically endless government spending and covered up the cost, leaving generations of taxpayers obligated to pay off the debt. Thats wrong, but neither the U. S. nor Europe has a plan to stop it.

Covered Up, Debt, Government, Promised, Stop, Winning

The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but dont fix the underlying problems.

Commitment, Derivatives, Powerful, Regulation, Swings, Unstable

When Congress legislates in haste, it often causes more problems than it solves. But Congress rarely reconsiders its mistakes.

Causes, Haste, Mistake, Mistakes, Problems, Rarely

John P. Marquand

John P. Marquand

Romain Rolland

Romain Rolland

Morgan Philpot

Morgan Philpot

Peter Hans Kolvenbach

Peter Hans Kolvenbach

Robert D. Arnott

Robert D. Arnott

Neil Turok

Neil Turok

Gordon R. England

Gordon R. England

Antoine Predock

Antoine Predock

Norah O'Donnell

Norah O'Donnell

John C. Dvorak

John C. Dvorak

Tedy Bruschi

Tedy Bruschi

Slim Dusty

Slim Dusty