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EXCHEQUER CLUB

of Washington, D.C.

The Exchequer Club of Washington D.C. is a group of individuals whose primary professional interest is in the field of national economic and financial policy. Our membership includes more than 300 senior professionals from trade associations, federal regulatory agencies, law firms, Congressional committees, and the national press.

Our Current Officers

Faith Schwartz, Chancellor
Paul Thornell, Vice Chancellor
Rob Blackwell, Recorder
Lisa Peto, Bursar
Matt Cameron, Director At Large
Laricke Blanchard, Immediate Past Chancellor

February 19, 2025 Exchequer Club Meeting

Dear Exchequer Club Members:

Mark A. Calabria, Senior Advisor, Cato Institute, will be our guest speaker at the Exchequer Club meeting on Wednesday, February 19, 2025.

Mark A. Calabria is a senior advisor to the Cato Institute. He provides strategic input and direction on the federal economic policymaking process. He previously served as director of financial regulation at the Cato Institute, where he cofounded Cato’s Center for Monetary and Financial Alternatives.

Calabria is the former director of the Federal Housing Finance Agency, which regulates and supervises Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. During his service at the agency, Calabria led the response to COVID-19, as well as laid the groundwork for a removal of Fannie Mae and Freddie Mac from government conservatorship.

Prior to his heading of the Federal Housing Finance Agency, Calabria served as chief economist to Vice President Mike Pence. In that role, he led the vice president’s work on taxes, trade, labor, financial services, manufacturing, and general economic issues, including serving as a key member of the team that enacted the Tax Cuts and Jobs Act of 2017 and on the team that crafted the United States-Mexico-Canada trade agreement. Calabria served as the vice president’s primary representative for the U.S.-Japan Economic Dialogue.

Calabria served as a senior aide to the U.S. Senate Committee on Banking, Housing, and Urban Affairs under chairs Richard Shelby and Phil Gramm. During his Senate service, he acted as the primary drafter of the Housing and Economic Recovery Act of 2008, which established a stronger regulatory framework for the government-sponsored housing enterprises. He also led the banking committee’s response to Hurricane Katrina, as well as its work on the Shelby-Dodd Flood Insurance Reform and Modernization Act of 2008, which served as the basis for the Biggert-Waters Flood Insurance Reform Act of 2012.

Prior to his Senate service, Calabria served as the deputy assistant secretary for regulatory affairs in the Office of Housing at the U.S. Department of Housing and Urban Development. Calabria has also held positions with Harvard University’s Joint Center for Housing Studies, the National Association of Realtors, and the National Association of Home Builders. He holds a doctorate in economics from George Mason University.

 

 

Future Speakers

February 19, 2025 – Mark A. Calabria, Senior Advisor, Cato Institute