Glenn Hubbard

Government Hubbard was Deputy Assistant Secretary at the U.S. Department of the Treasury from 1991 to 1993.

From February 2001 until March 2003, Hubbard was chairman of the Council of Economic Advisors under President George W. Bush. A supply-side economist, he was instrumental in the design of the 2003 Bush Tax cuts.

Political advisor Hubbard served as economic advisor to the 2012 presidential campaign of Mitt Romney, a position he also held during Romney's 2008 presidential campaign. In August 2012, Politico identified Hubbard as "a likely Romney appointee as Federal Reserve chairman or Treasury secretary". After Donald Trump became the presumptive Republican nominee, Hubbard was mentioned as a potential Treasury secretary (which eventually went to Steven Mnuchin), and also as a potential Fed chair (which eventually went to Jerome Powell). In August 2016, Hubbard declined to say which candidate he supported in the general election, but did say that Trump's taxation plans and their impact on economic growth were in a "direction" somewhat better than Clinton's plans. Hubbard criticized Trump's plans on trade and immigration for their predicted economic impact.

Other Hubbard serves as co-chair of the Committee on Capital Markets Regulation.

Hubbard is a member of the Board of Directors of Automatic Data Processing, Inc., BlackRock Closed-End Funds, Capmark Financial Corporation, Duke Realty Corporation, KKR Financial Corporation, The TIFIN Group LLC and Ripplewood Holdings. He is also a Director or Trustee of the Economic Club of New York, Tax Foundation, Resources for the Future, Manhattan Council and Fifth Avenue Presbyterian Church, New York, and a member of the Advisory Board of the National Center on Addiction and Substance Abuse... Director of MetLife and Metropolitan Life Insurance Company since February 2007. Duke Realty Ripplewood Holdings MetLife Inc. FiscalNote

On January 8, 2019, he was appointed to become MetLife's non-executive chairman of the board as of May 1, 2019, upon the retirement of Steven A. Kandarian.

Inside Job interview and aftermath Hubbard was interviewed in Charles Ferguson's Oscar-winning documentary film, Inside Job (2010), discussing his advocacy, as chief economic advisor to the Bush administration, of deregulation. Ferguson argues that deregulation led to the 2008 financial crisis sparked by the bankruptcy of Lehman Brothers and the sale of Merrill Lynch. In the interview, Ferguson asks Hubbard to enumerate the firms from whom he receives outside income as an advisory board member in the context of possible conflict of interest. Hubbard, hitherto cooperative, declines to answer and threatens to end the interview with the remark, "You have three more minutes; give it your best shot." After the release of the film, Columbia ramped up ongoing efforts to strengthen and clarify their conflict of interest disclosure requirements.

Books

Hubbard is the author of a number of economic and socioeconomic texts, with a focus on deregulation, conservative fiscal policy and taxation. In 2009, he wrote and published The Aid Trap with economist William Duggan Columbia University Press, criticizing the aid system provided by NGOs in western countries as preventing internal growth in poorer nations. In 2013, he published Balance with former intelligence officer and economist Tim Kane.

Columbia Business School (CBS) Follies Hubbard is also frequently featured in skits by Columbia Business School's "Follies" group, ranging from videos of him monitoring students on classroom video cameras to songs about his relationship with presidential candidate Mitt Romney. Hubbard has also publicized his dissatisfaction with Ben Bernanke's nomination as Chair of the Federal Reserve with his comedic YouTube parody of The Police's "Every Breath You Take", titled "Every Breath Bernanke Takes".