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Expert Bio
Heidi Crebo-Rediker is an adjunct senior fellow at the Council on Foreign Relations, specializing in international political economy, U.S. economic competitiveness, infrastructure policy, and women in the global economy. She is also a partner at International Capital Strategies, a boutique advisory firm, and a general partner at America’s Frontier Fund.
Crebo-Rediker served as the State Department's first chief economist. Appointed to this assistant secretary-level position by then Secretary of State Hillary Clinton as a centerpiece of her economic statecraft initiative, Crebo-Rediker provided advice and analysis to the secretary on foreign policy issues with a significant economic or financial component.
Previously, Crebo-Rediker was chief of international finance and economics for the Senate Committee on Foreign Relations, following nearly two decades in Europe as a senior investment banker. In the Senate, she advised on a range of international and domestic economic and financial issues, in particular related to the global financial crisis, the International Monetary Fund, and multilateral development banks. During her time in the Senate, she was also the architect of bipartisan national infrastructure bank legislation (S.652) introduced in March 2011 and included in President Obama's American Jobs Act.
Over her investment banking career, she managed businesses including European and emerging-markets debt-capital markets and sovereign, supranational, and public-sector banking. She managed public and private financing for governments, corporations, and banks, and related advisory work.
Crebo-Rediker was named one of the Wall Street Journal Europe's Top 25 Women in Business. She holds degrees from Dartmouth College and the London School of Economics and Political Science.
Affiliations:
- International Capital Strategies, partner
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America’s Frontier Fund, general partner
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A U.S. default would send a shock through the global economy and risk the credibility of the U.S. dollar. It would also alarm U.S. allies while presenting a gift to its adversaries.
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The Pittsburgh bridge collapse reminds us again that infrastructure investment is vital for safety and drives competitiveness, productivity, efficiency, connectivity, resilience, and jobs.
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Paving the road to 2020, Congress will need to steer the course and avoid potholes in 2019.
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A bipartisan deal on infrastructure seems doable—but with the devil in the details, it is much harder than it looks.
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