Michael Froman

President, Council on Foreign Relations

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Michael Froman is president of the Council on Foreign Relations (CFR). He previously served as vice chairman and president, strategic growth, at Mastercard, chairman of the Mastercard Center for Inclusive Growth, and a distinguished fellow at CFR. 

Ambassador Froman served in President Barack Obama’s cabinet as the U.S. trade representative from June 2013 to January 2017. Major initiatives under his leadership included the conclusion of the Trans-Pacific Partnership agreement in the Asia Pacific and negotiations toward a Transatlantic Trade and Investment Partnership with the European Union; the negotiation of agreements on trade facilitation, agriculture and information technology products at the World Trade Organization; the monitoring and enforcement of U.S. trade rights; and congressional passage of Trade Promotion Authority, the African Growth and Opportunity Act, the Generalized System of Preferences program, and the Trade Facilitation and Trade Enforcement Act.

From January 2009 to June 2013, Froman served at the White House as assistant to the president and deputy national security advisor for international economic affairs, where he was responsible for coordinating policy on international trade, finance, energy, climate change, and development issues. He served as the U.S. sherpa for the Group of Twenty and Group of Eight Summits and staffed the president for the APEC Leaders Meetings. In addition, he chaired or co-chaired the Major Economies Forum on Energy and Climate, the Transatlantic Economic Council, the U.S.-India CEO Forum, and the U.S.-Brazil CEO Forum. He played a leading role in the launch of several of the Obama administration’s development initiatives, including Power Africa and Trade Africa.

Prior to joining the Obama administration, Froman served in a number of roles at Citigroup, including as chief executive officer of its international insurance business, chief operating officer of its alternative investments business, and head of its infrastructure investment business. He also has served as a senior fellow at the Council on Foreign Relations and a resident fellow at the German Marshall Fund.

In the 1990s, Froman spent seven years in the U.S. government. He served as chief of staff and deputy assistant secretary for Eurasia and the Middle East at the U.S. Department of Treasury. He also worked at the White House, where he served as a director for international economic affairs at the National Security Council and National Economic Council.

Dr. Froman received a bachelor’s degree in public and international affairs from Princeton University, a doctorate in international relations from Oxford University, and law degree from Harvard Law School, where he was an editor of the Harvard Law Review.

He has published a book and several articles on international relations, international law and trade. He has received numerous fellowships and scholarships, including a White House Fellowship, a Ford Foundation Fellowship in International Law, a Social Science Research Council/MacArthur Foundation Fellowship in International Peace and Security, and a Fulbright Scholarship. In 2016, he was selected by Fortune magazine as one of “The World’s 50 Greatest Leaders” and by Politico as one of the “50 thinkers, doers and visionaries shaping American politics in 2016.”

Froman was born in California. He, his wife, Nancy Goodman, and their two children, Benjamin and Sarah, currently reside in Washington, DC.

 

affiliations

  • General Atlantic, member, Advisory Board
  • Indo-Pacific Partnership for Prosperity, Steering Committee Member

  • Thomson Reuters Founders Share Company, Trustee

  • Walt Disney Company, member, board of directors

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  • Climate Change

    John Kerry discusses his work as U.S. special presidential envoy for climate, the challenges the United States faces, and the Biden administration’s priorities as it continues to address climate change.
  • Ukraine

    As the two-year mark of the Russian invasion of Ukraine approaches, U.S. Deputy Treasury Secretary Wally Adeyemo discusses the U.S. coalition’s sanctions strategy, its effectiveness, and the challenges that remain.The C. Peter McColough Series on International Economics brings the world’s foremost economic policymakers and scholars to address members on current topics in international economics and U.S. monetary policy. This meeting series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies.
  • Iran

    In a collaboration between CFR and Open to Debate, panelists debate the threat of Iran to global security. Did Biden’s diplomacy fail? Can Israel live with a nuclear Iran? Does Iran pose a challenge to the global order? Open to Debate is the nation’s only nonpartisan, debate-driven media organization dedicated to bringing multiple viewpoints together for a constructive, balanced, respectful exchange of ideas. Open to Debate is a platform for intellectually curious and open-minded people to engage with others holding opposing views on complex issues.
  • United States

    Austan Goolsbee of the Federal Reserve Bank of Chicago discusses the U.S. economy and monetary policy. The C. Peter McColough Series on International Economics brings the world’s foremost economic policymakers and scholars to address members on current topics in international economics and U.S. monetary policy. This meeting series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies.
  • Trade

    Ambassador Katherine Tai discusses the role of trade policy in the global economy, current U.S. trade strategy, and priorities for the WTO Ministerial Conference. The C. Peter McColough Series on International Economics brings the world’s foremost economic policymakers and scholars to address members on current topics in international economics and U.S. monetary policy. This meeting series is presented by the Maurice R. Greenberg Center for Geoeconomic Studies.
  • China

    National Security Advisor Jake Sullivan discusses U.S.-China relations and the Biden administration’s policy priorities for the relationship going forward. This event is co-organized by the 21st Century China Center at UC San Diego’s School of Global Policy and Strategy, as part of its annual China Forum.
  • Technology and Innovation

    Gideon Rose celebrates the winners of this year’s Arthur Ross Book Award: Chris Miller, Susan L. Shirk, and Daniel Treisman. The program includes an award ceremony with each winner, and a discussion with Chris Miller on how critical technology is shaping the global balance of power.
  • Climate Change

    Moody's Corporation President and CEO Rob Fauber discusses the evolution of risk management and how seemingly isolated issues, including economic instability, geopolitical uncertainty, extreme weather events, and other global challenges, intersect to create an increasingly interconnected and complex risk environment. The CEO Speaker Series is a unique forum for leading global CEOs to share their insights on issues at the center of commerce and foreign policy, and to discuss the changing role of business globally. ZOOM LOG-IN INFORMATION: https://cfr.zoom.us/j/86966858228 Meeting ID: 869 6685 8228 Passcode: 859344 Back-up Dial-in: +1.646.558.8656
  • United States

    Henry Wallace is the most important, and certainly the most fascinating, almost-president in American history. As FDR’s third-term vice president, and a hero to many progressives, he lost his place on the 1944 Democratic ticket in a wild open convention, as a result of which Harry Truman became president on FDR’s death. Books, films, and even plays have since portrayed the circumstances surrounding Wallace’s defeat as corrupt, and the results catastrophic. Based on striking new finds from Russian, FBI, and other archives, Benn Steil’s The World That Wasn’t paints a decidedly less heroic portrait of the man, of the events surrounding his fall, and of the world that might have been under his presidency.
  • Ukraine

    Europe is looking at how domestic political issues in America are affecting aid to Ukraine, and is itself divided on this issue:  Is it possible that the US will stop funding Ukraine? “Our politic…
  • Conflict Prevention

    Panelists discuss potential and ongoing crises that may erupt or escalate in 2024, as well as their global political implications. This event will explore the results of the 2024 Preventive Priorities Survey, which will be available on CFR’s website on Thursday, January 4, 2024.
  • China

    Forty-five years after the United States and China formalized relations, Minister Liu Jianchao discusses the two countries’ current relationship and the implications of the recent meeting between their respective leaders, Joe Biden and Xi Jinping, for global stability and cooperation.

Top Stories on CFR

Ukraine

Miriam Elder, the Edward R. Murrow press fellow at CFR, and Carla Anne Robbins, a senior fellow at CFR and co-host of CFR’s The World Next Week podcast, sit down with James M. Lindsay to discuss where the war between Russia and Ukraine is headed as it enters its third year. 

Palestinian Territories

The leading UN aid agency for Palestinian refugees is engulfed in allegations that twelve of its employees were involved in the Hamas attacks on southern Israel. The agency faces severe funding cutbacks, with huge consequences for hundreds of thousands of Palestinians. 

United States

New U.S. Census Bureau data shows the United States importing more goods from Mexico than from China. Will the shift change the global trading landscape?