Senior Fellow, Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute
Peter J. Wallison holds the Arthur F. Burns Chair in Financial Policy Studies and is co-director of AEI’s program on Financial Policy Studies. Prior to joining AEI, he practiced banking, corporate and financial law at Gibson, Dunn & Crutcher in Washington, D.C., and New York. Mr. Wallison has held a number of government positions. From June 1981 to January 1985, he was General Counsel of the United States Treasury Department, where he had a significant role in the development of the Reagan Administration's proposals for deregulation in the financial services industry. During 1986 and 1987, Mr. Wallison was White House counsel to President Ronald Reagan, and between 1972 and 1976, he served first as Special Assistant to New York's Gov. Nelson A. Rockefeller and, subsequently, as counsel to Mr. Rockefeller as vice president of the United States.
Mr. Wallison was admitted to practice before the courts of New York and the District of Columbia, and is retired from practice in New York. He continues to be a member of the District of Columbia Bar Association. He received his undergraduate degree from Harvard College in 1963 and law degree from Harvard Law School in 1966.
Mr. Wallison is the author of Ronald Reagan: The Power of Conviction and the Success of His Presidency, published in December 2002 by Westview Press. On campaign finance, he is the author (with Joel Gora) of Better Parties, Better Government, (AEI Press 2009). On financial or regulatory matters, he is the author of Back From the Brink, a proposal for a private deposit insurance system, and co-author of Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac; The GAAP Gap: Corporate Disclosure in the Internet Age; Competitive Equity: A Better Way to Organize Mutual Funds; Bad History, Worse Policy: How a False Narrative about the Financial Crisis Led to the Dodd-Frank Act (AEI Press 2013); and Hidden In Plain Sight: What Caused the World’s Worst Financial Crisis and Why it Could Happen Again (Encounter Books 2015). His most recent book is Judicial Fortitude: The Last Chance to Rein in the Administrative State, published by Encounter Books in October 2018.
He testifies frequently before committees of Congress, and is a frequent contributor to the op-ed pages of the Wall Street Journal and other print and online journals. He has also been a speaker at many conferences on financial services, housing, the causes of the financial crisis, the Dodd-Frank Act, accounting, and corporate governance, and was a member of the Shadow Financial Regulatory Committee between 1995 and 2015. He was a member of the SEC Advisory Committee on Improvements to Financial Reporting (2008), co-Chair of the Pew Financial Reform Task Force (2009), and a member of the congressionally- appointed Financial Crisis Inquiry Commission (2009-2011). In May 2011, for his work in financial policy, Mr. Wallison received an honorary doctorate in Humane Letters from the University of Colorado.
Author and FoxNews.com Contributor
John R. Lott, Jr. is an economist who has held research and/or teaching positions at the University of Chicago, Yale University, Stanford, UCLA, Wharton, and Rice and was the chief economist at the United States Sentencing Commission during 1988 and 1989. He has published over 100 articles in academic journals. He also is the author of six books including More Guns, Less Crime, Freedomnomics, The Bias Against Guns, and Are Predatory Commitments Credible? He has just released another book entitled "Debacle: Obama's war on jobs and growth and what we can do now to regain our future." Lott is a FoxNews.com contributor and a weekly columnist for them. Opinion pieces by Prof. Lott have appeared in such places as The Wall Street Journal, The New York Times, The Los Angeles Times, the New York Post, USA Today, and The Chicago Tribune. He has appeared on such television programs as the ABC and NBC National Evening News broadcasts, Fox News, "The NewsHour with Jim Lehrer," and the "Today Show." He received his Ph.D. in economics from UCLA in 1984.
Emeritus Professor of Law, UC Hastings College of Law
Professor Joseph Grodin, a native Californian, received his B.A. with honors from UC Berkeley in 1951 and his J.D. cum laude from Yale Law School in 1954. Upon graduation from law school he traveled to England on a Fulbright grant and earned a Ph.D. in labor law and labor relations from the London School of Economics.
Professor Grodin practiced law in San Francisco from 1955 to 1971, specializing in labor law and serving pro bono in a variety of civil rights and civil liberties matters. During portions of that period he taught as an adjunct professor at UC Hastings and a visiting professor at the University of Oregon Law School. Active in bar affairs, he served as chairman of the labor law section of the San Francisco Bar Association and as a member of the State Bar Committee on Legal Services.
From 1972 to 1979 Professor Grodin was a full-time professor at UC Hastings, teaching courses in labor law, employment discrimination, arbitration, and contracts. During portions of that period he served as a member of the first Agricultural Labor Relations Board, as foreman of the Alameda County Grand Jury, and as a visiting professor at Stanford Law School.
In 1979, Professor Grodin was appointed Associate Justice of the California Court of Appeal; in 1981, he was elevated to presiding justice of that court, and in 1982 was appointed Associate Justice of the California Supreme Court, a position he held until January 1987. Upon leaving the court, Professor Grodin returned to the UC Hastings faculty. He retired from full-time teaching in May 2005. He continues to teach part-time and to do arbitration and mediation work.
Professor Grodin is the author of numerous scholarly books and articles. He is particularly proud, however, of a book on hiking trails in the Silver Lake area of the Sierra, which he coauthored with his daughter, Sharon.
Vice President for Legal Affairs, Goldwater Institute