Clay Lowery is a Managing Director at Rock Creek Global Advisors, an international economic policy advisory firm, where he focuses on international financial regulation, sovereign debt, macroeconomic policies, exchange rates, and investment policy. Mr. Lowery is currently advising multinational companies, financial institutions, and private equity firms on these matters.
Mr. Lowery served as the Assistant Secretary for International Affairs at the US Treasury Department from 2005 to 2009. In that role, he managed a 200-person team responsible for economic and financial diplomacy, monetary and banking issues, currency strategy, and trade and investment practices. He chaired the Committee on Foreign Investment in the United States (CFIUS), the government committee that reviews international mergers and acquisitions that may affect national security interests. He was the point person on US policy toward Sovereign Wealth Funds; served as the Finance Deputy to the G20, G7, International Monetary Fund and the Financial Stability Forum; and was appointed by the President at various times to be the US representative to the Boards of the World Bank, African Development Bank, European Bank for Reconstruction and Development, and Inter-American Development Bank.
During his fifteen years of US government service, Mr. Lowery held positions with Treasury – including Paris Club debt negotiator and the Deputy Assistant Secretary for Debt and Development Finance; the National Security Council – Director of International Finance; and the Millennium Challenge Corporation – Vice President of Markets and Sector Assessments.
After his government service, Mr. Lowery was Vice President for International Government Affairs with Cisco Systems and Managing Director for the Glover Park Group.
Mr. Lowery is a Visiting Fellow at the Center for Global Development and serves as a Senior Advisor at the Center for Strategic and International Studies. He was an Adjunct Professor at Georgetown University in international finance and a lecturer at the National War College. Mr. Lowery received his BA from the University of Virginia (Phi Beta Kappa) and his MSc at the London School of Economics. In 2009, he was awarded the Alexander Hamilton prize, the highest US Treasury Department honor.
In the Press
- Clay Lowery’s op-ed on the successful bipartisan CFIUS reform process in The Hill
- Clay Lowery comments on CFIUS reform in The Economist
- Clay Lowery comments on the FIRRMA bill in Financial Regulation News
- Clay Lowery comments on FIRRMA and the CFIUS modernization effort in Financial Regulation News
- Clay Lowery discusses CFIUS reform in Roll Call
- Clay Lowery comments on the current draft of FIRRMA in the China News Service
- Clay Lowery testifies on FIRRMA before the House Committee on Financial Services
- Clay Lowery discusses US tariffs and CFIUS on Bloomberg Radio
- Clay Lowery testifies on CFIUS before the Senate Committee on Banking, Housing, and Urban Affairs
- Clay Lowery testifies at a Congressional hearing on helping the developing world fight terror finance
- Clay Lowery comments on G20 currency coordination in Bloomberg
- Clay Lowery discusses policy responses to cross-border data flow issues at the Atlantic Council’s “Big Data, Bad Actors” conference
- Clay Lowery testifies before the House Financial Services Committee on IMF reform
- Clay Lowery discusses the implications of Greece’s potential exit from the Eurozone in Bloomberg
- Clay Lowery discusses plans for an Asian Infrastructure Investment Bank in the New York Times
- Clay Lowery comments on the CFIUS review process in Xinhua
- Clay Lowery discusses the interdependency of the US and EU economies on NPR’s Marketplace
- Clay Lowery co-authors an op-ed supporting IMF quota reform legislation in The Hill
- Clay Lowery comments on US efforts to attract foreign direct investment in the Financial Times
- Clay Lowery comments on the role of the Federal Reserve in international regulatory cooperation in Bloomberg
- Clay Lowery comments on the prospect of a US-China BIT in Bloomberg
- Clay Lowery comments on new US investment in Africa in the Wall Street Journal
- Clay Lowery comments on growing Chinese investment in the United States in Bloomberg
- Clay Lowery comments on the links between CFIUS and the EU-US WTO dispute over subsidies to Boeing
- Clay Lowery comments on President Obama’s order requiring a Chinese company to divest its interests in US wind farm projects
- Clay Lowery comments on the CFIUS review of the potential merger of two European defense companies in Bloomberg Businessweek
- Clay Lowery comments on the G20 Leaders Summit at the Eurozone Crisis with BNN
- Clay Lowery comments on credit ratings and the Eurozone debt crisis in Bloomberg
- Clay Lowery comments on the debate over stimulus vs. austerity in the US and Europe in Politico
- Clay Lowery moderates a discussion with EFSF CEO Klaus Regling at the European Institute
- Clay Lowery comments on World Bank President nomination in Bloomberg
- Clay Lowery comments on World Bank President selection in The Washington Times
- Clay Lowery comments on the G20 Finance Ministers and Central Bank Governors Meeting with BNN