Richard Berner

Richard Berner is Executive-in-Residence at the Center for Global Economy and Business at the NYU Stern School of Business, and Adjunct Professor in the Department of Economics. He conducts research, gives talks, teaches, and helps to advance Stern’s financial stability initiatives. From 2013 until 2017, Berner served as the first Director of the Office of Financial Research (OFR), established by The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 to support the Financial Stability Oversight Council, the Council’s member organizations, and the public. From April 2011 to 2013, Berner was Counselor to the Secretary of the Treasury, where he advised the Secretary on financial and regulatory issues and worked to stand up the OFR. Berner was a Managing Director, Co-Head of Global Economics and Chief U.S. Economist at Morgan Stanley from 1999 to 2011. He also held senior economist roles at Mellon Bank, Morgan Stanley, Salomon Brothers, Morgan Guaranty Trust Co., and the DC office of Wharton Econometrics. Berner served on the research staff of the Federal Reserve in Washington. He has been an Adjunct Professor of Economics at Carnegie-Mellon University and at George Washington University.