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Treasury bio

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Cited in: Eric A. Van Nostrand

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Assistant Secretary of the Treasury for Economic Policy (P.D.O)

Assistant Secretary of the Treasury for Economic Policy (P.D.O.) Eric A. Van Nostrand is Chief Economist of the Department of the Treasury. In this role, Eric leads Treasury’s research and analytical work on economic developments and provides counsel to Secretary Janet Yellen.

He first joined Treasury in 2022 as a senior advisor on economic issues related to Russia and Ukraine. In that role, he helped design and implement the price cap on Russian oil, a novel piece of economic statecraft that enabled the continued supply of petroleum products to the global marketplace while also limiting Russian revenues to fund their war on Ukraine.

Before joining Treasury, he was Managing Director and Head of Research for Multi-Asset Strategies and Sustainable Investments at BlackRock. Earlier in his career, he was a staff economist and advisor to the Chairman of the White House Council of Economic Advisers, where he specialized in the U.S. macroeconomy as well as the global policy landscape.

Eric earned a JD from Yale Law School and holds degrees in economics and engineering from the University of Pennsylvania.

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