Mauricio Claver-Carone

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Mauricio Claver-Carone
Official IDB photo of President Mauricio Claver-Carone (September 2020).jpg
President of the Inter-American Development Bank
Assumed office
1 October 2020
Preceded byLuis Alberto Moreno
Personal details
Born1975 (age 44–45)
Miami, Florida, U.S.
EducationRollins College (BA)
Catholic University of America (JD)
Georgetown University (LLM)

Mauricio Claver-Carone (born 1975)[1] is an American lobbyist, lawyer, former Senior Director on the National Security Council, and international development official. He took office as president of the Inter-American Development Bank in October 2020.[2]

Early life and education[edit]

Claver-Carone was born in Miami, Florida, to parents of Cuban and Spanish descent.

He earned his Bachelor of Arts degree from Rollins College, Juris Doctor from The Catholic University of America and Master of Laws in International and Comparative Law from Georgetown University Law Center.

Career[edit]

Early career[edit]

Claver-Carone began his career as an Attorney-Advisor for the U.S. Department of the Treasury’s Office of the Comptroller, where he provided counsel on banking laws, capital requirements and securitizations.[3] He was also a Clinical Assistant Professor at The Catholic University of America’s School of Law, an Adjunct Professor at The George Washington University’s National Law Center and a Research Fellow at Georgetown University’s Law Center for the Americas.

Government positions and IMF role[edit]

From 2017 to 2018, Claver-Carone was Senior Advisor for International Affairs at the U.S. Department of the Treasury, where he was a principal policy advisor to the Secretary of the Treasury and to the Under Secretary for International Affairs on geopolitical, national security and economic issues.

He then served briefly as acting U.S. Executive Director at the International Monetary Fund, representing the United States on the Executive Board.[4] He played an important role in lending arrangements for Argentina, Barbados and Ecuador, and revolving credit lines for Colombia and Mexico.

In September 2018, Claver-Carone was appointed Special Assistant to U.S. President Donald Trump and Senior Director for Western Hemisphere Affairs on the National Security Council.[5] In 2019, he was promoted to become a Deputy Assistant to the President. In this role, Claver-Carone is credited for creating the U.S. government's maximum-pressure campaign against the Maduro regime[6] in Venezuela and for conceptualizing the "América Crece" economic growth strategy and frameworks.[7] He was also selected by President Trump to represent the United States in inauguration delegations to Brazil,[8] Panama[9] and Uruguay.[10]

Claver-Carone also helped design the Better Utilization of Investments Leading to Development (BUILD) Act of 2018, which created the U.S. International Development Finance Corporation.[11]

He also spearheaded the first White House-led Western Hemisphere Strategic Framework for U.S. inter-agency policy guidance and development since 2004.

Inter-American Development Bank[edit]

In June 2020, the U.S. Department of the Treasury announced its intention to nominate Claver-Carone for the president of the Inter-American Development Bank (IDB)[12], the principal source of long-term financing for economic, social and institutional development in Latin America and the Caribbean.

His nomination generated a mixed reaction among the Bank’s member countries, as the institution’s presidency was historically reserved for a citizen of one of its borrowing member countries.[13]

He was elected by the IDB’s Board of Directors on September 12, 2020, for a five-year term beginning on October 1, 2020.[14] Thirty of the Bank's 48 governors voted for him (67% of total shareholding), including 23 out of the 28 regional governors.[15][16]

As president, he oversees the operations of the IDB Group, comprising the IDB, which works with the region’s governments; IDB Invest, which works with the region’s private sector; and IDB Lab, which incubates innovative development projects.

He has pledged to focus on regional job creation, especially through digitalization, entrepreneurialism and nearshoring, during his presidency.[17] He also begun efforts to secure a capital increase for the Bank, which would allow it to boost its lending to help counter the effects of COVID-19 and further address entrenched economic problems in the region.[18]

Cuba policy[edit]

Before joining the U.S. government, Claver-Carone was Executive Director of Cuba Democracy Advocates, a lobbying organization for human rights, free markets and the rule of law in Cuba.[19]

Other[edit]

Claver-Carone has provided congressional testimony before the Committees on Agriculture, Foreign Affairs, the Judiciary and Natural Resources of the United States House of Representatives.

He has written for HuffPost,[20] The Wall Street Journal[21] and The New York Times, among other publications. He has also published in academic journals, including the Georgetown Journal of International Law and the Yale Journal of International Affairs.

Poder Magazine recognized him as one of 20 entrepreneurs, executives, leaders and artists under 40 who are shaping the future of the U.S. and the world.

Claver-Carone hosted the bilingual foreign-policy show “From Washington al Mundo” on Sirius-XM Radio.[22] He also co-founded a data-software start-up company.

References[edit]

  1. ^ https://english.elpais.com/elpais/2016/11/22/inenglish/1479820692_413463.html Trump signs up vocal Cuba critic Mauricio Claver-Carone
  2. ^ "IDB President Claver-Carone Highlights Job Creation, Capital Increase in Debut Speech | IADB". www.iadb.org. Retrieved October 8, 2020.
  3. ^ "Mauricio Claver-Carone" (PDF).
  4. ^ Fund, International Monetary (October 2, 2018). IMF Organization Chart. INTERNATIONAL MONETARY FUND. ISBN 978-1-4843-7345-3.
  5. ^ Lippman, Daniel. "Trump taps new Western Hemisphere chief". POLITICO. Retrieved November 5, 2020.
  6. ^ Talley, Jessica Donati, Vivian Salama and Ian (January 30, 2019). "U.S. Push to Oust Venezuela's Maduro Marks First Shot in Plan to Reshape Latin America". Wall Street Journal. ISSN 0099-9660. Retrieved October 29, 2020.
  7. ^ Guatemela, elPeriodico de. "América Crece, la nueva propuesta de desarrollo de EE. UU. para Centroamérica". elPeriodico (in Spanish). Retrieved October 29, 2020.
  8. ^ "President Trump Announces Presidential Delegation to the Federative Republic of Brazil to Attend the Inauguration of His Excellency Jair Bolsonaro". The White House. Retrieved October 29, 2020.
  9. ^ "President Donald J. Trump Announces Presidential Delegation to Attend the Inauguration of His Excellency Laurentino Cortizo of Panama". The White House. Retrieved October 29, 2020.
  10. ^ "President Trump Announces Presidential Delegation to the Oriental Republic of Uruguay to Attend the Inauguration of Dr. Luis Lacalle Pou". The White House. Retrieved October 29, 2020.
  11. ^ "United States Announces Nominee for Presidency of the Inter-American Development Bank Group | U.S. Department of the Treasury". home.treasury.gov. Retrieved November 5, 2020.
  12. ^ "United States Announces Nominee for Presidency of the Inter-American Development Bank Group | U.S. Department of the Treasury". home.treasury.gov. Retrieved November 5, 2020.
  13. ^ "Trump administration nominates American to head Inter-American Development Bank, breaking with tradition".
  14. ^ "Mauricio J. Claver-Carone Elected IDB President | IADB". www.iadb.org. Retrieved November 5, 2020.
  15. ^ Shalal, Andrea; Garrison, Cassandra (September 12, 2020). "Trump nominee elected to head Latin American development bank". Reuters. Retrieved September 12, 2020.
  16. ^ Rodriguez, Sabrina (September 12, 2020). "Trump's pick elected to run Latin American development bank". Politico. Retrieved September 16, 2020.
  17. ^ "IDB President Claver-Carone Highlights Job Creation, Capital Increase in Debut Speech | IADB". www.iadb.org. Retrieved November 5, 2020.
  18. ^ "IDB's Claver-Carone outlines plans for COVID-19 recovery, capital increase". Devex. October 16, 2020. Retrieved November 5, 2020.
  19. ^ "Mauricio Claver-Carone | HuffPost". www.huffpost.com. Retrieved November 5, 2020.
  20. ^ "Mauricio Claver-Carone". The Huffington Post. Retrieved August 18, 2015.
  21. ^ Claver-Carone, Mauricio (June 23, 2015). "When Helping 'the Cuban People' Means Bankrolling the Castros". The Wall Street Journal. Retrieved August 18, 2015.
  22. ^ "Cristina Radio - Empowering Hispanic Radio! - From Washington Al Mundo". August 14, 2015. Archived from the original on August 14, 2015. Retrieved November 5, 2020.

External links[edit]

Diplomatic posts
Preceded by
Luis Alberto Moreno
President of the Inter-American Development Bank
2020–present
Incumbent