recent

The Cost of Bailouts

MIT GCFP and MIT DCI co-host talk by President of Deutsche Bundesbank

Presentation and Fireside Chat with Boston Fed President/CEO

MIT Golub Center for Finance and Policy

MIT Sloan appoints Peter R. Fisher Distinguished Senior Fellow at Golub Center

By

The MIT Golub Center for Finance and Policy is pleased to announce the appointment of Peter R. Fisher as our Distinguished Senior Fellow for the 2025-2026 academic year. The former Undersecretary of the U.S. Treasury and BlackRock executive will teach a finance course at MIT Sloan and will contribute to the GCFP’s research and outreach agenda.

“We are pleased that someone with Peter’s breadth of experience – operating in financial markets, addressing financial crises, and as both a monetary and financial policymaker – will be a part of the GCFP and MIT Sloan community,” said MIT Sloan Distinguished Professor of Finance Deborah Lucas, who is the director of the Golub Center. “I have known and worked with Peter in his many different capacities over the years” she added, “and am excited that he will be here to share his creativity, insights, and depth of knowledge with our students and faculty colleagues.”

“I am thrilled to have the opportunity to support the work of the Golub Center and to teach at MIT Sloan,” noted Mr. Fisher.

Fisher served as Undersecretary of the U.S. Treasury for Domestic Finance from 2001 to 2003. From 2004 through 2013 he worked at BlackRock, Inc., serving in several capacities including as Chairman of BlackRock Asia and head of the firm’s Fixed Income Portfolio Management Group.

From 2014 to 2021 he taught a second-year elective course, “The Arrhythmia of Finance,” at the Tuck School of Business at Dartmouth. In 2022 he rejoined BlackRock to lead the firm’s global retirement initiative.

Prior to serving at the Treasury, Fisher worked at the Federal Reserve Bank of New York from 1985 to 2001, concluding his service there as Executive Vice President and Head of the Markets Group and Manager of the Federal Reserve System Open Market Account.

Fisher has also previously served as a non-executive director of the Financial Services Authority of the United Kingdom, on the Strategic Advisory Committee of the Agence France Trésor, on the Board of Directors of AIG, Inc., and as a member of the Board of Governors of FINRA.

Fisher will be in residence at MIT in the 2025-26 academic year. He is the fifth recipient of this Distinguished Fellowship. Past holders are Dr. Chester Spatt (2017 to 2019); Dr. Laura Kodres (2019 to 2020); and Dr. Ben Bernanke (2020 to 2021). Dr. Janice Eberly currently holds the position which she has held since 2023.