David Crane (politics)

David Crane
Born (1953-12-24) December 24, 1953
Denver, Colorado, U.S.
Alma mater University of Michigan, Ann
Arbor
University of California,
Hastings
Political party Democratic

David Crane (born December 24, 1953, Denver, Colorado) is an American lecturer in Public Policy at Stanford University and Research Scholar at the Stanford Institute For Economic Policy Research.[1] He is also president and co-founder of Govern for California[2][3] and a member of the State Budget Crisis Task Force[4] co-chaired by former Federal Reserve Chairman Paul Volcker and former New York State Lieutenant Governor Richard Ravitch. Previously he served as special advisor to California Governor Arnold Schwarzenegger from 2004 to 2010 and as a partner at Babcock & Brown, a financial services company, from 1979 to 2003.

Crane graduated from Cherry Creek High School in suburban Denver, Colorado in 1971, the University of Michigan in 1975, and the University of California, Hastings College of the Law, in 1980.[1]

Crane also serves as a director of Building America’s Future,[5] California Common Sense,[6] and the University of California Investment Advisory Group[7] and is a member of the Society of Actuaries Blue Ribbon Panel formed to explore the causes of underfunding in public pension plans.[8] Previously he served as a Regent of the University of California[9] and as a director of the California State Teachers Retirement System,[10] the California High Speed Rail Authority,[11] and the California Economic Development Commission.[12]

Crane has written extensively and been cited often on the subjects of government accounting, pension funding, government finance and investment policies, political reform and state governance. In 2006 the California Legislature removed him from the board of the California State Teachers Retirement System after he questioned the system's reporting of pension liabilities and assumptions about future investment earnings . In 2011 his term as a UC Regent was allowed to lapse without confirmation by the California Legislature after he expressed concerns that state funding of higher education was jeopardized in part by the failure to properly account for and pre-fund public employee pensions .

See also

References

  1. 1 2 "David Crane | SIEPR". Siepr.stanford.edu. 2011-11-17. Retrieved 2013-08-12.
  2. ↑ Finley, Alyssia. "The Coalition to Arm California’s Democratic Moderates". The Wall Street Journal. The Wall Street Journal. Retrieved 6 July 2015.
  3. ↑ Van, Torey. "Capitol Alert: California group vows to back candidates with 'courage'". Blogs.sacbee.com. Retrieved 2013-08-12.
  4. ↑ "About Us | State Budget Crisis Task Force". Statebudgetcrisis.org. 2012-07-05. Retrieved 2013-08-12.
  5. ↑ "David Crane, Treasurer | Building America's Future Educational Fund". Bafuture.org. Retrieved 2013-08-12.
  6. ↑ "Supporters Team". CACS. Retrieved 2013-08-12.
  7. ↑ "University of California Regents Committee Meeting: Sept. 25, 2012 (brief segments missing) : Daniel J.B. Mitchell : Free Download & Streaming : Internet Archive". Archive.org. Retrieved 2013-08-12.
  8. ↑ "Society of Actuaries - SOA Forms Blue Ribbon Panel to Explore Causes of Underfunding in Public Pension Plans". SOA. Retrieved 2013-08-12.
  9. ↑ "Schwarzenegger appoints David Crane to University of California Board of Regents". Lakeconews.com. 2010-12-30. Retrieved 2013-08-12.
  10. ↑ "Office of Governor Edmund G. Brown Jr. - Newsroom". Gov.ca.gov. Retrieved 2013-08-12.
  11. ↑ "Governor Schwarzenegger Bulks up the California High-Speed Rail Authority Board". Business Wire. 2007-02-16. Retrieved 2013-08-12.
  12. ↑ "Office of Governor Edmund G. Brown Jr. - Newsroom". Gov.ca.gov. Retrieved 2013-08-12.
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