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Issue briefs and reports

Jul 9, 2020

I. Introduction

By David McCormick, Charles E. Luftig, James M. Cunningham

The policy agenda presented here is an effort to further strengthen America’s economic dynamism and renew how the country builds and leverages its power in a rapidly changing and increasingly competitive landscape.

Issue briefs and reports

Jul 9, 2020

II. The convergence of national security and economics

By David McCormick, Charles E. Luftig, James M. Cunningham

National security and economics have long been connected, and, since its earliest days, the United States has leveraged that reality to advance its national objectives.

Issue briefs and reports

Jul 9, 2020

III. A new policy agenda

By David McCormick, Charles E. Luftig, James M. Cunningham

Balancing economic and national security policy is no easy task. Too often, security concerns related to economic decision-making get short shrift. But there is also an equal and opposite risk that unconstrained, ad hoc efforts to protect national security through economic policy could sap America’s competitive advantage, or worse.

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David McCormick is CEO of Bridgewater Associates, responsible for overseeing the firm’s strategy, governance, and operations. David joined Bridgewater in 2009 and previously served as President and then Co-CEO before becoming CEO in 2020. Before joining Bridgewater, David was the U.S. Treasury Under Secretary for International Affairs in the George W. Bush Administration during the global financial crisis, and prior to that served in senior posts on the National Security Council and in the Department of Commerce.

From 1999-2005 David was a technology entrepreneur, serving as CEO and then President of two publicly-traded software companies, FreeMarkets, Inc. and Ariba, Inc., and prior to that was a consultant at McKinsey & Company. He is a graduate of the United States Military Academy at West Point and has a Ph.D. from the Woodrow Wilson School of Public and International Affairs at Princeton University. He is a former Army officer and a veteran of the First Gulf War.

David serves as a Trustee on several boards including the United Service Organizations (USO) and The Hospital for Special Surgery (HSS) and is chairman of the Atlantic Council’s International Advisory Board.