California: Governor Gavin Newsom welcomes new members to the Governor's Council of Economic Advisors

~ SACRAMENTO - Governor Gavin Newsom welcomed new members to the Governor's Council of Economic Advisors today, announcing new leadership and members who will join the distinguished group of economic scholars and experts. The Council serves as a strategic advisory body to the Governor and the Department of Finance, providing guidance on a wide range of economic issues facing the state.

Under the leadership of Chair Renee Bowen and Vice Chair Valentin Bolotnyy, the Council will continue to help guide California through a rapidly changing global economy. This includes addressing challenges such as shifting federal policies, evolving tariffs, and new dynamics in trade and technology.

Chair Bowen is currently the Dean's Professor of International Business & Global Affairs at Georgetown University's McDonough School of Business and Walsh School of Foreign Service. Vice Chair Bolotnyy is a Kleinheinz Fellow at Stanford University's Hoover Institution and an Affiliated Scholar at the Deliberative Democracy Lab at Stanford's Center on Democracy, Development, and the Rule of Law.

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The newly appointed members joining the Council include Laura D'Andrea Tyson, Distinguished Professor at UC Berkeley's Haas School of Business; Christopher Costello, Professor at UC Santa Barbara's Bren School of Environmental Science & Management; Mary Gray, Senior Principal Researcher at Microsoft Research; Manuel Pastor, Distinguished Professor at USC; Ina Simonovska, Professor at UC Davis; Michael Stoll, Professor at UCLA Luskin School of Public Affairs; and Steven Raphael, Professor at UC Berkeley.

These experts bring a diverse range of expertise in economics, public policy, business, and technology to analyze economic trends and provide guidance on state and federal developments. They will also address emerging issues such as artificial intelligence and its implications for California's economy through roundtable discussions.

Governor Newsom expressed his confidence in this group to help navigate federal shifts, global disruptions, and emerging challenges with creativity and resilience. "Together, we're going to keep California moving forward and strengthening our position as the nation's leading economy," he stated.

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In addition to welcoming new members, Governor Newsom also announced a major hiring milestone for the wildland firefighting force. With over 1,000 young adults entering the force, this achievement highlights the state's commitment to addressing the increasing threat of wildfires.

As Mother's Day approaches, Governor Newsom also recognized mothers and maternal figures for their dedication and strength. He highlighted the state's first-of-its-kind paid family leave program and its benefits for mothers through employment protection and wage replacement.

With the help of these new members on the Governor's Council of Economic Advisors, California will continue to thrive in a rapidly changing global economy. Their expertise and guidance will be crucial in navigating challenges and seizing opportunities for growth and success.

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