Mark Calabria, PhD

Director of Financial Regulation Studies, Cato Institute

Mark A. Calabria, Ph.D. is Director of Financial Regulation Studies at the Cato Institute. Before joining Cato in 2009, Dr. Calabria spent seven years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs. In that position, he handled issues related to monetary policy, housing, mortgage finance, economics, banking and insurance for Senator Richard Shelby (R-AL). During his service on Capitol Hill, Calabria drafted significant portions of the Housing and Economic Recovery Act of 2008, which established a new regulatory regime for the government sponsored enterprises (Fannie Mae and Freddie Mac).

Prior to his service on Capitol Hill, Calabria served as Deputy Assistant Secretary for Regulatory Affairs at the U.S. Department of Housing and Urban Development, and also held a variety of positions at Harvard University’s Joint Center for Housing Studies, the National Association of Home Builders and the National Association of Realtors. Calabria has also been a Research Associate with the U.S. Census Bureau’s Center for Economic Studies. His writings have appeared in the op-ed pages of the New York Post, National Review, USA Today, Orange County Register, Investors Business Daily, Washington Times, Cleveland Plain Dealer, and Barron’s, among others. Calabria also makes frequent appearances on CNBC, Bloomberg, Fox Business, BBC, and BNN. He holds a doctorate in economics from George Mason University.