Diane Swonk is a world-renowned economist based in Chicago. She joined Grant Thornton in January 2018 as its first ever chief economist. 
At Mesirow, she was a senior managing director and chief economist. She is also an advisor to the Federal Reserve Board and regional Reserve Banks. Swonk completed two terms on the Congressional Budget Office's panel of economic advisers.
Widely quoted in the press, she was previously chief economist for Bank One and has served on several advisory committees to the Federal Reserve Board and its regional banks. She also served on the Council of Economic Advisors for the White House.
Swonk's father was an inventory strategist in Detroit, helping GM switch to just-in-time manufacturing. Her mother is an art teacher.
Swonk started her 19-year career at First National, the predecessor of Bank One, as an associate economist in 1985. The previous year, she had earned her degree in economics from the University of Michigan, overcoming dyslexia, and then crammed a two-year masters program in applied economics into just one year before joining the bank. She also completed an MBA with honors in strategic planning and finance from the University of Chicago.
In 2001, she joined the faculty of DePaul University's Kellstadt Graduate School of Business as a clinical professor of finance.
In 2003, Swonk published The Passionate Economist: Finding the Power and Humanity Behind the Numbers. In her book, Swonk said economics is not a hard science, but a behavioral science built on the foundation of human activity.
In August 2011, Swonk spoke to reporters, warning that the economy was in danger of a relapse or a "double-dip recession." She also published a blog to Mesirow Financial's website concerning the Fed's "weak" assessment of the state of the U.S. economy.
Swonk received bachelor's and master's degrees in Economics with honors from the University of Michigan. Swonk graduated from the University of Chicago Graduate School of Business with a master's degree in finance and strategic planning with honors in 1989.
JLN News Feed
Traders exit complex oil options as Cushing supplies tighten; Can Direct CCP Clearing Address Concentration Challenges?
Delisting of Securities of iPic Entertainment Inc., Ultra Petroleum Corp., and Warrant of Repay Holdings Corporation from The Nasdaq Stock Market
Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 31, 2019
Confidence in the ag economy soars; producers confirm large prevented plantings of corn and soybeans
We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.