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Michael Braverman Goodman Froman (born August 20, 1962) is an American lawyer who is the current president of the Council on Foreign Relations. Froman served as the U.S. Trade Representative from 2013 to 2017. He was Assistant to the President of the United States and Deputy National Security Advisor for International Economic Affairs, a position held jointly at the National Security Council and the National Economic Council. In that position he served as the United States sherpa to the G7, G8, and G20 summits of economic powers. On May 2, 2013, President Barack Obama nominated him to succeed Ambassador Ron Kirk as the U.S. Trade Representative.Associated Press (May 2, 2013) "Obama nominates economic adviser Michael Froman as next US trade representative", The Washington Post. Retrieved 2013-05-02.Epstein, Jennifer (May 2, 2013) "President Obama picks Penny Pritzker for Commerce, Michael Froman for trade rep", Politico. Retrieved 2013-05-02. He was confirmed on June 19, 2013.
Froman served as a White House Fellow in 1992-93 and worked in the White House Office of Economic & Domestic Policy.
Between January 1993 and December 1995, Froman was Deputy National Security Advisor for International Economic Affairs on the United States National Economic Council, a position held jointly at the National Security Council and the National Economic Council. He was Deputy Assistant Secretary for Eurasia and the Middle East, where his work was related to economic policy towards the former Soviet Union, Central and Eastern Europe, as well as economic components of the Dayton Accords. He was a Senior Fellow at the Council of Foreign Relations and a Resident Fellow at the German Marshall Fund.
Froman spent much of his career within the United States Department of the Treasury where he rose to Chief of Staff under Robert Rubin in January 1997 and served until July 1999.
After the end of the Clinton administration in 2001, Froman followed Robert Rubin from the Treasury Department to Citigroup. He was President and Chief Executive Officer of CitiInsurance and head of Emerging Markets Strategy at Citigroup, managing infrastructure and sustainable development investments. He received more than $7.4 million from January 2008 to 2009 alone.
Froman and Obama were not in touch after their time at Harvard until Obama's 2004 Senate campaign, when Froman volunteered to advise Obama on policy; he introduced Obama to Robert Rubin. In 2008, Froman served on a 12-member advisory board of the Obama campaign's transition team, and joined the White House for a second run in 2009. He went back to the position he held during the Clinton years, as deputy assistant to the president and deputy national security adviser for international economic affairs, at the National Security Council and the National Economic Council until 2013.
From 2013-2017, Froman served as the lead negotiator on the U.S. side for a bilateral investment treaty with China. The negotiations had been on-going since 2008. On taking office, the Trump administration stopped negotiations. According to Froman, the effort to reach an agreement was "more than 90 percent complete".
In 2017, Froman joined the Council on Foreign Relations as a distinguished fellow in the Washington, D.C., office.
In April 2018, he was hired by Mastercard as Vice Chairman and President for Strategic Growth.
In September 2018, he became a director of The Walt Disney Company.
Since 2019, he has also been serving on the Transatlantic Task Force of the German Marshall Fund and the Bundeskanzler-Helmut-Schmidt-Stiftung (BKHS), co-chaired by Karen Donfried and Wolfgang Ischinger. The German Marshall Fund and Bundeskanzler-Helmut-Schmidt-Stiftung Launch “Transatlantic Task Force” Setting Path Forward for U.S.-Europe Relations German Marshall Fund, press release of December 12, 2019.
In March 2023, he was chosen as the new president of the Council on Foreign Relations, succeeding Richard N. Haass, who led the organization for two decades.
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