Andrew Olmem

Andrew is a partner in Mayer Brown’s Washington DC office and a member of its Public Policy, Regulatory & Government Affairs and Financial Services Regulatory & Enforcement practices. His practice focuses on complex financial services regulatory and legislative matters, including counseling clients on matters involving federal financial regulatory agencies, evaluating prospective legislation and regulations, advising on new legislative and regulatory requirements, and representing clients in congressional and regulatory investigations and other reputational risk matters.

Prior to re-joining Mayer Brown, Andrew served as the Deputy Assistant to the President for Economic Policy and Deputy Director of the White House National Economic Council (NEC) where he oversaw the development and coordination of the administrations’ domestic economic policies, including for financial services, technology, telecom, energy, and infrastructure. During his tenure at the White House, he played a key role in the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, landmark legislation to address the economic downturn due to the coronavirus, and oversaw the administration’s regulatory reform initiatives. Andrew’s work coordinating economic policy has been publicly praised by the leadership of US financial regulators. He also led the administration’s successful efforts to pass the Economic Growth, Regulatory Reform and Consumer Protection Act, the most significant financial services legislation in a decade.

Before joining the White House, Andrew was a financial services partner in private practice. He previously served as the Republican Chief Counsel and Deputy Staff Director for the US Senate Banking Committee. During his more than seven years at the Banking Committee, Andrew helped craft a wide range of financial services legislation, conducted congressional investigations and participated in the consideration of legislation in response to the 2008-2009 financial crisis, including the Emergency Economic Stabilization Act (TARP) and the Housing and Economic Recovery Act. He was a lead staff negotiator for the deliberations on the Dodd-Frank Act.

Andrew began his legal career practicing corporate and securities law at Mayer Brown in its New York office. Before attending law school, he served as an assistant economist for monetary policy at the Federal Reserve Bank of Richmond.

Andrew is a frequent commentator on economic policy and financial regulation. He has appeared on CNBC, Fox Business News, Bloomberg, and C-Span and has been covered by the Wall Street Journal, the Washington Post, and the Financial Times.

Washingtonian Magazine listed Andrew as one of the 500 Most Influential People in Washington, while The American Lawyer named him one of their 2021 “Trailblazers,” recognizing individuals who are agents of change in the legal industry.

Andrew is current a member of the Fulbright Scholarship Board.