As vice president of the Aspen Institute and executive director of the Aspen Institute Financial Security Program (FSP), Ida Rademacher combines a vision for creating deeply shared prosperity with a background in economic anthropology and policy research probing how changes in labor and financial markets influence household economic decision-making and opportunity. She connects unexpected and idiosyncratic dots so government and financial services leaders can make smarter products and better policies to grow and strengthen the middle class and allow individuals and families to save, invest, own and retire. Rademacher joined FSP as executive director in February 2015.
Earlier, as Chief Program Officer at the Corporation for Enterprise Development (CFED), and throughout her career, Ida developed a reputation for building strong partnerships and cross-disciplinary teams capable of using complex data to fuel new insights and fresh thinking on effective financial services and policies. At CFED, she led partner and program development and grew vibrant policy, program, and research divisions to implement multiple cutting edge initiatives. She built multi-institutional teams to support the U.S. Consumer Financial Protection Bureau’s Consumer Financial Well-Being Metrics Project, the Department of Health and Human Services ASSETS Initiative, and the U.S. Department of Treasury’s Assessing Financial Capability Outcomes Initiative. Rademacher also led creation of Upside Down, a program examining ways the U.S. income tax code generates disparate wealth building opportunities and contributes to growing levels of wealth inequality. She was a lead researcher and author of Building Economic Security in America’s Cities and Weathering the Storm: How Have IDA Homeowners Fared in the Foreclosure Crisis.
She has testified on numerous occasions before Congress and is quoted often in a variety of news outlets including the New York Times, the Wall Street Journal, the Washington Post, and public radio’s Marketplace. She currently serves on the advisory board of Common Cents Lab and on the Board of Directors for two nonprofit financial technology organizations, The Financial Clinic and EARN. She is a principal with the Pew Charitable Trust’s Financial Security and Economic Mobility Project.
A resident of Virginia’s Shenandoah Valley and an avid horseback rider, Ida is the first generation in her family to attend college. She pursued postgraduate studies in economic anthropology at the University of Melbourne, Australia; holds a Master of Public Policy degree summa cum laude from the University of Maryland; and a Bachelor of Science degree, summa cum laude, in anthropology and economics from James Madison University.