In Memoriam

“My father established this Foundation ten years ago to solve the nation’s fiscal challenges and preserve the American Dream that he was so fortunate to have lived. He worked tirelessly and across party lines to build a sustainable fiscal foundation to support economic growth and widely-shared opportunity.”

– Michael A. Peterson, President and CEO of the Peterson Foundation

Read the full statements from the Peterson family and the Peterson Foundation.


FRED R. CONRAD/The New York Time/Redux

NYT: “Peter G. Peterson, a Power From Wall St. to Washington, Dies at 91”

"Financier and philanthropist who combined a spectacular career in industry and Wall Street with public policymaking and dogged advocacy of government fiscal prudence." Read more.

WSJ: “Peter Peterson, Blackstone Co-Founder, Dies at 91”

“Son of Greek immigrants became secretary of commerce in the Nixon administration and a co-founder of private-equity firm.” Read more.

WP: “Peter G. Peterson, financier who warned of rising national debt, dies at 91”

“[A] longtime fiscal Paul Revere, spending much of his fortune to sound the alarm about the perils of the burgeoning national debt.” Read more.

Statements Remembering Pete

Video Tribute

A 2014 video tribute from the Economic Club of New York featuring thought leaders’ reflections on Pete’s contributions and accomplishments in business, public policy and philanthropy.

Expert Views: Fiscal Commission

We asked experts with diverse views from across the political spectrum to share their perspectives.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.