Lazard in the News

Lazard CEO and Chairman Peter Orszag Authors New York Times Guest Essay on U.S. Fiscal Trajectory

May 27, 2025

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On May 26, The New York Times published a guest essay authored by Lazard CEO and Chairman Peter Orszag, “I Was Obama’s Budget Director. It’s Time to Worry About the National Debt,” explaining the risks associated with the country’s current fiscal trajectory and why changing course is key to achieving the Administration’s trade goals.

Click here to read the full opinion. 


About Lazard

Founded in 1848, Lazard is the preeminent financial advisory, private capital advisory, and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters. Lazard also advises private markets sponsors and investors on primary fundraising, secondary transactions, and GP capital solutions, and provides asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.