Erskine Bowles
Erskine Bowles (born 8 August 1945) is a businessman and political figure from North Carolina.
Bowles was born and raised in Greensboro, North Carolina and was the son of Skipper Bowles, a Democratic politician. Bowles attended the University of North Carolina at Chapel Hill, majoring in business. After briefy serving in the United States Coast Guard, Bowles then enrolled in the Columbia Business School, where he earned a M.B.A. and served as student body president.
Following graduation, Bowles worked for the financial firm Morgan Stanley in New York City. There, he met his wife, Crandall Close; the two married in 1971 and moved to North Carolina, where Bowles worked on his fathers 1972 gubernatorial campaign. They had three children: Sam, Annie, and Bill.
In 1975, Bowles helped launch the investment firm of Bowles Hollowell Conner, and remained in the corporate sector until the 1990s. In 1992, he became involved in politics as a fundraiser for Bill Clinton's 1992 presidential campaign. President Clinton appointed Bowles to head the Small Business Administration in 1993. From October 1994 to December 1995, Bowles served as Clinton's deputy chief of staff.
Briefly returning to Charlotte, North Carolina, where he helped found the merchant bank Carousel Capital, Bowles was appointed Clinton's Chief of Staff in December 1996. One of Bowles major responsibilities was dealing with federal budget negotiations between the White House and Congress. Bowles returned to the field of finance again in October 1998 and currently resides in Charlotte, North Carolina.
Although initially reluctant to seek political office, Bowles reconsidered a run for the Senate after the September 11, 2001 attacks and, in October 2001, declared his candidacy for the United States Senate as a Democratic candidate. Seeking to fill the seat being vacated by Jesse Helms, Bowles secured the party's nomination, but was defeated in the general election by Republican challenger Elizabeth Dole.
Bowles is currently campaigning again for the Senate, seeking to fill the seat being vacated by fellow Democrat John Edwards.
