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Ray Boshara was a senior fellow at the New America Foundation where he primarily worked on asset development strategies in the U.S. and worldwide. He founded the Asset Building Program at New America in 2002 and served as its director until 2009. As Vice President from 2006-2010, he also launched and directed the Next Social Contract Initiative, the Financial Services and Education Project, the Global Assets Project, and the College Savings Initiative.

In April 2011, Boshara joined the Federal Reserve Bank of St. Louis as a Senior Advisor. His work at the Fed focuses on household financial stability, with an emphasis on strengthening the balance sheets of American families and how that contributes to economic growth.

Prior to joining New America, Boshara worked for CFED, the U.S. Congress, the United Nations and Ernst & Young. Over the last 20 years, he has advised the Clinton, George W. Bush and Obama Administrations, Congress, presidential candidates and policymakers worldwide on savings and asset-development polices for low-income families.  He has testified before Congress several times.  He has written for The Washington Post, The New York Times and The Atlantic Monthly, and is the co-author (with Phillip Longman) of The Next Progressive Era, published in 2009. Boshara is a graduate of Ohio State University, Yale Divinity School, and the John F. Kennedy School of Government at Harvard.