[1] After studying at The Lawrenceville School in New Jersey and graduating in 1973,[4] Hutchins earned a BA from Harvard College in 1977.

[7] Hutchins left the firm in 1992 to join the Bill Clinton presidential transition team as a senior adviser focusing on economic policy.

[8] After serving as a special advisor on economic and healthcare policy in the Clinton Administration,[9] Hutchins returned to private equity, this time joining The Blackstone Group in New York[8] in 1994, where he was a senior managing director.

[12][14] In 2013 he also created the Hutchins Center on Fiscal and Monetary Policy at Brookings Institution with a $10 million endowment grant.

[22] He has also previously served on the boards of TD Ameritrade, Seagate Technology, MCI, Inc., Gartner, and Sabre Holdings.