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Tag Archive: Revolving Door

A reaction to Orszag’s Citigroup move


I think that Harold Pollack, professor at the School of Social Service Administration at the University of Chicago, sums up a lot of feelings people are having about former Office of Management and Budget director Peter Orszag's move from government to the offices of Citigroup:

With the exception of the president himself, Orszag was arguably the most important economic policymaker in the entire Obama administration. Orszag’s OMB role, his fingertip familiarity with policy, the budget process, and congressional policymakers made him central to the stimulus and health reform efforts. He was President Obama’s right hand man for much of that work, and more besides. He accumulated the ultimate rolodex of people inside and outside government, within the United States, and perhaps globally, too.

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Peter Orszag and Obama’s ethics pledge


Peter Orszag, the former star director of the Office of Management and Budget (OMB) during President Barack Obama's first two years, is said to be in talks to join Citigroup. According to the Financial Times, "People familiar with the situation said Mr Orszag, who left the White House team in July, was likely to be offered a position dealing with clients and top government officials rather than running a business." If Orszag were to take such a position it would likely be complicated by an Executive Order signed by President Obama on his first full day in office.

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