Thomas Hoenig, the president of the Federal Reserve Bank of Kansas City, recently penned an op-ed in the New York... View ArticleContinue reading
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.Continue reading
Bloomberg.com is reporting that Peter Orszag, formerly director of the Office of Management and Budget in the Obama administration, is in talks with Citigroup to join its investment banking division. Orszag wouldn't be the first former government official to land at Citigroup, as our friends at the Center for Responsive Politics show.
The Bloomberg article makes for interesting Poligraft fodder.Continue reading
This is a pretty important speech from OMB Director Peter Orszag. I suggest reading the whole thing, but here’s a... View ArticleContinue reading