Chris Dodd is gone, but the Senate Banking Committee's revolving door hasn't stopped spinning.
National Journal reports that incoming chairman Tim Johnson, D-S.D., is hiring back his old aide Dwight Fettig to serve as committee staff director. Since leaving Johnson's personal office in 2002, what has Fettig done?
He served as Freddie Mac's lead lobbyist from 2003-2008 and then became a partner at K Street's Arnold & Porter, where his clients include the American Bankers Association, Jefferies & Company, JP Morgan, Kynikos, and the National Association of Mortgage Brokers.
National Journal tells the story this way:
The incoming chairman, Sen. Tim Johnson, D-S.D., recently hired Fettig as a senior policy adviser in his personal office. But sources say that’s just a transitional position until Johnson officially takes over as chairman in January.
It's “sources say,” and so we'll wait for Johnson's office to confirm it, or just for the move to happen.