The other (alleged) top candidate for Rahm’s job was also a Fannie Mae lobbyist

When I blogged this morning about Tom Donilon, possibly the next White House chief of staff, I didn’t mean to imply that his resume as Goldman consultant and Fannie Mae lobbyist was anything extraordinary. In fact, it seems to be a pre-requisite for the job.

The other top candidate (admittedly, this is all according to anonymous rumors published by reporters with closer ties to this White House than I have) is Ron Klain, currently the VP’s chief of staff, and thus the senior member of Joe Biden’s Merry Band of Lobbyists.

Klain, like Donilon, was a lobbyist at O’Melveny & Myers, representing Fannie Mae on “regulatory issues.” Again, that meant it was his job to make sure Congress wasn’t putting new curbs on what this taxpayer-guaranteed agency was doing.

Klain’s other clients include Time Warner, the Coalition for Asbestos Resolution, ImClone, and USAirways.

But back to Fannie Mae — don’t forget that Rahm, during the two years in which he made $16 million between the Clinton White House and Congress — served on the board of Fannie Mae.

And Rahm, like Donilon, was also a Goldman consultant back in the day.

Now you know what I mean when I Fannie Mae was a taxpayer-backed slush fund for well-connected Democrats.

Beltway ConfidentialGoldman SachsRahm EmanuelUS

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Music venues around The City have largely been unable to reopen due to ongoing pandemic health orders. (Kevin N. Hume/S.F. Examiner)
SF to cut $2.5M in fees to help 300 nightlife venues

San Francisco will cut $2.5 million in fees for hundreds of entertainment… Continue reading

President Donald Trump and Democratic presidential nominee Joe Biden have taken different approaches to transit and infrastructure funding. <ins>(Yuri Gripas/Abaca Press/TNS)</ins>
Bay Area transit has big hopes for a Biden administration

The best chance for local agencies to get relief may be a change in federal leadership

BART Ambassadors are being called on to assist riders in social situations that don’t require police force. <ins>(Kevin N. Hume/S.F. Examiner)</ins>
Unarmed BART ambassadors program formalized with a focus on community service

Public safety and police reform are key elements in campaigns of Board members Dufty and Simon

East Bay hills and Port of Oakland visible from Point San Bruno Park jetty. (Shutterstock)
East Bay agencies urge precautionary evacuations ahead of wind event

At least two East Bay jurisdictions suggested Sunday that residents in the… Continue reading

Nate Durand of Chug Pub created an election-themed cocktail which has several names: Biden Harris, Barris, Hiden, and/or Dem Juice. (Saul Sugarman/Special to S.F. Examiner)
Drink blue, no matter who

But bar parties aren’t planned for Election Day

Most Read