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Tim Carney: Jack Lew's million-dollar bailout bonus

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Politics,Beltway Confidential,Timothy P. Carney,Politics Digest

Obama’s nominee for Treasury Secretary Jack Lew is a revolving-door lobbyist who worked at Citigroup in 2008, and then got a $944,518 check from the failed bank on January 15, 2009, according to his financial disclosure statement. That was just weeks after Congress passed the Wall Street bailout, funneling $45 billion in taxpayer money to the bank.

Also, in the 1990s, Lew worked at K Street lobbying firm Van Ness Feldman.

This certainly undercuts Obama’s talk about closing the revolving door, keeping out lobbyists, and standing up to Wall Street.

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