Elected President Joe BidenJoe Biden honors frontline workers in New York speech: ‘We owe them, we owe them, we owe them’ Trump Hotel in DC raises room rates to open Biden Video shows long lines on the last day of early voting in Georgia MoreHis choice to lead the Treasury has garnered more than $ 1 million in letters and work with corporate clients, according to financial disclosures published Thursday.
Janet YellenJanet Louise Yellen, 2021: The year the chicken religion may return home to root out Biden’s transformation, more than half of Biden’s 100 black aides say the note: the left seeks influence to move Biden MoreBiden, the Chancellor of the Exchequer, has made more than $ 7.2 million by speaking at Wall Street firms and corporations over the past two years, according to Its financial disclosure form.
Choosing the president-elect for the position of foreign minister, Anthony BlinkAnthony Blinken interviewed Biden’s choice to lead the US intelligence community. Mnuchin says he spoke with Biden’s candidate for the Treasury Department softening the next steps for foreign policy., Made nearly $ 1.2 million in the last two years by consulting clients at WestExec Advisors. According to his financial approval.
The large sums raised by Biden cabinet members could complicate the gradual support for candidates during the Senate hearings.
Yellen, who was praised by progressives when Biden called her the Chancellor of the Exchequer, has reaped millions in speaking fees from Citi, Goldman Sachs, Google, Citi National Bank, UPS, Citadel Lake, Barclays, Credit Suisse, Sales Force and others. For Citi alone, it received $ 1 million for nine letters, and for Citadel, a hedge fund founded by a Republican donor, it received more than $ 800,000.
The prospective Treasury secretary also pledged to speak with the department’s ethics attorney “to obtain written permission to participate personally and substantially in any particular matter” involving the companies they paid for in the last year.
Meanwhile, the Secretary of State’s nominee has revealed clients he has worked with at WestExec Advisors, including Blackstone, Bank of America, Facebook, Uber, McKinsey & Company, Japan’s SoftBank Group, Gilead Pharmaceutical Company, Investment Bank Lazard and Boeing. , AT&T, Royal Bank of Canada, and LinkedIn.
In addition to the approximately $ 1.2 million earned in the past two years, Blinken is expected to earn an estimated $ 250,000 to $ 500,000 this year.
His financial disclosure indicates that he plans to sell his stake in WestExec, which amounts to between $ 500,000 and $ 1 million, as well as divest his stake in sister company WestExec Ventures, which ranges between $ 1 million and $ 5 million.
Biden A transition official said to Politico The team submitted the “midweek” disclosure forms that were published by the Government Ethics Office on New Year’s Eve.
The transition official sided with Yellen’s financial past, saying, “Take a look at her enforcement track record – that’s not the one who pulls the punches when it comes to bad people or bad behavior.”
“You can expect it will bring the same high ethical standards and strict enforcement philosophy to the Treasury Department,” the official added.
The other candidate who Disclosure form Perhaps posing a problem is potential Director of National Intelligence Avril Haines, who was a manager and consultant at WestExec. It reported $ 180,000 in “advisory fees” from data mining company Palantir.