Fannie Mae Lobbyist Named As Joe Biden's Chief of Staff...
WASHINGTON — President-elect Barack Obama on Saturday named Ronald A. Klain, a former lobbyist and Clinton White House lawyer, as chief of staff to Vice President-elect Joseph R. Biden Jr.
His selection is one of several early appointments to Mr. Obama’s White House and transition staff that calls attention to the limits of Mr. Obama’s sweeping self-imposed ethics rules, laid out to fulfill a campaign pledge to “wrest the federal government out of the hands of lobbyists.”
Mr. Klain, who was chief of staff to former Vice President Al Gore, is an executive at Revolution, the investment company of the AOL founder Steve Case.
He worked until 2005 as a lobbyist at the law firm of O’Melveny & Myers, where he lobbied for clients including the failed mortgage giant Fannie Mae; an industry group seeking help with asbestos lawsuits; a drug maker under federal investigation; the cable and media giant Time Warner; and "an airline".