Thursday, March 8, 2012

The Influence Industry: Obama gives administration jobs to some big fundraisers

Big donors considering whether to work the phones raising money for President Obama’s reelection campaign might consider the fate of his 2008 bundlers. Many of them, it turns out, won plum jobs in his administration. - T.W. Farnam/Washington Post

Obama campaigned on what he called “the most sweeping ethics reform in history” and has frequently criticized the role of money in politics. That hasn’t stopped him from offering government jobs to some of his biggest bundlers, volunteer fundraisers who gather political contributions from other rich donors.

More than half of Obama’s 47 biggest fundraisers, those who collected at least $500,000 for his campaign, have been given administration jobs. Nine more have been appointed to presidential boards and committees....

Attorney General Eric H. Holder Jr. was a bundler, raising at least $50,000, as was Julius Genachowski, the chairman of the Federal Communications Commission, who raised at least half a million dollars.

Obama hired bundler Steve Spinner as a liaison in the Energy Department. According to internal e-mails turned over in a congressional investigation, Spinner pressed for staff members to finalize a government loan for Solyndra, the now-shuttered solar company in which another campaign bundler was a major investor. Spinner, according to the Obama administration, did not make any decisions affecting Solyndra....