The White House recently named Jack Lew his new Chief of Staff after the departure of Bill Daley. While Obama championed Mr. Lew’s work in the State Department as the chief budget officer and deputy secretary of state, he omitted the fact that prior to the State Department, Lew was the chief operating officer at Citibank during the height of the housing boom. His job was directly tied into the mortgage industry. In fact, he received nearly a million dollar bonus shortly after the government bailed out Citigroup as well as more than a million in compensation in 2008.
The Washington Times covered Lew’s Citi job and compensation in 2010. It is unconscionable that Obama chose not to disclose the relationship in 2012. Considering all the hate from the Left regarding greed and overcompensation, where is the outrage toward Mr. Lew?