Biden Nominees Walk Through Revolving Door

Biden Nominees Walk Through Revolving Door
(AP Photo/Andrew Harnik)

When president-elect Joe Biden’s treasury secretary nominee Janet Yellen disclosed that she accepted big speaking fees from major corporations and industry groups, many liberal pundits quickly defended her and suggested the revelations are not newsworthy.

However, the Daily Poster has found that many of those same companies and groups have been lobbying the agency Yellen has been selected to run. Antony Blinken, Biden’s pick for secretary of state, has been consulting for giant companies with interests before his new department, as well.

On Friday, Politico reported that Yellen, who served as Federal Reserve chair from 2014 to 2018, had raked in millions from speeches to Wall Street firms and other corporate interests. After spending the past four years criticizing the Trump administration’s corruption, some liberals are now arguing that Yellen’s paid speeches aren’t relevant or worth reporting — even though the payouts are sizable and germane to her prospective job in government.

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