From The Blaze:
January 18, 2012
WASHINGTON (The Blaze/AP) — President Barack Obama on Tuesday named Jeffrey Zients as his acting budget chief but held off on nominating him for the permanent job, avoiding a tough election-year battle with Senate Republicans. It’s an appointment, however, that will likely be criticized given Zients’s past.
Zients becomes acting director of the Office of Management and Budget, the department in charge of developing Obama’s budget proposal, overseeing agency performance and ensuring that the executive branch is putting in place Obama’s policies. He takes over leadership of the prominent agency just weeks ahead of Obama’s new budget request to Congress.
Zients had been the office’s deputy director for management and has already served one stint as acting director, too.
He takes over for Jack Lew, named by Obama as White House chief of staff to replace the departing William Daley.
But what some might be interested to know is that Zients actually worked at the much-maligned company Bain Capital — the same company Mitt Romney once ran, and which has been the topic of several attacks by both Republicans and Democrats. The Washington Times has more:
Romney worked at Bain & Company, first from 1977-1984, and then again from 1991 and 1992, when he was the Bain & Company chief executive officer.
Bain & Company says that Zients worked there from August 1988 to June 1990. Romney apparently returned to Bain & Company from Bain Capital in January 1991, so they missed each other by six months.
President Obama’s top campaign strategist, David Axelrod, criticized Romney for having a “Bain mentality,” just as some of Romney’s Republican presidential election rivals have blamed him for layoffs that took place at companies that Bain Capital financed.
No Senate confirmation is required for an acting director.
Maybe someone should ask David Axelrod, Obama’s top campaign strategist WHY the “Bain mentality” is BAD for Romney, but OKAY for Obama’s Jeffrey Zients. who becomes acting director of the Office of Management and Budget.
Muckety Map of Connections to Jeffrey Zients:
Jeffrey D. Zients campaign contributions:
Listed below are federal donations of $3,000+ reported to the FEC.
Democratic National Committee – $28,500 on 6/15/2007
Major contributions to state-level political organizations & campaigns:
2011 Rahm Emanuel mayoral campaign – $10,000 on 11/15/2010
From Center for American Progress:
Zients began his career in management consulting at Bain & Company and Mercer Management Consulting, where he focused on developing strategies and improving operations of Fortune 1000 companies.