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Response to DonViejo (Original post)

Tue Jun 11, 2019, 09:10 AM

2. And don't forget the brother-in-law

Hartogensis, 48, who’s married to Chao’s sister, will oversee an agency with nearly 1,000 employees that manages $100 billion in assets and handed out $5.8 billion to more than 861,000 retirees in 2018. He’ll also have to deal with lawmakers as they contemplate a bailout plan that can avert a shortfall of tens of billions of dollars in the corporation’s cash reserves.

https://www.politico.com/story/2018/12/17/mitch-mcconnell-know-run-agency-1033119

The PBGC is a government-chartered corporation that insures private pensions. Rumors have swirled that McConnell picked Hartogensis to exert greater control over a congressional pensions supercommittee tasked with rescuing insolvent multiemployer pensions.

https://www.politico.com/story/2018/06/07/elaine-chao-brother-in-law-pension-nominee-606654

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Arrow 3 replies Author Time Post
DonViejo Jun 11 OP
marble falls Jun 11 #1
LineNew Reply And don't forget the brother-in-law
EleanorR Jun 11 #2
2naSalit Jun 11 #3
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