Washington offices of the beleagured financial services industry are having serious makeovers.
The latest is the American Insurance Association, which just announced (click here) that it's saying goodbye come Feburary to it's A-list Republican CEO of the past three years, Marc Racicot, the former governor of Montana. That doesn't mean the AIA is having its colors redone: successor CEO Leigh Ann Pusey is a former aide to then-House Speaker Newt Gingrich and the Republican National Committee. She is currently AIA's chief operating officer and its senior vice president for government affairs. The AIA covered its left flank somewhat late last year, when it hired Thomas J. Santos, a one-time aide to Rep. James Maloney, D-Conn., as vice president of federal affairs.
-- Julie Kosterlitz
The Financial Services Forum got a shade bluer with its recent hire of Mark Schuermann, a one-time aide to former Rep. Harold Ford, Jr., D-Tenn. and Sen.Harry Reid, D-Nevada, as senior vice president for government relations. Also entering a blue period is the Securities Industry and Financial Markets Association, which in late August hired the deputy staff director to the House Financial Services Committee, Michael Pease to head up its Washington office (CEO T. Timothy Ryan is based in New York.) Paese joins another House Democratic staff alumnus hired by SIFMA late last year, Scott DeFife, former aide to House Majority Leader Steny Hoyer, D-MD.
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