Retired GOP senator goes to work for Goldman Sachs

By Sahil Kapur
Tuesday, May 31, 2011 10:54 EDT
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WASHINGTON – Former Republican Sen. Judd Gregg of New Hampshire, who retired this January, has been hired as an international adviser to Goldman Sachs.

“Judd Gregg’s experience and insight will contribute significantly to our firm and our continuing focus on supporting economic growth,” said Goldman’s chairman and CEO Lloyd Blankfein in a statement announcing the move.

Gregg was first elected to the Senate in 1992, after serving as governor of New Hampshire for four years. Before that, he spent eight years in the U.S. House of Representatives.

“A strong financial sector is critical to our nation and one of the key engines of job creation in our country,” the former senator said. “I hope that I can bring to Goldman Sachs some ideas and perspectives that will help the firm continue to be a leader in supporting its clients in their pursuit of the capital, credit and advice they need to be successful.”

During his tenure in the Senate, Gregg served as ranking member of the budget committee and occupied a seat on the banking committee that oversaw institutions like Goldman Sachs. He voted against the financial regulatory overhaul of 2010.

Image via leadingauthorities, Creative Commons

[h/t Tim Carney]

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