Citigroup in Talks to Hire Former White House Budget Chief Orszag

Before you go, we thought you'd like these...
Before you go close icon
Citigroup Inc (C) is in talks to hire Peter Orszag, former White House Budget Director.

Orszag, 41, may take up a position in the investment banking division, Bloomberg News reported without naming its sources. The hiring may be announced as soon as today.

Princeton-educated Orszag was the youngest member of President Barack Obama's cabinet and helped shape the economic stimulus package and health reform. He stepped down from the position in July.

Sponsored Links
Orszag has since worked as a distinguished vesting fellow at the Council on Foreign Relations and as a contributing columnist for The New York Times.

He previously worked as a staff member of President Bill Clinton's Council of Economic Advisers. Orszag's stint at the Clinton White House overlapped with that of Robert Rubin, former executive-committee chairman of Citigroup.

Jacob Lew, Orszag's successor as budget director, worked at Citigroup from 2006 until 2009.

Read Full Story

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

People are Reading