Romney Campaign National Co-Chair Stepping Down to Become Wall Street Lobbyist

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Jesus Lord on fire. Pawlenty couldn't wait a few weeks?

Former Minnesota Gov. Tim Pawlenty will take over one of K Street’s most prestigious jobs as CEO of the Financial Services Roundtable.

The group announced Thursday morning that the former GOP candidate for president would replace longtime CEO Steve Bartlett, who is retiring. Pawlenty will step down as co-chairman of Mitt Romney’s presidential campaign to take the position.

“Tim’s leadership, vision and ability to find common ground make him the right choice to represent the broad membership of the Financial Services Roundtable,” said Tim Wilson, the group’s chairman and CEO of Allstate.
“He is exactly the kind of leader we need to continue to improve our industry’s reputation, advocate firm-but-fair regulation and help maintain our global leadership of the financial markets.”

Pawlenty was nearly chosen as the GOP's vice presidential candidate in 2008 and was seen as a contender for the position this year with Romney, who eventually chose Rep. Paul Ryan (R-Wis.).

Romney in a statement said he was sad to see Pawlenty leave his campaign.

"He’s brought energy, intelligence and tireless dedication to every enterprise in which he’s ever been engaged, and that certainly includes my presidential campaign," he said. "While I regret he cannot continue as co-chair of my campaign, his new position advancing the integrity of our financial system is vital to the future of our country."
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http://thehill.com/blogs/on-the-mon...ake-over-as-financial-services-roundtable-ceo
 
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