Bush Lobbyist Moving to Citigroup
WASHINGTON (AP) _ President Bush’s top liaison to Capitol Hill, Nicholas Calio, is moving to Citigroup as the financial-services firm’s top liaison to the government.
On Wednesday, one day after Calio announced he would leave the White House on Jan. 10, Citigroup named Calio as senior vice president in charge of global government affairs. He will oversee the company’s relations with the federal government, state governments and foreign governments.
In a memo Wednesday to Citigroup’s senior management, chairman and chief executive Sandy Weill said the firm is counting on Calio’s experience with government regulators and elected officials to help Citigroup make ``substantial contributions to ongoing debates on critical issues and matters related to business, our industry and the health of our global financial system.″
Calio brings to the private sector experience in two Bush White Houses. He was also director of legislative affairs for the first President Bush, then left to found a lucrative lobbying business that represented such clients as Anheuser Busch, AT&T, Boeing Corp. and Merrill Lynch.