The Administration of President Barack Obama has continued the revolving-door relationship between the private sector and Washington, as he has appointed Wendy Sherman to the position of undersecretary for political affairs, The Washington Times reported.
Wendy Sherman previously worked for the Clinton Administration, a position that she left in order to take over the charitable arm of the mortgage giant, Fannie Mae. Sherman then spent a period of time as a counselor to Secretary of State Madeleine Albright and then oversaw Obama’s transition team before leaving to help run a large international consulting firm, according to the newspaper.
After working with clients like Coca-Cola and Wal-Mart, Sherman is poised to join the State Department again, a move that comes at a time when Obama has campaigned on the notion that the revolving door between corporate America and the government should be shut, reported the Times.
Wendy Sherman has not yet been approved by the Senate Foreign Relations Committee, and there has been pressure from GOP Senators to have her reveal clients that she worked with while in the private sector, according to Foreign Policy.