In 1988, a lawyer named Thomas Donilon advised Sen. Joseph Biden’s presidential bid and then served as senior counsel on President Bill Clinton’s 1992 transition team. Donilon became Assistant Secretary of State for Public Affairs and participated in the expansion of NATO and relations between the U.S. and China.
From 1995 to 2005, Donilon served as chief lobbyist of the Federal National Mortgage Association, better known as Fannie Mae. As CNN reported, Donilon left the government-sponsored enterprise before it imploded and “was forced to pay $400 million to the federal government for misstated earnings during his time there.” Donilon also attempted to interfere with an audit by the Office of Federal Housing Enterprise Oversight and tried to launch a separate investigation into the OFHEO itself.
In 2010, President Obama tapped Tom Donilon for National Security Advisor… Continue reading