Remember this guy?
“We finally cleaned up public housing in New Orleans. We couldn’t do it, but God did,”- Rep. Richard Baker (R-LA).
He quits. He gives up. He doesn’t want his position as the second ranking member of the Financial Services committee anymore. He’s outta here by February 6th…won’t even finish out his term. Is it because he doesn’t like life in the minority? Nah…this guy is a Republican, remember?
The dean of Louisiana’s congressional delegation, Rep. Richard Baker, has decided to step down from Congress after 22 years to take a lucrative job in the private sector representing investors he has spent a career regulating…
Baker, 59, a senior member of the House Financial Services Committee will take the helm of the Managed Funds Association, the industry group that represents the $1.8 trillion hedge fund industry. As president and CEO, his salary and benefits package is expected to exceed $1 million a year.
Weren’t there, like, lobbying rules enacted by Congress this year? Never mind.