comments_image Comments

Obama taps Goldman Sachs exec as Canada envoy

A veteran Goldman Sachs & Co. executive and major fundraiser for President Barack Obama has been nominated as the next ambassador to Canada — the latest in a parade of big-dollar campaign backers slated to represent U.S. interests abroad.

Chicago-based Bruce Heyman raised more than $750,000 for Obama’s committees since 2007, along with his wife, according to a Center for Public Integrity review of records.

Heyman’s nomination is a sort of milestone for the White House: During his second term, Obama has now tapped 20 campaign bundlers for ambassadorships. Together, these moneymen and women raised at least $13.8 million — and likely much more — for Obama’s political committees since 2007, according to the Center for Public Integrity’s research.

Continue Reading...