Politically Connected: Ties Link Embattled Government Bank, Well-Heeled Consultants [View all]

[TheNutcracker]

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Source: The Daily Signal - Economy

Clients of a high-powered Washington consulting firm appear to have benefited from the outfit’s ties to the Export-Import Bank and the Obama administration, which wants to save the embattled federal agency.

Critics long have faulted the Export-Import Bank for helping politically connected companies secure taxpayer-backed financing. And the consultants at Albright Stonebridge Group, which is headed by a former U.S. secretary of state and bills itself as the “premier strategic advisory and commercial diplomacy firm,” pride themselves on making worldwide connections. The firm’s chairman and one of its namesakes is Madeleine Albright, who served as secretary of state during the Clinton administration.

Among other roles, Albright Stonebridge Group helps clients with government relations and crafts messaging plans for businesses. It is not, however, a registered lobbying firm, according to records at the Center for Responsive Politics, a nonprofit that tracks how money and lobbying affect politics.

Carol Browner works as a senior counselor at ASG and previously served as a senior principal there. A member of the Obama-Biden transition’s advisory board, Browner was appointed to Ex-Im’s advisory committee for fiscal 2013. She was administrator of the Environmental Protection Agency during the Clinton administration and, under President Obama, directed the White House Office of Energy and Climate Change Policy from 2009 to 2011.

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