President Joe Biden has appointed Orin Kramer, a deep-pocketed Wall Street veteran and supporter of his 2024 reelection campaign, as chairman of the Treasury Department's Commission on Social Impact Partnerships. Watchdogs express concerns over the appointment.
Watchdogs are sounding the alarm over President Joe Biden 's move to tap a deep-pocketed Wall Street veteran boosting his 2024 reelection campaign to head up a powerful Treasury Department commission. Orin Kramer , founder of the hedge fund Boston Provident LP, was announced in a Treasury press release Thursday as chairman of its Commission on Social Impact Partnerships , an advisory board tasked with making recommendations to the agency on millions of dollars in local and state government grants.
The appointment of Kramer, who has poured hundreds of thousands of dollars into Biden's 2024 campaigns and joint fundraising committees, comes on the heels of Kramer co-hosting a “Broadway for Biden" fundraiser in September featuring performances from Hamilton maker Lin-Manuel Miranda, as well as singers Sara Bareilles and Josh Groban, a flyer show
Biden Wall Street Treasury Department Commission Social Impact Partnerships Orin Kramer
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