Former businessman Gordon Hartogensis is now officially in charge of the Pension Benefit Guaranty Corporation.
A May 16 press release from the federal pension insurer describes the brother-in-law of Senate Majority Leader Mitch McConnell (R-KY.) as “an entrepreneur, investor, and technology sector leader with experience in finance, asset management and software development.” He most recently ran a family trust.
Senate Democrats repeatedly questioned the wisdom of rotating leaders at the struggling agency, which could be insolvent by 2025 , but Hartogensis ultimately secured a five-year term on April 30.
“I am looking forward to working with Congress, the Administration and ...
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