buzz

talent

Izzy Klein
Andy Lewin
Mike Quaranta

The Podesta Group’s robust financial services team has been at the forefront of some of the most pressing and challenging financial services issues. At the height of the credit crisis, the Podesta Group was there, pressing key regulators and successfully advocating on behalf of some of the nation’s largest lending companies and thousands of American consumers and small businesses desperately needing access to credit. With deep and diverse relationships on Capitol Hill our strategists know how to earn a seat at the financial services policy table and leverage extensive experience working with the House and Senate, the US Treasury and the SEC to the benefit of firm clients.

Wins

Financial Services

Buzz

March 16, 2011

Anna Taylor, formerly tax and legislative counsel to then-Sen. Blanche Lincoln (D-Ark.), has been hired as a principal at the Podesta Group to oversee myriad legislative, regulatory and policy issues with a focus on taxes.

“Tax policy and the potential for tax reform are issues that will be front and center through the 112th Congress and beyond,” said Podesta CEO Kimberley Fritts.



June 10, 2010

Silicon Valley entrepreneur Chris Larsen started Prosper Marketplace Inc. as an alternative lender for small loans -- an online community where borrowers seeking up to $25,000 are matched with lenders who bid for their business.

The Securities and Exchange Commission saw it differently, contending that Prosper is an investment firm in disguise.

April 26, 2010

Lobbyists for banks and finance companies big and small were crawling all over Capitol Hill last week as the Senate worked on a bill to overhaul the financial regulatory system. But senators, it seemed, only saw the ones that represented local business back home.

Read More

Pulse

April 17, 2012

When the House and Senate broke for their two-week April work period, they achieved something that few thought possible – a Rose Garden signing by President Obama of a major piece of bipartisan legislation: the JOBS Act. Last week, Democrats, Republicans and entrepreneurs flanked the president and in his remarks, he called the new law a “game changer.” He’s right.

December 21, 2011

Few overhauls of our nation’s financial regulatory system have been bigger and more comprehensive than the Dodd-Frank Act, which was enacted in the summer of 2010. While stakeholders may disagree over the details, few could argue that federal regulations have been adequately updated to keep pace with technological and financial innovations. From online stock trading to new kinds of mortgages to financing a home, the financial services world is not your grandfather’s community bank anymore. 

February 18, 2011

For those who want to write the premature obituary to the House and Senate Appropriations Committees, let me say that from agriculture to foreign policy, and from defense spending to greenhouse gas emissions, these committees will have their hands in most of the major policy fights of the 112th Congress. With spending earmarks off the table for the time being, regulatory action may become the new earmark.

January 21, 2011

The tax deal of December should give everyone a preview of politics to come in 2011.

May 11, 2010

The financial world was in a tailspin, and Congress was under intense pressure to pass an unpopular Wall Street bailout.

On Capitol Hill, the tough job of selling a $700 billion taxpayer-funded rescue package with the 2008 election looming fell in part on the shoulders of two young staffers and friends with remarkably similar life stories.

Read More