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Thursday, May 25, 2023

Six Influential Fundster Allies In Washington

News summary by MFWire's editors

At least six allies to the mutual fund industry are among the most influential lobbyists in Washington, D.C., at least according to the folks at one magazine in the area.

Last month, the Washingtonian's team released their third annual list of the 500 Most Influential People Shaping Policy. The list is divided into 18 categories, and includes people who have "deep subject-matter expertise." Elected officials, Capitol Hill staffers, and administration staffers are not eligible for consideration for the list (though some winners are former politicians or former civil servants).

The list includes an executive from a trade group that supports asset managers, broker-dealers, and other financial services firms. Ken Bentsen, president and CEO of SIFTMA, is recognized in the "banking & finance" category.

The list also includes executives from three firms (two publicly traded banks and a mutually owned insurer) with their own fund firms. Those executives are: Tim Berry, head of global government relations at JPMorgan Chase; Michael Paese, global co-head of the office of government affairs at Goldman Sachs; Michael Thompson, managing director and head of U.S. government affairs at Goldman Sachs; Joe Wall, managing director of government affairs at Goldman Sachs; and Alison Weiss, head of government relations at MassMutual. Wall is recognized in the "business & labor" category, but the other executives are recognized in the "banking & finance" category. 

Edited by: Neil Anderson, Managing Editor

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