Drew Maloney scheduled to resign soon as Treasury Department Assistant Secretary, Legislative Affairs

June 11, 2018: Drew Maloney is scheduled to resign as the Assistant Secretary for Legislative Affairs at the U.S. Department of the Treasury this week, the week of June 10-16, 2018. He is expected to take a job leading the American Investment Council, the top trade association for private equity companies. Maloney was previously a U.S. House leadership aide, a longtime lobbyist and the director of legislative affairs for Mitt Romney’s presidential campaign. Maloney is the latest staffer to depart the Trump administration in recent weeks, after the loss of staffers from the White House National Economic Council, the White House National Security Council and the White House Communications and Press offices. With little major legislation expected to pass before the midterms, several staffers involved in making or messaging policy have been looking to resign. And several Republican staffers from the Hill and the administration, who helped to write the tax bill, have recently left their posts to cash in on their expertise with lucrative K Street or private sector jobs. The top position at the American Investment Council opened up in early May, 2018, when Mike Sommers, the president and chief executive officer of the group and a former Chief of Staff for former U.S. House Speaker John Boehner, Ohio Republican, was named as the incoming director of the American Petroleum Institute.

Attribution: Politico

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