Bush Nominee to Get Payment From Old Job
By STEPHEN LABATON
Published: May 16, 2007
WASHINGTON, May 15 — A senior lobbyist at the National Association of Manufacturers nominated by President Bush to lead the Consumer Product Safety Commission will receive a $150,000 departing payment from the association when he takes his new government job, which involves enforcing consumer laws against members of the association.
The lobbyist, Michael E. Baroody, wrote recently to the commission’s general counsel that the severance was an “extraordinary payment” under a federal ethics rule, requiring him to remove himself from agency matters involving the association for two years. Under the rule, a payment is “extraordinary” if an employer grants it after learning that the employee is being considered for a government position and it is not part of an established compensation or benefits program.
Mr. Baroody said in the letter that the payment would not prevent him from considering matters involving individual companies that are members of the manufacturers’ association, many of whom are defendants in agency proceedings over defective products or have other business before the commission. Nor would it preclude him from involvement with smaller trade groups like those representing makers of home appliances and children’s products that have alliances with the association.
As chairman of the commission, Mr. Baroody’s salary would be $154,600. With the severance payment and an additional lump sum of $44,571 for unused leave time, Mr. Baroody would receive $349,171 this year. That amount, which excludes Mr. Baroody’s pension and retirement payments, nearly matches the $344,607 salary that Mr. Baroody earned as the second-highest-paid executive at the association last year.
The nomination of Mr. Baroody, executive vice president at the association, has provoked heavy criticism from Democrats and consumer groups. He is the latest in a line of industry officials and lobbyists to be given senior jobs by Mr. Bush at federal safety agencies that oversee matters like workplace and mine safety and transportation as the administration has sought to roll back hundreds of regulations that businesses viewed as excessive. >>>cont
LinkHere
Published: May 16, 2007
WASHINGTON, May 15 — A senior lobbyist at the National Association of Manufacturers nominated by President Bush to lead the Consumer Product Safety Commission will receive a $150,000 departing payment from the association when he takes his new government job, which involves enforcing consumer laws against members of the association.
The lobbyist, Michael E. Baroody, wrote recently to the commission’s general counsel that the severance was an “extraordinary payment” under a federal ethics rule, requiring him to remove himself from agency matters involving the association for two years. Under the rule, a payment is “extraordinary” if an employer grants it after learning that the employee is being considered for a government position and it is not part of an established compensation or benefits program.
Mr. Baroody said in the letter that the payment would not prevent him from considering matters involving individual companies that are members of the manufacturers’ association, many of whom are defendants in agency proceedings over defective products or have other business before the commission. Nor would it preclude him from involvement with smaller trade groups like those representing makers of home appliances and children’s products that have alliances with the association.
As chairman of the commission, Mr. Baroody’s salary would be $154,600. With the severance payment and an additional lump sum of $44,571 for unused leave time, Mr. Baroody would receive $349,171 this year. That amount, which excludes Mr. Baroody’s pension and retirement payments, nearly matches the $344,607 salary that Mr. Baroody earned as the second-highest-paid executive at the association last year.
The nomination of Mr. Baroody, executive vice president at the association, has provoked heavy criticism from Democrats and consumer groups. He is the latest in a line of industry officials and lobbyists to be given senior jobs by Mr. Bush at federal safety agencies that oversee matters like workplace and mine safety and transportation as the administration has sought to roll back hundreds of regulations that businesses viewed as excessive. >>>cont
LinkHere
posted by Kangaroo Brisbane Australia at 10:22 PM
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