Magazine article American Banker

Washington People

Magazine article American Banker

Washington People

Article excerpt

Pork, Anyone?

We're not sure if this counts as feeding the hungry, but a handful of bank executives ponied up thousands of dollars for Republicans at the Presidential Gala dinner.

Federal Deposit Insurance Corp. Chairman-in-waiting Don Powell and his wife, Twanna Powell, donated $9,500, according to the campaign-finance watchdog Center for Responsive Politics.

President Bush nominated Mr. Powell, the president and principal owner of First National Bank of Amarillo, Tex., to the post in April. The Senate Banking Committee has not officially scheduled his confirmation hearing, but sources say it could be this month.

Other contributors to the lavish May 22 event, hosted by the Republican National Committee at the D.C. Armory, included John Chalsty, former chairman and now a senior adviser at Credit Suisse First Boston, who personally gave $9,500. Citigroup lobbyist Roger N. Levy donated $2,500. Capital One Financial pitched in $200,545.

AFLAC was more generous, donating a whopping $1,981,160. No wonder they didn't serve duck.

AFSA Picks Lobbyist

Countrywide Home Loans Inc. vice president Monique S. Gaw has left the mortgage giant to become the top lobbyist for the American Financial Services Association. Ms. Gaw, who was in charge of government affairs at Countrywide's Washington office, will oversee federal relations for AFSA, which represents diversified financial services companies. She succeeds Jeffrey A. Tassey, who left the group to become a partner at Williams & Jensen law firm. Before joining Countrywide, Ms. Gaw lobbied for several financial services firms and trade groups, including the National Association of Federal Credit Unions, Charles Schwab & Co., and PaineWebber Inc.

State Heads Named

Fred R. Lawson became commissioner of the Tennessee Department of Financial Institutions on May 1. …

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