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Home » News » Editor Favorites

Wednesday, January 14, 2009

EXCLUSIVE: Vilsack's revolving door on energy

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Agriculture pick pushes Obama ethics

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MOVER: Former Iowa Gov. Tom Vilsack has gone from public service to the business sector and now back into politics.
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The appointment of Tom Vilsack to be agriculture secretary will test President-elect Barack Obama's pledge to close the "revolving door" between government and businesses it regulates.

More Editor Favorites Stories

  • Offense erupts in Caps' victory
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By Jerry Seper

EXCLUSIVE:

President-elect Barack Obama promised to expand the nation's renewable energy sources and close the "revolving door" that allows top officials to profit by moving between government and the businesses it regulates.

His appointment of Tom Vilsack as agriculture secretary may test the limits of both of those promises.

During his days as Iowa's governor, Mr. Vilsack provided a classic example of the revolving door that helps politicians benefit both politically and personally from their government contacts.

As governor early this decade, Mr. Vilsack took state actions that greatly boosted MidAmerican Energy Co.'s expansion into wind energy. He later collected political donations from company executives when he chose to run for president in 2008.

When he stepped down from office in 2006, Mr. Vilsack went to work as a consultant for the very same energy company helped by his policies, a Washington Times review of public records found. Now Mr. Vilsack is poised to return to government, where he'll help shape a renewable-energy industry that counts MidAmerican as one of its major players.

A Senate committee is set to review his nomination Wednesday.

Ethics experts say Mr. Vilsack probably will have to remove himself from decisions that would affect his former employer if he is to live up to the new president's ethics rules.

"He should be obligated to recuse himself in those matters of a direct pecuniary nature," said Craig Holman, legislative director for Public Citizen, a nonpartisan watchdog group that tracks political fundraising and its influence on government policy.

With his nomination pending, Mr. Vilsack was not available for comment, but he told reporters last year that since joining the private sector he had "a very limited client list" and that MidAmerican had no business pending before the federal government. "I can promise I will do whatever is appropriate in the face of the conflict," he said.

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