Top Obama Export-Import Bank appointee joins Boeing

(Washington Examiner, Washington, 14 May 2015) Kevin Varney, chief of staff at the Export-Import Bank for Obama's first term, joined Boeing as a director this month, according to his LinkedIn page. Boeing is by far the largest recipient of Export-Import Bank subsidies — typically benefitting from about 40 percent of all Ex-Im financing. Varney left Ex-Im in 2013 and joined a consultancy called 32 Advisors, founded by banker and Obama golfing buddy Robert Wolf. RedState has a story on the many revolving door connections between 32 Advisors and Ex-Im, but the new detail is that Varney has jumped to Boeing.