Joe Biden’s New Communications Director Made Millions in Corporate Consulting

Before being tapped to become Joe Biden's new communications director, political advisor Ben LaBolt made a pretty penny in corporate consulting — and many of his former clients have obvious interests in White House policy decisions today.

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Joe Biden during a speech about creating new manufacturing jobs, in Washington, DC, April 25, 2023. (Jim Watson / AFP via Getty Images)


In February, President Joe Biden tapped well-connected political advisor Ben LaBolt to be his new communications director. Now, newly released financial disclosure documents show that LaBolt’s previous trip through Washington’s revolving door was incredibly lucrative, and many of his former clients have a stake in pressing matters before the administration, from gig labor and crypto regulations to railroad safety.

LaBolt worked as President Barack Obama’s deputy press secretary before turning to corporate consulting. The disclosures are a perfect illustration of how profitable this career path can be: LaBolt reported owning assets worth potentially more than $20 million last year.

And while LaBolt was reportedly barred from “participating in legal matters, investigations, or contracts” relating to some of his former tech and crypto industry clients when he joined the Biden administration, many of his other former clients have obvious interests in White House policy decisions today.

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