Ex-Bridgewater Lawyer To Head FBI

May 31 2013 | 12:11pm ET

Two years after turning down the job, Bridgewater Associates' former top lawyer is poised to lead the Federal Bureau of Investigation.

President Barack Obama is set to nominate James Comey, who was a top official in President George W. Bush's Justice Department, to serve as director of the FBI. Comey is a Republican—but made a name for himself in 2004 when he refused to reauthorize the National Security Agency's domestic wiretapping program as acting attorney general.

Comey served as Bridgewater's general counsel from 2010 until earlier this year, when he joined Columbia Law School. Obama reportedly considered naming Comey FBI director two years ago, but Comey turned down the job. The president instead sought and won a two-year extension for Robert Mueller, who has led the FBI since 2001.

According to The New York Times, Comey met with Obama earlier this month, and was told he was the president's pick shortly afterward. He was selected over Lisa Monaco, the top counterterrorism adviser at the White House.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Ex-Hedge Fund Billionaire Won’t Run For Senate

Jan 23 2015 | 5:48am ET

Ex-hedge fund manager Tom Steyer will not run for Senate after Sen. Barbara Boxer...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note