Ex-Bridgewater General Counsel Confirmed As FBI Chief

Jul 30 2013 | 10:06am ET

The former top lawyer at Bridgewater Associates is now the top man at the Federal Bureau of Investigation.

The U.S. Senate yesterday confirmed James Comey as director of the FBI, after Sen. Rand Paul (R-Ky.) lifted the hold he had placed on Comey's nomination. Paul said he allowed a vote only after the FBI had answered his questions about domestic use of drones.

Paul still voted against Comey's nomination, but he did so alone: Comey, who left Bridgewater in January and had been teaching at Columbia Law School, was confirmed by a vote of 93 to one.

"It is a shame that such an important and highly-qualified nominee to lead the FBI had to wait an unprecedented 38 days to be confirmed, but I am glad that senators finally came together to ensure that the FBI has a confirmed leader at the helm," Sen. Patrick Leahy (D-Vt.), head of the Senate Judiciary Committee, said.

Comey succeeds Robert Mueller, who has led the FBI for 12 years.

A Republican, Comey made his name when he refused to reauthorize the National Security Agency's domestic wiretapping program as a top official in President George W. Bush's Justice Department.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…