The Problem With Jeff Zients, Biden’s New Chief of Staff ...Middle East

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It’s been a day since President Joe Biden has picked Jeff Zients, his former Covid-19 response advisor, to replace Ron Klain as his chief of staff, and the reaction has not been pretty.Zients comes from the private equity world and is estimated to have a net worth of between $89 and $442 million, according to MarketWatch. He made a lot of this money investing in health care corporations. Zients’s investment fund, Portfolio Logic, featured multiple firms that paid millions of dollars in settlements for alleged Medicare and Medicaid fraud. He was also one of the original investors in the popular Washington, D.C. bagel chain Call Your Mother (one of the few local restaurants the Bidens have fre

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Last updated : 24 January 2023 clock 02:12 AM

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