'Jeff Zients has become astonishingly rich by profiteering in healthcare,' a liberal think tank said.
Progressive Twitter users were quick to recirculate old articles criticizing Zients after the news broke on Twitter Sunday that he would be taking over for Klain in the coming weeks.Zients held several positions in the Obama administration, including director of the National Economic Council from March 2014 to January 2017, before he returned to the private sector, sitting on the board of directors at Facebook and holding executive jobs at The Advisory Board Company and CEB.
The CEPR's Revolving Door Project, which frequently criticizes Zients’ wealth and corporate past, blasted his hiring as chief of staff on Sunday. "Joe Biden’s best chance to fight for the American people and defeat the dark forces threatening our economy is to show real results via the branch of government he runs – the executive branch," he said.
Several months later, when rumors first surfaced about Zients succeeding Klain, the project published an article examining Zients’"corporate past," which also looked at his investment firm Portfolio Logic LLC, where he was managing partner.