Post #39182 by ges on the US Policy board

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It's springtime and the smell of corruption is in the air.

There has seldom been a better time for the wealthy oligarchs to suckle on Uncle Sam's sweet teat.

What Happened: Tom Krause, CEO of Cloud Software Group, has been appointed the Treasury Department’s fiscal assistant secretary while retaining his private-sector role. Cloud Software holds federal contracts worth up to $11.8 million, including deals with the Treasury.

Why It Matters: This unprecedented dual role raises significant conflict-of-interest concerns, as Krause could influence federal contracting decisions that benefit his company, undermining ethical safeguards in government procurement.

Source: WIRED

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