Law Doesn’t End Revolving Door on Capitol Hil

The New York Times reports:

A top aide to a Republican congressman from Arizona helped promote a legislative plan to overhaul the nation’s home mortgage finance system. Weeks after leaving his government job, he reappeared on Capitol Hill, now as a lobbyist for a company poised to capitalize on the plan.

A former counsel to Democrats on the House Financial Services Committee left Capitol Hill a year ago. He, too, returned to the Hill just months later, lobbying committee aides on behalf of Wall Street giants like JPMorgan Chase and Bloomberg L.P.

And the chief of staff for the Republican chairman of the House Financial Services Committee left his government salary behind in January 2012. Yet for months afterward, he continued to manage his boss’s re-election campaign, even while serving as a lobbyist for financial industry clients.

Rent-seeking gone wild.