Damon Munchus

In March 2010, Damon Munchus, the principal liaison between the Treasury Department and Congress regarding financial institutions and capital markets, became managing director with financial services lobbying boutique the Cypress Group, whose clients include some of the nation’s biggest banks. According to Roll Call, Munchus is the first example of an administration official leaving the Obama administration for a lobbying gig, according to several ethics lawyers, lobbyists and members of the government reform community. He was a member of Obama’s FDIC Review Transition Team, and, before that was a financial analyst at Fannie Mae. Munchus has not previously been a registered lobbyist.