Friday, September 14, 2018

Jack Lew Goes Silicon Valley Crony

Former Treasury Secretary Jack Lew has announced that he will chair the advisory board of consumer-lending tech company Blend. The San Francisco-based start-up handles online mortgage applications for incumbents like Fannie Mae, Freddie Mac, U.S. Bank and Wells Fargo.

The company has attracted $160 million of private funding from Andreessen Horowitz, Greylock Partners, Peter Thiel's Founders Fund and other venture investors, according to Crunchbase.


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