The 2017 Pension Political Power 25: Mike Rawlings

No. 21 Mike Rawlings, Mayor of Dallas

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< 25 Top Pension Power Players

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21. Mike Rawlings
Mayor of Dallas

In November, Dallas Mayor Mike Rawlings testified before the Texas Pension Review Board that his city faces bankruptcy if something isn’t done to fix its struggling, scandal-plagued Police and Fire Pension System. The rating agencies agree with the former Pizza Hut CEO: In December, Moody’s Investors Service downgraded Dallas’s general obligation bonds from Aa3 to A1, citing challenges surrounding the poorly funded $2.1 billion public safety pension plan. It was Moody’s third downgrade since October 2015, all for the same reasons. Just the day before the most recent cut, the pension plan’s trustees had halted lump-sum withdrawals; that action was taken in response to the 62-year-old Rawlings’s unusual step of suing the pension fund and its board as a private citizen to try to prevent a equivalent of a bank run. — Imogen Rose-Smith


The 2017 Pension Political Power 25

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1. Andy Puzder
Secretary of Labor

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2. Bruce Rauner
Governor of Illinois

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3. Betsy DeVos
Secretary of Education

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4. Laura & John Arnold
Founders,
Laura and John Arnold Foundation

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5. Steven Mnuchin
Secretary of the Treasury

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6. Wilbur Ross
Secretary of Commerce

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7. Tani Cantil-Sakauye
California Chief Justice

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8. Paul Ryan
Speaker of the House

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9. Anthony Scaramucci
Founder, SkyBridge Capital

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10. Kevin de León
California State Senator and President Pro Tempore

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11. Mike Enzi
Chairman, Senate Subcommittee on Primary Health and Retirement Security

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12. Steve Sweeney
President,
New Jersey State Senate

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13. Jerry Brown
Governor of California

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14. Corey Lewandowski
Co-founder, Avenue Strategies

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15. Paul Singer
President,
Elliott Management Corp.

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16. Randel Johnson
Senior Vice President, Labor, Immigration, and Employee Benefits, U.S. Chamber of Commerce

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17. Joe Manchin
U.S. Senator

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18. Kenneth Feinberg
Founder and managingpartner, Feinberg Rozen

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19. Scott Walker
Governor of Wisconsin

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20. Richard Trumka
President, AFL-CIO

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21. Mike Rawlings
Mayor of Dallas

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22. Elizabeth Warren
U.S. Senator

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23. Kent Mason
Partner,
Davis & Harman

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24. Bernie Sanders
U.S. Senator

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25. Randi Weingarten
President, American Federation of Teachers


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