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The 2017 Pension Political Power 25: Kenneth Feinberg
No. 18. Kenneth Feinberg, Chairman, Founder and managingpartner, Feinberg Rozen
It takes a brave man to tell the Teamsters that they need to cut their pension benefits — and an even braver one to tell them that the cuts they have made are not enough. Kenneth Feinberg is that man. Known for his skills as a federal mediator — he oversaw the compensation funds for victims of the 9/11 terrorist attacks and the Deepwater Horizon spill, among others — Feinberg was chosen by the Obama administration to oversee the restructuring of insolvent multiemployer retirement funds. The post was created under the 2014 Kline–Miller Multiemployer Pension Reform Act — a recognition of the stiff hurdles the nation’s private sector union pension plans were facing. Last year Feinberg, 71, rejected the first restructuring proposal submitted by the Central States Pension Fund, leaving its more than 400,000 Teamsters uncertain about their retirement future. In February he approved the restructuring plan of the Iron Workers Local 17 pension fund. — Frances Denmark
 1. Andy Puzder Secretary of Labor  2. Bruce Rauner Governor of Illinois  3. Betsy DeVos Secretary of Education  4. Laura & John Arnold Founders, Laura and John Arnold Foundation  5. Steven Mnuchin Secretary of the Treasury |
 6. Wilbur Ross Secretary of Commerce  7. Tani Cantil-Sakauye California Chief Justice  8. Paul Ryan Speaker of the House  9. Anthony Scaramucci Founder, SkyBridge Capital  10. Kevin de León California State Senator and President Pro Tempore |
 11. Mike Enzi Chairman, Senate Subcommittee on Primary Health and Retirement Security  12. Steve Sweeney President, New Jersey State Senate  13. Jerry Brown Governor of California  14. Corey Lewandowski Co-founder, Avenue Strategies  15. Paul Singer President, Elliott Management Corp. |
 16. Randel Johnson Senior Vice President, Labor, Immigration, and Employee Benefits, U.S. Chamber of Commerce  17. Joe Manchin U.S. Senator  18. Kenneth Feinberg Founder and managingpartner, Feinberg Rozen  19. Scott Walker Governor of Wisconsin  20. Richard Trumka President, AFL-CIO |
 21. Mike Rawlings Mayor of Dallas  22. Elizabeth Warren U.S. Senator  23. Kent Mason Partner, Davis & Harman  24. Bernie Sanders U.S. Senator  25. Randi Weingarten President, American Federation of Teachers |