The 2017 Pension Political Power 25: Laura and John Arnold

No. 4 Laura & John Arnold, Founders, Laura and John Arnold Foundation

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< 25 Top Pension Power Players

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

Since 2011 the Laura and John Arnold Foundation (LJAF) has established itself as the most powerful voice among not-for-profits fighting to reform public defined benefit pensions in the U.S. The Arnolds’ considerable wealth aids in these efforts. John Arnold, 42, made his multibillion-dollar fortune as a natural-gas trader, first at Enron Corp. and then running his own hedge fund. The couple is willing to give big bucks to candidates and campaigns that support the type of pension reform they endorse: a reduction of the burden on state and municipal coffers. The Texas-based LJAF has worked with state lawmakers to help shape pension policy, most recently in Arizona. The foundation’s top pension executive, Josh McGee, is emerging as a pension power player in his own right: In addition to his day job, he’s a senior fellow with conservative think tank the Manhattan Institute for Policy Research (see Paul Singer, No. 15) and chairman of the Texas Pension Review Board. — 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


John Arnold Laura U.S. California John Arnold Foundation
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