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American Express (AXP) on Wednesday reported earnings of $1.3 billion in the first quarter of the year, aided by aggressive cost-control efforts and by high repayment rates on its credit cards.
April 17
American Express (AXP) has hired Brett Loper, a top aide to U.S. House Speaker John Boehner, to run its Washington office.
Loper, who served as Boehner's policy director and deputy chief of staff since 2011, will be responsible for overseeing American Express' relations with federal and state policymakers, the credit card company said Monday. He earlier held a series of senior roles with the House Ways & Means Committee, the Office of Management and Budget and AdvaMed, a trade group that represents medical device makers.
"From our work to cut spending and reform our entitlement programs and broken tax code, to our efforts to enact free trade agreements and increase the supply of American energy, Brett has been at the center of every debate, and I have always benefited from his strategic advice and counsel," Boehner said Monday in a statement posted on his website. "He has an exceptional grasp of policy, politics, and the role and operations of Congress."
Loper, 40, succeeds Arne Christenson, who left American Express in January for the American Israel Public Affairs Committee.
