Nancy Jacobson
Nancy Jacobson (born November 9, 1962[1]) is an American political activist best known for co-founding and running the political organization No Labels.[2]
Nancy Jacobson | |
---|---|
CEO and President of the Board of No Labels from 2010-present | |
Personal details | |
Born | Miami, Florida, U.S. | November 9, 1962
Political party | Democratic (Before 2010) Independent (2010–present) |
Spouse | Mark Penn |
Children | 1 daughter, 3 stepchildren |
Education | Syracuse University (BA) American University (MA) |
Early career
Jacobson was born in Miami and graduated from Syracuse University.[3] Jacobson's first foray into political organizing occurred when she was a student at Syracuse University, where she organized a fundraising event to support then Senator Gary Hart’s 1984 campaign for the Democratic presidential nomination.[4] She supported Al Gore’s presidential campaign in 1988,[5] and on Bill Clinton's presidential campaign in 1991, and was the finance director of the 1992 Presidential Inaugural Committee.[6] She later served as finance chair of the Democratic National Committee (DNC) and the Democratic Leadership Council (DLC).[4] From 1995 through 2010, she was the national finance director for Sen. Evan Bayh. She oversaw his political and fundraising strategy during his 2008 bid for the Democratic presidential nomination.[3] In 2007, Jacobson was named one of the 50 Most Powerful People in D.C. by GQ Magazine.[7]
No Labels
Jacobson founded No Labels in 2010 with the stated goal of promoting bipartisanship.[8] The organization has put forth ideas that it believes will "put problem solving above politics",[9] and supports centrist, moderate social and economic policies. The No Labels group has been instrumental in the creation of the Problem Solvers Caucus,[10][11] which has played a role in passing legislation since its inception.[12] A number of proposals supported by the group, including “No Budget, No Pay”, “Healthcare for Heroes,” and “Break the Gridlock” have been signed into law.[13][14][15]
As CEO and President of the Board of No Labels, she has written op-eds and opinion pieces supporting the controversial idea of running a third-party ticket for president in the 2024 United States presidential election,[16] which has alarmed No Labels co-founder William Galston (along with many Democrats) that it will throw the election in favor of Donald Trump.[17] The organization once praised Donald Trump as a problem-solver and defended him by tweeting that the January 6th hearings were "a partisan exercise."[18]
Criticism
Toxic workplace
Former employees criticized Jacobson for creating a toxic workplace culture at No Labels, where women and minority employees feel unsafe and one staffer had a panic attack. Allegations have also been made of the organization's willingness to hire and partner with people like Mark Halperin and Tom Reed who left other employment following accusations of sexual harassment or assault.[18]
Demanding total loyalty
Jacobson has also been described as requiring total loyalty from No Labels staff.[18]
Secrecy
Jacobson has also been accused of asking staff to obscure where they work on LinkedIn in order to make it harder for journalists to figure out who is working for No Labels. Additionally, while taking no formal salary until 2022, No Labels has not revealed the amount of this salary. Also, all employees are required to sign an NDA.[18]
Personal enrichment
Despite not taking salary until 2022, No Labels has contracted with firms run by her husband, awarding contracts worth a combined $1 million.[18]
Personal and family
Jacobson was born in Miami and graduated from Syracuse University.[3] She is married to Mark Penn, President and Managing Partner of The Stagwell Group, former Democratic pollster and executive for Microsoft and Burson-Marsteller.[19] The couple met in 1996 when Evan Bayh, then governor of Indiana, introduced them at a Democratic Leadership Council event. They married in 1999. They have a daughter together and three children from Penn's previous marriage.[3] As of March 22, 2023, her husband Mark Penn owns $79.5 million worth of stock in the company helped create, even after selling $81 million worth of stock in 2023, putting their net worth in the hundreds of millions.[20]
References
- POLITICO Staff (November 9, 2018). "BIRTHDAY OF THE DAY: Nancy Jacobson, founder and CEO of No Labels". Politico. Archived from the original on February 2, 2019. Retrieved 2022-12-07.
- Brooks, David (29 November 2016). "The Future of the American Center". The New York Times. Archived from the original on March 7, 2023.
- Baer, Susan (August 1, 2006). "When Marriage and Politics Conflict". Washingtonian. Archived from the original on September 3, 2007.
- Shane, Cari (2010-12-14). "The Manufacturing of No Labels". HuffPost. Archived from the original on December 19, 2010. Retrieved 2019-03-25.
- Keller, Emma Gilbey (2009-07-13). "Q & A with Nancy Jacobson". Slate. Retrieved 2019-03-25.
- "Key People- Sen. Evan Bayh (D-IN)". p2008.org. Retrieved 2019-03-25.
- Naddaf, Raha and Greg Veis (September 2007). "The 50 Most Powerful People in D.C." GQ. Retrieved 2009-05-19
- "The Truth About No Labels | RealClearPolitics". www.realclearpolitics.com. Retrieved 2019-03-21.
- Jordan, Chuck (2018-12-06). "Setting the record straight about No Labels". The Hill. Retrieved 2019-03-21.
- "Nancy Jacobson | Rebuilding the Political Divide With Fewer Labels and More Conversations". donothing. Retrieved 2021-01-26.
- "A Call to Revive America's Political Center | RealClearPolitics". www.realclearpolitics.com. Retrieved 2020-12-20.
- "Battleground Democrats make USMCA push amid impeachment furor". Politico. Retrieved 2020-12-20.
- Clift, Eleanor (11 April 2015). "The Only Bipartisan Game in Town". The Daily Beast.
- Yingling, Jennifer (2014-02-25). "Working together to take care of our service men, women and returning vets". The Hill. Retrieved 2019-03-21.
- "The Democratic House wants to reform democracy. It's not a panacea — but it's a start". The Washington Post. January 3, 2019.
- Jacobson, Nancy (2022-04-26). "The 2024 surprise few can see coming". The Hill. Retrieved 2022-12-07.
- Galston, William A. "Opinion | No Labels May Re-Elect Donald Trump". WSJ. Retrieved 2023-05-06.
- Lippman, Daniel (December 8, 2022). "Inside the turmoil roiling No Labels' unity ticket presidential campaign". POLITICO. Retrieved 2023-05-06.
- TADENA, NATHALIE (Jun 17, 2015). "Microsoft's Mark Penn Forms New Digital Marketing Investment Group". The Wall Street Journal.
- "Mark Penn net worth, bio and Stagwell Inc insider trades". Benzinga. Retrieved 2023-05-06.