Former Bridgewater Associates’ legal counsel James Comey has officially been sworn in as the new head of the Federal Bureau of Investigation.
The New York Times reported that President Barack Obama spoke at Monday’s ceremony that recognized Comey, who left Ray Dalio’s Connecticut-based Bridgewater earlier this year, as the new director of the agency.
President Obama, who nominated Comey earlier this year to the new post, praised Mr. Comey during the induction ceremony as a director with broad appeal and experience, having served as a former deputy attorney general in the Bush administration’s Justice Department.
Comey, who is best known for his objection to an eavesdropping program by the government in 2004, replaces Robert Mueller III, who retired after more than a decade on the post.
Bridgewater Associates is the world’s largest hedge fund with $144 billion in assets.