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July 18, 2013 05:59 am GMT

Gov't Analysis Startup FiscalNote Enlists Former Cabinet Secretary Lu And Elsevier's Chi As Advisors

fiscalnote logoFiscalNote, a startup that promises to help businesses track and predict state and local legislation, is announcing that it has brought on two prominent advisors Chris Lu, former White House Cabinet Secretary for Barack Obama, and Youngsuk Y.S. Chi, chairman of publishing company Elsevier.The startup was founded by Tim Hwang, former president of the 750,000-member youth lobbying group of called the National Youth Association. Hwang said that many businesses need to keep follow state and local laws and regulations that may affect them, as well as things like court cases and speeches. Most of the information is online, somewhere, but to actually track everything, "they need hire different interns hitting refresh on all 50 states to find updated legislation in their specific verticals."

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