Former Minnesota Gov. Tim Pawlenty waves as takes the stage during the third day of the Republican National Convention at the Tampa Bay Times Forum on Aug. 29, 2012 in Tampa, Fla. - 

Among the early contenders for president way back during the Republican primary was former Minnesota Governor Tim Pawlenty. He didn't win the primary, as we all know, though he did later joined Mitt Romney's campaign.

Pawlenty just started a new position with the Financial Services Roundtable, a lobbying firm that represents banks and other financial institutions. Pawlenty told us he will work to help "re-instate the credibility and vitality and integrity of these institutions."

Pawlenty addressed criticism that lobbyists have prevented the implementation of Dodd-Frank, legislation that would help regulate the financial industry: "To say that the delay in actually... getting the rules finalized and published is because of lobbying, I don't think that's fully accurate or a fully fair statement."

The governor started his new position with the Financial Services Roundtable on Nov. 1st. He says he doesn't have plans to re-enter politics any time soon.

Follow Kai Ryssdal at @kairyssdal