Keyword: kstreet

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  • Podesta's downfall sends shock waves through K Street

    11/01/2017 5:44:10 AM PDT · by Magnatron · 45 replies
    Politico ^ | 31 October 2017 | Theodoric Meyer
    Washington lobbyists who represent foreign powers have taken comfort for decades in the fact that the Justice Department rarely goes after them for potentially breaking the law. That all changed on Monday. The news of Tony Podesta’s resignation from his namesake firm and indictment of Paul Manafort and Rick Gates sent K Street scrambling, as lobbyists rushed to make sure they’re in compliance with the rules. The developments also renewed calls for Congress to pass legislation beefing up the Justice Department’s enforcement of the law, which lawmakers in both parties have derided for lacking teeth.
  • The Weekly Fix: Double Standard

    07/30/2017 1:08:48 PM PDT · by Tolerance Sucks Rocks · 13 replies
    FreedomWorks ^ | July 28, 2017 | Adam Brandon
    The fix is in. Did you know, corporations like General Electric Co. (GE) spend more money on lobbyists than they pay in taxes? The federal government currently taxes corporations at 35 percent. While many argue the rate is too high, you don’t hear companies like GE complaining about it. That’s because they aren’t paying it. Over the past 15 years, GE’s federal income tax rate averaged only 5.2 percent. General Electric paid no federal taxes in 2010, despite earning $5.1 billion in U.S. profits. Instead, the company claimed a tax benefit of $3.2 billion. Meanwhile, GE executives awarded themselves more...
  • Number of Registered Lobbyists Falls 14% in 2017

    07/26/2017 10:14:39 AM PDT · by Lorianne · 9 replies
    Brietbart ^ | 25 July 2017 | Chriss W. Street
    The number of federally registered political lobbyists has fallen by 14 percent thus far in 2017 from the 2016 total. However, based on data provided by the non-partisan OpenSecrets.org, spending by lobbyists is on track to rise by about 3 percent in 2017. Mark Twain famously wrote: “We have the best government that money can buy.” That seemed to be the case in the Obama presidency, as registered lobbyists set an all-time spending record for any president of $26.7 billion, averaging over $3.3 billion a year. The U.S. Chamber of Commerce, which has led the lobbying charge for globalization, was...
  • Screwed again

    05/02/2017 7:09:52 AM PDT · by JayAr36 · 42 replies
    05/02/20017 | jayar36
    We have been had again. We are told when we get the House, the Senate and the Presidency we can get this country straightened out. Well we see what is happening, NOTHING, just the same old thing. As the Democrat party swings hard left the Republicans are whining, " We just can't do anything because of the Democrats." That is just BS of the highest order. What we have in the Republican party is a harem for the K Street crowd. Bought and paid for by the money they thirst for daily. Political whores doing exactly what the K Street...
  • The Story Of The Suicide Of A Powerful Lobbyist Threatens To Rock K Street

    02/13/2017 4:11:00 PM PST · by LittleSpotBlog · 15 replies
    Huff Post ^ | Ryan Grim and Paul Blumenthal
    The death of a pioneer in black arts lobbying has Washington operatives pointing fingers and lawyering up.
  • Ex-Lobbyists Have Key Obama Roles.

    WASHINGTON POST: Ex-Lobbyists Have Key Obama Roles. "Barack Obama campaigned on a pledge to change Washington, vowing to upend the K Street lobbying culture he encountered when he joined the U.S. Senate. But more than a dozen members of President-elect Obama's fast-growing transition team have worked as federally registered lobbyists within the past four years. They include former lobbyists for the nation's trial lawyers association, mortgage giant Fannie Mae, drug companies such as Amgen, high-tech firms such as Microsoft, labor unions and the liberal advocacy group Center for American Progress." Plus this artful phraseology: In a 2007 speech, he said...
  • Lobbyists struggle with Trump reality

    05/06/2016 8:21:46 AM PDT · by C19fan · 14 replies
    The Hill ^ | May 6, 2016 | Megan R. Wilson
    Republican lobbyists in Washington are struggling to come to grips with the possibility of a Donald Trump presidency. “A lot of people woke up [on Wednesday] and went, 'Oh gosh. This is not a dream,’ ” said Jeff MacKinnon, a principal at Farragut Partners. “I don't think downtown was really prepared for it happening so quickly. It did catch people off guard.”
  • Bill Kristol: I Would Rather See Hillary Win Than Trump

    03/15/2016 2:15:31 PM PDT · by tflabo · 153 replies
    NewsMax ^ | Wednesday, 02 Mar 2016 | Todd Beamon
    Donald Trump would make "a terrible nominee and a terrible president" — and The Weekly Standard Editor Bill Kristol said Wednesday that he would rather have Hillary Clinton in the White House than the Republican front-runner.
  • Donald Trump: The lobbyists' dream come true

    01/28/2016 6:38:06 AM PST · by Isara · 60 replies
    Washington Examiner ^ | 1/26/16 | Timothy P. Carney
    "He's got the right personality," Bob Dole said of billionaire Donald Trump, "and he's kind of a deal-maker." Dole was the Republicans' Senate leader in the 1990s, and was the party's presidential candidate in 1996. Dole today is a corporate lobbyist. Dole's view - that Trump is fine, but conservative Sen. Ted Cruz is unacceptable - is the standard view in the Republican parts of K Street. Lobbyists prefer Trump to Cruz for many reasons, but the core of the issue is this: Trump will preserve the lobbyists' incomes and power, while Ted Cruz might crimp K Street's style. "We...
  • Opinion : Former US Congressman Makes Historic Visit to Iran

    02/12/2015 8:45:39 PM PST · by piasa · 30 replies
    Payvand Iran News ^ | February 12, 2015 | Barbara Slavin
    With little fanfare, another taboo in U.S.-Iran relations has shattered. Jim Slattery, a former six-term Democratic Congressman from Kansas, late last year became the first former or current American legislator to visit the Islamic Republic of Iran. In Tehran to attend a conference on countering violent extremism, Slattery encountered a largely friendly reception from both officials and ordinary Iranians and came back equipped to present a more realistic and upbeat depiction of Iranians than is usually found on Capitol Hill. Speaking Monday at the Atlantic Council in Washington, Slattery conceded that there are elements in Iran that still oppose any...
  • Don’t you worry about Mary Landrieu. She’ll be just fine [Hot commodity on K-street]

    12/10/2014 7:26:05 AM PST · by SeekAndFind · 26 replies
    Hotair ^ | 12/10/2014 | Jazz Shaw
    Starting next month, Mary Landrieu is going to have a lot more time on her hands. That can be a great thing if you’re really looking forward to finally catching up on the Grand Theft Auto online game series, but such pursuits don’t really do much to pay the bills. The soon to be former Senator probably won’t have to worry about that too much, though. She’s reportedly a very hot topic on K Street . Mary Landrieu may have lost her Senate seat, but the Louisiana Democrat is a hot commodity on K Street. Several headhunters, veteran lobbyists...
  • ObamaCare’s architects reap windfall as Washington lobbyists (newly relevant)

    11/18/2014 4:40:33 PM PST · by Lorianne · 9 replies
    The Hill ^ | 25 August 2014 (relevant now) | Megan R. Wilson
    ObamaCare has become big business for an elite network of Washington lobbyists and consultants who helped shape the law from the inside. More than 30 former administration officials, lawmakers and congressional staffers who worked on the healthcare law have set up shop on K Street since 2010. ObamaCare has become big business for an elite network of Washington lobbyists and consultants who helped shape the law from the inside. More than 30 former administration officials, lawmakers and congressional staffers who worked on the healthcare law have set up shop on K Street since 2010.
  • House GOP Setting the Stage for Massive Crony Capitalist Pay Backs in a Lame Duck

    09/09/2014 10:54:17 AM PDT · by cotton1706 · 19 replies
    redstate.com ^ | 9/9/14 | Erick Erickson
    House Republicans are preparing a continuing resolution to keep the government open. In doing so, they’ve decided to be total sluts for K Street and Wall Street. The Crony Capitalists, emboldened by the Chamber of Commerce’s help during primary season, are doing some very unusual things. Here’s what I hear is happening. First, they will reauthorize the Ex-Im bank, which is something K Street is desperate to see happen. Second, current reports are that they will spend more than the original Paul Ryan — Patti Murray deal that had included a tax hike. However, that is subject to change. Third,...
  • The K Street President

    08/13/2014 6:11:12 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | August 13, 2014 | Michelle Malkin
    Wonder of wonders: The Washington press corps woke up. Finally, mainstream journalists are onto Barack Obama's game. Their breaking-news shocker? Turns out all that "hope and change" stuff was just hot air. A new report from the D.C.-based press shows that -- gasp -- the White House is infested with Beltway lobbyists. Good morning, sleepyheads! According to Politico's analysis published on Monday, the "Obama administration has hired about 70 previously registered corporate, trade association and for-hire lobbyists. And many of these former lobbyists work at the highest levels of government." Wait, there's more. The "most transparent administration ever" is playing...
  • Three Reasons Eric Cantor Quit Early

    08/05/2014 2:25:53 AM PDT · by right-wing agnostic · 14 replies
    The Federalist ^ | August 1, 2014 | Robert Tracinski
    Eric Cantor just announced that he is quitting his House seat on August 18. The remainder of his term is likely to be filled by a special election held on the same day as the election for the next term. It’s almost certain that Dave Brat, the Republican firebrand who beat Cantor in the primary, will win both and take office immediately after November 4. Why did Cantor quit? There are three reasons, and Larry Sabato notwithstanding, “generosity” to his successor isn’t one of them. 1) He’s given up on the lame duck session. The last week of this legislative...
  • Eric Cantor parties in Hamptons, campaigning for Wall Street job: report

    07/16/2014 1:16:08 PM PDT · by cotton1706 · 6 replies
    nydailynews.com ^ | 7/16/14 | Terrence Cullen
    Pick a job, any job. Outgoing House Majority Leader Eric Cantor’s career in Congress might be over, but he’s got plenty of suitors on Wall Street and in the National Republican Committee. Cantor was recently spotted at an exclusive Hamptons party, rubbing elbows with Goldman Sachs chief Lloyd Blankfien and billionaire investor Carl Icahn, according to Politico, and seemed to be pining for a finance job in New York. The seven-term congressman from Virginia lost his primary last month to Tea Party favorite Dave Brat. Cantor will step down from his leadership role at the end of July, but will...
  • John Boehner’s Brendan Buck joins AHIP as vice president

    05/13/2014 7:46:19 AM PDT · by Oldeconomybuyer · 6 replies
    Politico ^ | May 12, 2014 | By Mike Allen
    Brendan Buck, press secretary for House Speaker John Boehner (R-Ohio), on Monday was named vice president of communications for America’s Health Insurance Plans. “Brendan’s experience and skill set will allow him to hit the ground running on Day One,” AHIP President and CEO Karen Ignagni said. “He’s an effective communicator who knows how to tackle complex policy issues and skillfully navigate an ever-changing health care and media environment.”
  • Lobbyists kick in for Ready for Hillary

    04/05/2014 10:55:08 AM PDT · by mandaladon · 9 replies
    Politico ^ | 5 Apr 2014 | ANNA PALMER
    K Street is coming out for Hillary Clinton. Nearly 20 consultants and lobbyists are co-hosting a Ready for Hillary PAC fundraiser Thursday night at Capitol Hill restaurant Johnny’s Half Shell. Hosts and attendees are expected to contribute $2,500 and $1,000, respectively. Rep. Tim Ryan (D-Ohio) is the “special guest” for the event. Many of the co-hosts for the event played prominent roles in the Bill Clinton administrations or have strong Democratic ties on Capitol Hill. David Jones, finance committee member of Clinton’s 2008 presidential bid, now at Capitol Counsel, along with veteran Clinton administration loyalists like Harold Ickes and Janice...
  • Chamber spent $50 million on lobbying amid push for immigration reform

    01/21/2014 12:13:12 PM PST · by jimbo123 · 11 replies
    The Hill ^ | 1/21/14 | Kevin Bogardus
    The U.S. Chamber of Commerce spent more than $50 million on lobbying last year as it pushed for action on immigration reform. Typically the biggest K Street spender in Washington, the business group funneled about $52.7 million toward lobbying efforts in 2013, according to disclosure records. In the last quarter of the year, the group spent almost $16.5 million. Some of that money went toward lobbying on immigration reform, which is a top legislative priority for the business community. The Chamber played an instrumental role in getting a comprehensive immigration reform bill through the Senate last year by helping the...
  • K Street sizes up retiring lawmakers

    12/22/2013 6:41:10 AM PST · by Cincinatus' Wife · 17 replies
    The Hill ^ | December 21, 2013 | Kevin Bogardus
    Retiring lawmakers are likely to find a tough job market next year on K Street. Several lawmakers — many of them veterans with centrist bonafides — plan to retire after the 2014 election, making them prime recruits for lobby firms, trade groups and corporate boards. While corporate headhunters see a future on K Street for many of the retiring lawmakers, they warn that sluggish lobbying revenues and gridlock on Capitol Hill are depressing demand. “With revenues down, it's not going to be as fruitful. It will slowly pick up but we are still in a slump when it comes to...