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April 4, 2024
March Madness 2024: K Street Classic showcases tournament’s biggest lobbying spenders
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In 2023, federal lobbyists received a combined $15.5 million from the colleges and universities competing in this year’s basketball tournament.
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Top fundraisers vie to succeed McConnell as Senate GOP Leader
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Since 2015, McConnell has raised more than $1 billion for Republicans through outside groups affiliated with him, and his successor will be expected to maintain that pace once he has stepped down.
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Chart of the Week
Dive deeper into the data behind the headlines
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The University of Colorado‘s men’s basketball team fell out of the March Madness tournament with a loss to Marquette in the round of 32. But when it comes to how much money American universities and colleges spend on federal lobbying, Colorado is the clear winner!
Like most universities and colleges, the University of Colorado and the University of Texas lobbied heavily to secure federal funding for scientific research and development on a range of subjects including artificial intelligence, quantum computing and climate resiliency. According to the National Center for Science and Engineering Statistics, federal agencies fund more than half of all university research.
As higher education institutions grapple with issues such as taxation, federal funding and scrutiny from politicians over perceived liberal bias, they are navigating an ever more complex political terrain — and increasingly turning to K Street.
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OpenSecrets in the News
See our media citations from outlets around the nation this week:
TikTok Spends Millions on Ad Blitz as Congress Considers Banning the App (The New York Times) [[link removed]]
ByteDance spent $8.7 million on lobbying last year, according to OpenSecrets, a nonprofit research group, and its in-house team and a variety of outside firms are trying to influence lawmakers.
The GOP’s big-donor problem (Politico) [[link removed]]
In the 2020 cycle, big donors — those who gave $100,000 or more — who contributed only to Democrats contributed $5.2 billion, according to FEC data analyzed by OpenSecrets. Only-Republican big donors chipped in $3.3 billion, a huge number that nevertheless left them trailing by almost $2 billion.
As obesity rises, Big Food and dietitians push ‘anti-diet’ advice (Washington Post) [[link removed]]
General Mills has funded at least seven scientific studies since 2019 claiming that cereals are beneficial to consumers’ health. The company spent more than $2 million in 2022 and 2023 lobbying the federal government, according to data from OpenSecrets, a nonprofit group.
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The Only U.S. Lawmaker Born in Ukraine Is Now Skeptical of More Aid (The Wall Street Journal) [[link removed]]
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New freight crew rule tests rail industry's clout, one year after East Palestine disaster (CNBC) [[link removed]]
[[link removed]] [[link removed]] [[link removed]] Texas billionaires backing Trump and Biden prove stricter campaign finance laws are needed [[link removed]] (Houston Chronicle) [[link removed]] [[link removed]]
With States Leading on Climate Policy, New Tools Peer Into Lobbying ‘Black Box’ (Inside Climate News) [[link removed]]
GOP Senate candidates rely on outsider playbook (The Washington Post) [[link removed]]
Trump can't match Biden's 2024 fundraising, Republican's campaign says (Reuters) [[link removed](Reuters)%20%2D%20Donald,in%20a%20call%20with%20reporters.]
Dread filing taxes? Here’s why it’s so complicated and expensive. (Straight Arrow News) [[link removed]]
Democratic operative behind ‘fake news’ network scored almost 20 Biden White House visits (Washington Examiner) [[link removed]]
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