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Biden adviser’s lobbyist brother cashes in after Biden win
A Washington lobbyist whose brother serves as a top adviser to President Joe Biden had his best quarter in over a decade as Biden prepared to take over the White House. Jeff Ricchetti, brother of White House counselor and longtime Biden ally Steve Ricchetti, brought in $610,000 in lobbying revenue from October through December, according to newly released lobbying filings. His firm had its best quarter since 2009, attracting numerous pharmaceutical companies and picking up new clients after Biden secured the presidency.
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Lobbying spending nears record high in 2020 amid pandemic
Lobbying spending remained steady in 2020 amid partisan gridlock, a tumultuous election and the devastating COVID-19 pandemic. Lobbying spending nearly reached $3.5 billion in 2020, according to OpenSecrets’ review of lobbying filings, just falling short of 2019’s record total. The final year of former President Donald Trump’s term capped three straight years of relatively high lobbying spending, a departure from the final years of the Obama administration.
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Trump-tied lobbyists paid massive sums to push pardons
Washington lobbyists with close ties to outgoing President Donald Trump were paid lucrative sums by clients angling for last-minute pardons from the president.
Matthew Schlapp, chairman of the American Conservative Union and a close Trump ally, brought in the largest haul. According to a new lobbying filing, Schlapp was paid a whopping $750,000 since mid-December to lobby Trump to pardon Parker Petit, a top Republican donor who served as Georgia finance chairman for Trump’s 2016 campaign. Petit was convicted of securities fraud in November.
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