From Sheila Krumholz, OpenSecrets <[email protected]>
Subject OpenSecrets Newsletter: International companies spend millions lobbying on Senate bill targeting U.S. competitiveness
Date February 17, 2022 9:01 PM
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Multinational companies spent money lobbying on the U.S. Innovation and Competition Act (USICA) that passed the Senate in June. 

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February 17, 2022
International companies spend millions lobbying on Senate bill targeting U.S. competitiveness


Lobbying filings show that foreign companies based in Asia and the Asian Pacific have lobbied on the U.S. Innovation and Competition Act (USICA), which imposes sanctions on China for human right abuses, and other bills related to boosting U.S. global competitiveness.

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Indiana’s secretary of state race on track to be the most expensive in two decades

Candidates for Indiana Secretary of State are raising money faster than in prior election cycles, meaning this race could wind up being the most expensive since 2002.

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Rams and Bengals team owners pour money into political giving

The Bengals play the Rams in the Super Bowl LVI on Sunday, and the owners of both teams have histories of using money to play politics.

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House bill funding semiconductor manufacturing could give a boost to tech companies lobbying on chip shortage issues

The America COMPETES Act could give a boost to tech companies that spent money lobbying on semiconductor chip issues last year.

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OpenSecrets in the News

See our media citations from outlets around the nation this week:



** Peter Thiel, The Right’s Would-Be Kingmaker (The New York Times) ([link removed])

Thiel’s political giving ramped up last spring with his $10 million checks to PACs supporting Vance and Masters. The sums were his biggest and the largest ever one-time contributions to a PAC backing a single candidate, according to OpenSecrets.

** As President Biden eyes drug pricing, expert laments 'failure of democracy' (Yahoo Finance) ([link removed])
Yahoo Finance analyzed data from OpenSecrets and found that 10 Democratic politicians and five Republicans were the top recipients of donations from the combined pharmaceutical health and pharmaceutical manufacturing industries during the 2021-22 election cycle.

** La Plata County commissioner candidate accepts cryptocurrency donations (The Durango Herald) ([link removed])

According to Pete Quist, deputy research director of OpenSecrets, a Washington, D.C.-based nonprofit that tracks campaign finance and lobbying, cryptocurrency accounts are often identified only by usernames and their digital addresses on trading platforms. This complicates the process when campaigns try to report their donations and can limit transparency.
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