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December 5th, 2019
This week in money-in-politics
Fastest-growing Washington lobbying firms benefit from Trump ties and revolving door hires
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For many well-connected Washington lobbying firms, business is booming after President Donald Trump’s 2016 election. At least 22 lobbying firms saw revenue more than double in the Trump era compared to the previous three years, with many signing high-dollar contracts with big-name clients, an OpenSecrets analysis found.
The reasons for the revenue spikes vary. Some lobbying firms simply received a bigger check from existing clients or took on new ones as businesses were eager to influence the new administration. Others grew their team, recruiting well-connected lobbyists who brought their existing clients to their new firms. Some firms touted connections to the Trump orbit, luring clients who wished to have the president’s ear.
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** GOP Senate appointee Kelly Loeffler has extensive history of giving to Republicans — and a few Democrats
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Atlanta businesswoman Kelly Loeffler will replace Sen. Johnny Isakson (R-Ga.) when the longtime lawmaker retires at the end of the year, Georgia Gov. Brian Kemp confirmed Wednesday. Conservative commentators have criticized the choice, noting Loeffler has contributed to Democrats. Read More ([link removed])
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** Donor Profile: George Nader & Affiliates
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The Department of Justice indicted Ahmad “Andy” Khawaja, the CEO of an online payment processing company, and George Nader, an adviser to the United Arab Emirates, for concealing the source of $3.5 million in straw contributions. Nader is accused of attempting to gain influence with high-profile lawmakers on behalf of a foreign government while making straw contributions through Khawaja and several others. Read More ([link removed])
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** Trump Foundation tax return shows activities grinding to a halt before shutdown
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New tax returns for the Donald J. Trump Foundation reveal the charitable organization raised no money and gave none away in the year leading up to President Donald Trump’s agreement to shut down the controversial charitable vehicle. Trump was listed as president of the Trump Foundation for the entirety of his first two years in the White House. Read More ([link removed])
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Democratic drop-outs spent at least $74M pursuing unsuccessful 2020 bids
Sen. Kamala Harris (D-Calif.) became the latest 2020 Democrat to drop out of the presidential race Tuesday, ending a campaign that struggled to develop momentum with voters and donors. In an email to supporters Tuesday, Harris said she didn’t have enough campaign cash to stay in the race, all while taking a veiled shot at billionaire candidates Tom Steyer and Michael Bloomberg.
Harris and her fellow former Democratic 2020 presidential candidates have spent at least $74 million, a number sure to rise as year-end campaign finance reports reveal their total spending, and as others abandon their flailing campaigns.
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OpenSecrets in the News
See where we've been cited by media outlets around the nation this week.
* ** Mayor Pete is Hollywood’s top pick now that Kamala Harris is out of the presidential race (CNBC) ([link removed])
Among presidential candidates, only Kamala Harris has raised more money than Pete Buttigieg from the entertainment industry.
* ** Breaking Down The Net Worth Of Each 2020 Presidential Candidate (CBS Minnesota) ([link removed])
CBS Minnesota used OpenSecrets data to break down the 2020 competitors by net worth following Kamala Harris' statements about billionaires in the race.
* ** Senate Confirms Dan Brouillette to Lead Energy Department (The New York Times) ([link removed])
The former lobbyist now becomes President Trump’s second energy secretary, succeeding Rick Perry. He and his wife have been significant Republican donors.
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