On April 3rd, we noted that Rep. Pete Visclosky, one of the most prolific recipients of campaign cash from and earmarker of federal dollars to PMA Group clients, had requested no earmarks--not a single one--for former clients of the firm for fiscal year FY 2010. Oddly enough, employees and PACs of former PMA Group clients donated nothing to Visclosky's reelection campaign in the first quarter of 2009, according to Roxana Tiron of the Hill.
Let's see...could there be a connection?
Yesterday, Glenn Reynolds linked a Hill story noting that for Rep. John Murtha, it was "business as ...Continue reading
Electronic Filing Finally Coming to the Senate?
The Hill reported yesterday some great news. Sen. Russ Feingold is preparing to re-introduce the Senate Campaign Disclosure Parity Act,... View ArticleContinue reading
Financial Bailout: K Street hurting too?
The Hill reports that Fannie Mae and Freddie Mac are dissolving their formidable lobbying operations (when the Office of Federal Housing Enterprise Oversight was investigating their shady accounting practices, Fannie Mae was spending $8 million a year on lobbyists, some of whom were working with Congress to derail the investigation).
The Hill reports,
When the two companies were taken over by the government, they said they would end lobbying practices that had made them a powerful force in Washington.
Still, the lost contracts could hit K Street hard.
Overall, 37 outside firms filed second-quarter reports for Fannie and Freddie, according ...Continue reading