How K Street sees the rest of the year playing out

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Sep 10, 2024 View in browser
 
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By Caitlin Oprysko

Presented by 

American Land Title Association

With Daniel Lippman 

WHAT'S ON TAP: Congress is back in town after a monthlong break, feeling relaxed and refreshed and … very likely to hit the campaign trail in a few weeks without doing much of consequence, lobbyists project. That’s not to say K Street won’t be busy teeing up their clients’ issues for inclusion in the lame-duck session at the end of the year.

— “Most do not expect many legislative fireworks in September,” a trio of Democratic lobbyists at Hogan Lovells wrote in a memo to clients today. Lawmakers in both chambers are expected to use their short time in D.C. on a series of messaging votes in between trying to cobble together a stopgap government funding bill before the end of the month.

— A farm bill extension is also likely, Greenberg Traurig said in a note to clients this week, but the firm’s Rob Mangas and former Reps. Charles Bass and Rodney Frelinghuysen see potential for action in the Senate on rail safety legislation and artificial intelligence deepfakes.

— And while the House’s ongoing “China week” is skewing toward slightly more partisan red meat while leaving out wonkier trade measures, the team over at Invariant argues that “House passage would increase the odds that these proposals make it into an end-of-year spending package or are attached to the National Defense Authorization Act.”

— Speaking of the NDAA, the Invariant team predicts that “while possible, it is unlikely the Senate will consider the NDAA on the floor in September,” arguing that the Democratic majority “would not be well served to take difficult votes on controversial issues before the November elections.”

— Though the lame duck is where much of the legislative action will be, “this year’s lame duck is particularly hard to predict,” the Hogan Lovells Democrats write, pointing to the number of high-ranking lawmakers retiring this year, which ups the pressure to pass “legacy” bills. That could include permitting reform (a Sen. Joe Manchin [I-W.Va.] push), cryptocurrency legislation (a Rep. Patrick McHenry [R-N.C.] push), and data privacy or kids online safety legislation (a Rep. Cathy McMorris Rodgers [R-Wash.] push).

— That’s not to mention a series of health care extenders, final passage of the NDAA and farm bill, and reauthorization of the Water Resources Development Act and other extraneous items like piecemeal artificial intelligence bills.

— And team Invariant warns not to “let the absence of a major tax bill under consideration by Congress fool you — the fall will be active for tax policy issues,” as lawmakers and outside stakeholders continue laying the groundwork for next year’s tax battle.

Happy Tuesday and welcome to PI. What are you watching for in tonight’s debate? Let me know: coprysko@politico.com. And be sure to follow me on X: @caitlinoprysko.

 

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MORE CLARK-MANIA: Thanks to the readers who flagged even more lawmakers throwing fundraisers during the Washington Mystics’ game against the Indiana Fever next week, which will feature basketball phenom (and Iowa native) Caitlin Clark. Sen. John Barrasso (R-Wyo.), who is in line to become the GOP whip next year, will host donors at the game on Sept. 19 as well, according to an invite shared with PI.

— Tickets will run individual donors $1,000 (or $3,000 for a pair) and PACs $2,500 (or $5,000 for a pair), and are not included in the senator’s “season pass” bundle offered for certain donors, the invitation notes. In addition to seeing Barrasso, donors will also get to mingle with unnamed “Special Political Chief Guests” during some of Congress’ final days in town before the election.

— “Every basketball fan wants a chance to see Caitlin Clark play,” Barrasso chief of staff Dan Kunsman told PI. “She’s the most electric player in the game right now. It's likely going to sell out.” Kunsman added, though, that there are still a few box seats at the Barrasso event available.

As PI noted yesterday, House frontliners Mariannette Miller-Meeks (R-Iowa) and Susie Lee (D-Nev.) are also using the game to raise money for their reelection bids.

ALITO’S PORTFOLIO: “Justice Samuel Alito is the only U.S. Supreme Court member with a stake in more than two dozen individual companies, a distinction that threatens to sideline him from major business cases” in which he’s been a reliable industry vote, Bloomberg’s Emily Birnbaum reports.

— “Alito or his wife own tens of thousands of dollars of stock in companies including Raytheon Co., ConocoPhillips and a subsidiary of Johnson & Johnson. The holdings may force him to recuse as oil companies challenge lawsuits blaming them for climate change and J&J tries to settle talc lawsuits by placing a subsidiary into bankruptcy.”

— The justice’s 2023 financial disclosures, which were released last week, don’t specify whether stocks are owned by Alito or his wife. And while justices are allowed to hold individual stocks, ethics rules call for them to recuse from cases involving those companies.

— “Alito has recused from 64 cases involving corporations he owns shares of since 2021, according to Fix the Court, an advocacy group that supports court reform, including judicial term limits. During the last term, he recused from 15 cases due to stock ownership, far outstripping the number of recusals from all of his colleagues, according to the group’s data. Justices are not required to say why they disqualified themselves from a particular case but the tally is based on the publicly available information.”

— One other eyebrow raiser in the disclosures: During the conservative-led boycott of Bud Light last year, Alito or his wife sold $1,000 to $15,000 worth of stock in Bud Light-maker Anheuser Busch and purchased shares within that same price range of competitor Molson Coors.

RE-UPPING: “Congressional Democrats are teaming up across chambers and continuing to press oil company executives for information and details on a request from former President Donald Trump for $1 billion to aid his reelection bid,” our Anthony Adragna writes. “‘We offer you another chance to cooperate with this bicameral, multi-Committee investigation,’ the letters, obtained by POLITICO, say to the oil executives.”

— “The letters went to Occidental, ExxonMobil, Venture Global LNG, Cheniere, Continental, Chevron, Chesapeake Energy, EQT Corp., and the American Petroleum Institute,” and stem from Trump’s request to oil executives earlier this year for $1 billion for his reelection — after which he pledged to undo much of President Joe Biden’s climate agenda.

INSIDE THE SOLAR RIFT OVER CHINA: “The Biden administration touts solar energy as one of its big success stories, a booming new industry that is curbing the effects of the climate crisis and creating high-paying jobs across the country,” The Guardian’s Andrew Gumbel and Adam Lowenstein report.

— “But the more complicated truth is that the United States is mired in a long-running trade war with China, which is flooding the market with artificially cheap solar panels that carry an uncomfortably large carbon footprint and threaten to obliterate the domestic industry.”

— “The international trade battle has been partly obscured by the rhetoric on the U.S. presidential campaign trail, where Democrats led by Kamala Harris generally tout the benefits of renewable energy and the Republican ticket, Donald Trump and JD Vance, denounce what they call the ‘green new scam.’”

— “The reality, though, is that both the Trump administration in 2017-2021 and the Biden administration struggled to curb Chinese influence over the US solar market and were influenced by an energetic multimillion-dollar lobbying and public relations campaign to keep the cheap Chinese imports coming.”

FOR YOUR RADAR: Reuters’ Luc Cohen reports that “the leader of a U.S. think tank who was indicted last year on charges of acting as an unregistered agent of China has been arrested and will be extradited in the coming weeks or months, prosecutors said Monday.”

— “In July 2023, federal prosecutors in Manhattan accused Gal Luft of paying a former high-ranking U.S. government official on behalf of principals based in China in 2016, as well as seeking to broker the sale of weapons and Iranian oil. Luft, a dual U.S.-Israeli citizen, was arrested in Cyprus last February but fled while released on bail, prosecutors said in a court filing. He has since been re-arrested, prosecutors said, without specifying when or where.”

— “Luft, the co-director of the Washington-based Institute for the Analysis of Global Security, said in posts on X last year that he had never been an arms dealer and that the charges were ‘politically motivated.’” Luft had been promoted by House Republicans as a key witness in their probe of Hunter Biden’s foreign dealings.

SPOTTED at a kickoff reception on Monday for the Congressional Black Caucus Foundation’s Annual Legislative Conference hosted by Microsoft and Black Men on the Hill, per a tipster: Anais Carmona of Microsoft, Morgan Bodenarain of the CBC, Nd Ubezonu and Earnestine E. Dawson of House Minority Leader Hakeem Jeffries’ office, Feven Solomon of the White House, Sean Ryan of Rep. Barbara Lee’s (D-Calif.) office, Josh Delaney of Sen. Raphael Warnock’s (D-Ga.) office, Chonya Davis Johnson of Rep. Troy Carter’s (D-La.) office, Didier Barjon of Senate Majority Leader Chuck Schumer’s office, Chris Cox of Rep. Yvette Clarke’s (D-N.Y.) office, Nate Robinson of Rep. Lisa Blunt Rochester’s (D-Del.) office, Maalik Simmons of Senate Majority Whip Dick Durbin’s office, Nick Johnson of the State Department, Marcus Robinson of the DNC, Toussaint Mitchell of the Senate Cloakroom, Mark Hamilton of Rep. Steny Hoyer’s (D-Md.) office, Paul Nicholas of HUD, Kyle Bligen of the Chamber of Progress and Trey Agee of Rep. Lizzie Fletcher’s (D-Texas) office.

 

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Jobs report

Elle Walters is joining DIMA as communications manager. Walters was previously digital director for Rep. Debbie Dingell (D-Mich.).

John Strom is now special counsel at Foley & Lardner, where he will be practicing law and lobbying with a focus on health care and energy matters. He was most recently senior counsel for the House Energy and Commerce Committee and is a Senate HELP Committee, HHS, and House Natural Resources Committee alum.

Jessica Steffens is joining American Defense International as vice president of global affairs. She was most recently a senior professional staff member for the House Foreign Affairs Committee and was previously a policy adviser at the State Department's Bureau of Political-Military Affairs.

Reilly Knecht is now an associate director on the Axios events team. She most recently was a senior account executive at Adfero.

Eric Assaraf is joining Capitol Street as a senior health policy analyst. He was most recently a director at Cowen and Company.

Taylor Hittle is joining Washington Council EY’s health care practice. She previously was chief health staffer for the House Committee on Education and the Workforce Republicans and is a Markwayne Mullin, Michael Burgess, John Carter and Mimi Walters alum.

Kate Riley was named the new president of America’s Public Television Stations, per Morning Tech.

Angela Zepeda has joined X as its new global head of marketing. She was previously the chief creative officer for Hyundai.

Andres Calzada and Viraj Mehrotra joined the Chamber of Progress as policy fellows.

Simeon Niles has joined McDermott+ as director. He was previously vice president of health care innovation at JPMorganChase.

GrayRobinson has added Kevin Jogerst as a legislative affairs adviser. Jogerst was previously press secretary for Rep. Barry Loudermilk (R-Ga.).

New Joint Fundraisers

Freedom Fall Blue Wave Fund (Committee to Elect Shomari Figures for Congress, Amish for Arizona, Kristen for Michigan, Marlinga for Congress, Mannion for New York, Ehasz for Congress, Friends of Janelle Stelson, Vindman for Congress, Citizens for Peter Barca, Cooke for Congress, April Mcclain Delaney for Congress, Democracy Summer Leadership PAC)

NRCC Victory 2024 (Merrin For Congress, Theriault for Congress, Rob for PA, Joe Kent for Congress, Alaskans for Nick Begich, Tom Barrett for Congress, Derrick Anderson for VA, Inc., NRCC)

 

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Title insurance protects homebuyers from risks like forgery, fraud, and more.

Eliminating title insurance or substituting unregulated alternatives - including attorney opinion letters - would leave homebuyers without protection they need.

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New PACs

Constitutional Property Rights United (Super PAC)

Defend the Blue Dot PAC (Super PAC)

Friends of Ernesto Querijero (PAC)

LBPAC (Super PAC)

New Lobbying REGISTRATIONS

Cgcn Group, LLC: Billmari Inc. / Dba Black Blockchain Summit

Dc Advocacy, LLC: Meadowbrook Sgr, LLC On Behalf Of Specialty Equipment Manufacturers Association

Monument Advocacy: Organic Trade Association

Rich Feuer Anderson: Kern Oil And Refining Company D/B/A Kern Energy

New Lobbying Terminations

Monument Strategy & Solutions: Cencore

Monument Strategy & Solutions: Frontier Audio

Monument Strategy & Solutions: Onebrief

Monument Strategy & Solutions: Overland Ai

Monument Strategy & Solutions: Somewear

 

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