Who else bankrolled Trump's inauguration

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Jan 29, 2025 View in browser
 
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By Caitlin Oprysko and Dana Nickel

With Daniel Lippman

JUST IN: “Former New Jersey Democratic Sen. Bob Menendez was sentenced to 11 years in prison Wednesday,” stemming from his conviction last summer on corruption charges including bribery and illegally acting as a foreign agent of Egypt, per our Ry Rivard.

— “The sentence, handed down in a Manhattan courtroom by the U.S. District Court Judge Sidney Stein, would make Menendez one of just several senators in history to be sent to prison. Stein said the lengthy sentence was meant to deter other politicians from wrongdoing.”

— “Before he was sentenced, Menendez, 71, and his attorney were contrite and asked for mercy — arguing he’d already been punished enough, having lost public office and being subjected to widespread mockery as ‘Gold Bar Bob.’”

WHO ELSE DONATED TO THE INAUGURATION: CoreCivic, one of several private prison giants that stands to gain from President Donald Trump’s campaign promise to carry out “mass deportations” of undocumented immigrants, wrote a $500,000 check to Trump’s inaugural committee last month, according to a newly filed disclosure — one of several this week that reveal which companies bankrolled last week’s festivities.

— The full list of donors to the inaugural committee isn’t due for several more months, but many other corporate players had been more than willing to publicize their contributions to the inauguration in the lead-up to it.

— In addition to CoreCivic’s six-figure check to the inauguration, contribution reports required by organizations registered to lobby show that HVAC company Carrier Global donated $1 million to the inaugural committee.

— Pesticide maker Syngenta, whose industry has come under attack by Trump’s HHS nominee Robert F. Kennedy Jr., gave $250,000, as did the marijuana industry group U.S. Cannabis Council and the Coca-Cola Company, which gifted the Diet Coke-fanatic-in-chief a commemorative bottle of his favorite drink. A pair of digital identification companies, ID.me and Socure, wrote checks for $100,000, disclosures show.

— Coca-Cola donated to Trump’s first inaugural committee as well as former President Joe Biden’s, according to a PI analysis of FEC disclosures, while subsidiaries of CoreCivic and rival private prison operator GEO Group both donated $250,000 to Trump’s first inaugural committee, disclosures show.

— Both private prison companies (or their executives) kicked in more than $1 million in total to support Trump’s campaign last year, and his victory in November sent their stock prices soaring on the prospect that Trump’s immigration crackdown would utilize their detention centers.

— “It feels like with this election this year, we are heading into an era that we really haven’t seen maybe only once or twice in a company’s history,” CoreCivic President Damon Hininger said in an earnings call days after November’s election, according to a transcript. In addition to Trump’s administration likely increasing demand for beds for detained migrants, Trump also reversed a Biden-era ban on DOJ contracts with private prisons in his first days in office.

Happy Wednesday and welcome to PI. Send tips: coprysko@politico.com. And be sure to follow me on X: @caitlinoprysko.

FIRST IN PI — BROWNSTEIN TO FUNDRAISE FOR GOP: Brownstein Hyatt Farber Schreck is slated to host a pair of fundraisers next month benefitting the House and Senate Republican campaign arms, according to invitations shared with PI.

— The first fundraiser, on Feb. 10, will feature appearances from NRCC Chair Richard Hudson (R-N.C.) as well as additional unnamed members of Congress, while the second, on Feb. 19, will fête new NRSC Chair Tim Scott (R-S.C.).

— Suggested contributions for both fundraisers start at $2,500 for individuals and $5,000 for PACs. The price to be named a host for the NRCC event comes in at $10,000 for individual attendees and $15,000 for PACs.

GET THAT COIN: Coinbase, the largest crypto exchange in the U.S., announced four additions to its global advisory council today. Trump’s 2024 co-campaign manager Chris LaCivita and former Arizona independent Sen. Kyrsten Sinema are among the high-profile new members.

Bill Dudley, the former president of the Federal Reserve Bank of New York, and Luis Alberto Moreno, the former minister of Economic Development to Colombia, also joined the council. They’ll work with other high-profile regulatory and financial experts to advise Coinbase’s leadership team.

— The additions come less than two weeks after Trump’s return to the White House. The crypto industry donated millions to support Trump on the campaign trail last year and poured millions into his inauguration. Trump vowed to enact a variety of helpful changes to the industry, and his second term is expected to be the first pro-crypto administration.

— “Coinbase is fortunate to have some of the brightest minds across finance, tech, and politics supporting us through the Global Advisory Council,” said Chief Policy Officer Faryar Shirzad. “Our four members are world-class leaders in their respective fields, and we look forward to their contributions as the world enters a new era for crypto.”

— Other notable members of the council include Pat Toomey, former top Republican on the Senate Banking Committee and top Biden pollster John Anzalone.

RFK JR. GETS SOME AIR COVER: A group of political operatives is standing up a new advocacy group to support Kennedy’s nomination to lead the nation’s health agencies, amid an onslaught of attacks that has scrambled the usual ideological alliances.

— The Patient First Coalition launched today with six figures in initial funding, live-tweeting Kennedy’s appearance in front of the Senate Finance Committee today with plans to do the same when Kennedy goes before the Senate HELP Committee tomorrow.

— The group is being led by GOP strategists Shannon Burns and Matt Mackowiak, health lobbyist Jim Frogue and health care consultant Jeff Kanter. The effort aims to squeeze swing-vote senators with earned media for surrogates and advocates in their states as well as drumming up a deluge of support from their constituents. Once Kennedy is confirmed, the coalition plans on pivoting to carry the mantle for his “Make America Healthy Again” agenda.

— On the other side of the confirmation fight, digital rights advocacy group Fight for the Future has debuted a whip count to track RFK Jr.’s confirmation prospects, collating every senator’s position (or lack thereof) on his nomination and urging the group’s supporters to post on social media calling on the Senate to block Kennedy’s confirmation.

THE EXECS OF THE ROUNDTABLE: Mark Zuckerberg’s latest effort to bolster his profile in Washington has led him to join the Business Roundtable, according to The New York TimesLauren Hirsch.

— Zuckerberg quietly joined the group that lobbies on behalf of large U.S. companies in September. After previously avoiding politics, the Meta chief has become a distinguishable figure in Washington with his embrace of Trump. Zuckerberg was in Washington to celebrate Trump’s inauguration and recently announced that Meta would end its fact-checking on Facebook posts, a decision that aligns closely with the president and members of the GOP that have accused Meta of censorship in the past. Now, Zuckerberg is even rumored to be looking at property in D.C.

— Like Zuckerberg’s attitude toward politics, the Business Roundtable has shifted. “In 2019, it became a symbol for the ‘gentle capitalism’ that Mr. Zuckerberg has recently railed against.” The group’s priority at the time aimed at going beyond the interests of shareholders and investing “in their employees, protect the environment and deal fairly and ethically with their supplies,” according to a statement from then-group leader, JPMorgan Chase’s chief executive Jamie Dimon.

— “But such thinking had been falling out of favor even before Mr. Trump’s reelection, and corporate America has refocused on the bottom line. Walmart’s chief, Doug McMillon, who headed the Business Roundtable after Mr. Dimon, rolled back the company’s diversity, equity and inclusion efforts in November amid a broader cultural backlash. At this year’s World Economic Forum, where diversity initiatives were once celebrated, discussion of many social issues was nearly absent.”

MINERS KEEPERS: While pushing for the U.S. to gain control over Greenland, the president is surrounded by wealthy investors, including his Commerce Secretary nominee Howard Lutnick, who have considered the island’s potential as a lucrative venue for mining, reports NYT’s Kate Kelly.

— Lutnick has “a financial stake in the island’s mining promise through an investment financial firm, Cantor Fitzgerald, holds in a company called Critical Metals Corp., securities filings show. Critical Metals plans to start the mining process as soon as 2026, according to company executives.” Lutnick plans to resign as chief executive of Cantor Fitzgerald if confirmed.

— “As head of the Commerce Department, which promotes the interests of U.S. businesses abroad, Mr. Lutnick would oversee all tariff and trade policy, Mr. Trump has said. That would include Greenland, if the president’s efforts to expand the country’s role on the island are successful.”

UNMASKING CONNECTIONS: Years before Tulsi Gabbard was tapped by the president to coordinate the country’s spy agencies, her congressional campaign hired a PR firm to suppress coverage an an alleged scheme connected to her Hindu sect, Brett Forrest, Caitlin Ostroff and Rebecca Feng write for The Wall Street Journal.

— The former House member and Trump’s nominee for director of national intelligence was raised in the Science of Identity Foundation, a sect tied to multilevel marketing firm QI Group accused of running a pyramid scheme in several countries. Trying to mask the connections, Gabbard’s campaign paid D.C.-based Potomac Square Group for the cleanup. A Science of Identity Follower and longtime Gabbard adviser who sits on the board of a QI Group subsidiary ordered the operation.

— “Lawmakers have looked closely at Gabbard’s connections with Science of Identity and QI ahead of her confirmation hearing Thursday before the Senate Intelligence Committee, according to people familiar with the matter. Gabbard’s ties raise questions about her judgment and loyalty, congressional staffers said.”

 

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Jobs report

Josh Rubin is joining the Motion Picture Association as senior vice president of global strategy and chief of staff. He was previously director for Indo-Pacific Affairs for the National Security Council.

Lauren Zelt is joining Protecting American Consumers Together, an advocacy group fighting what it calls abuse of personal injury lawsuits. Zelt previously ran her own public affairs firm and is a Hill and campaign GOP alum.

Jake Ward will be board chair for the Developer’s Alliance. Ward helped found the Alliance and left in 2017. He’s currently co-founder and CEO of Data Protocol.

Amelia Jenkins Morales has joined Holland & Hart as senior director of federal affairs. She previously led the energy and environment practice at Cassidy & Associates.

Jackie Gulley is joining RELX as director of federal government affairs for their risk, legal and exhibition market segments. She was previously with the Consumer Data Industry Association, where she served as vice president of communications and public affairs.

Alicia Brown is joining the Commercial Space Federation as its executive director, with a focus on space policy and legislative affairs. She was previously the NASA associate administrator for legislative and intergovernmental affairs.

Corey Cantor is now research director at the Zero Emission Transportation Association. He previously was senior associate for electric vehicles at BloombergNEF.

WestExec Advisors is adding Harry Krejsa and Michael Horowitz as senior advisers. Krejsa was previously assistant director of the Office of the National Cyber Director and Horowitz was previously deputy assistant secretary of Defense for Force Development and Emerging Capabilities.

Sandra Eskin will be the next CEO of Stop Foodborne Illness, per Morning Agriculture.

Eskin previously led USDA’s office of food safety under former Secretary Tom Vilsack.

Deborah White will step down at the end of this year as general counsel of the Retail Industry Leaders Association and president of the Retail Litigation Center.

Rich Rieger has joined consulting firm Berkeley Research Group’s health analytics practice as a managing director in Chicago, where he’ll advise pharma and biotech companies. He’s previously held positions at Baxter, Horizon Therapeutics and AbbVie.

Jeff Marootian is now president and CEO at UL Standards & Engagement. He previously was acting assistant secretary of the Office of Energy Efficiency and Renewable Energy at DOE and is a Biden White House alum.

Nate Evans is joining Risa Heller Communications as a senior vice president. He previously was senior communications adviser to Vice President Kamala Harris and is a Linda Thomas-Greenfield and Amy Klobuchar alum.

Lora Snyder and Lindsay Gressard have launched Snyder Gressard Strategy, a legislative strategy and defense consulting firm. They previously were staff director and communications director for the House Natural Resources Dems, respectively.

Nature is Nonpartisan is announcing a new executive team, bringing on Ben Cassidy as chief policy officer, Meg Haywood Sullivan as chief marketing officer, Amelia Joy as director of comms, Alec Sears as director of digital media and Chris LaCivita Jr. as senior adviser.

Meredith Fossett is now director of state affairs at the Vinyl Institute. She previously was a government relations manager at DeVry University.

Smith Garson has hired John Bair as a senior associate and Cameron DeLo as an associate. Bair was most recently at the U.S. Chamber of Congress and is a Ron DeSantis alum and DeLo is an American Rivers Foundation alum.

New Joint Fundraisers

Connolly Victory Fund 2026 (Commonwealth PAC, Rep. Gerry Connolly)

Stevens Majority Fund (Rep. Haley Stevens, HMS Scrap PAC, New Democrat Coalition Action Fund)

New PACs

Act Right America (PAC)

Alignment AI (Super PAC)

American Golden Age (Super PAC)

Heal America PAC (Hybrid PAC)

Missouri DOGE PAC, Inc (Hybrid PAC)

Results Over Rhetoric PAC (PAC)

New Lobbying REGISTRATIONS

Capitol Core Group, Inc.: California Baptist University

Federal Strategies Group, Inc.: Mission Produce

Forza Dc Strategies, LLC: Association Of Old Crows

Forza Dc Strategies, LLC: Peterson'S, LLC

Valcour LLC: 4Ig

Valcour LLC: Kidney Transplant Collaborative

Valcour LLC: Tempus Ai, Inc.

Vulcan Materials Company: Vulcan Materials Company

New Lobbying Terminations

Merchant Mcintyre & Associates, LLC: North Arkansas Regional Medical Center

 

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