lobbying

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Video Game Industry Reaches Boss Level

Industry chiefs aim to get more of a say in Washington

(Newser) - The video game industry has grown up and is going to start putting some quarters into Washington, the New York Times reports. Game makers have formed their first political action committee and will soon start making campaign donations to candidates, in hopes of steering more of them to the industry's...

Law Firm's Lobbying Dogs Giuliani
Law Firm's Lobbying
Dogs Giuliani

Law Firm's Lobbying Dogs Giuliani

Company pushed law Bush opposed on anti-terror grounds

(Newser) - Rudy Giuliani's law firm lobbied Congress last year in favor of a law the White House said would undermine the war on terror, the New York Times reports. The firm represented Ethiopian political parties pushing for legislation to withhold American aid if their government doesn't share power. The administration supports...

Lobbyists Hone End Runs Around New Ethics Law

Nothing in the rules a loophole can't 'fix'

(Newser) - The new political ethics law was supposed to stop corruption, shady lobbying and runaway perks that had plagued Washington. Instead, its biggest impact seems to be an upsurge in seminars aimed at teaching lobbyists how to skirt the law by informing them of  the precise limitations—and loopholes—of the...

Blackstone Lobbying Backfires
Blackstone Lobbying Backfires

Blackstone Lobbying Backfires

Private equity firms ‘overreach’ with claim they help the poor

(Newser) - Private equity firms launched their first coordinated effort at lobbying this year—and overshot by a long stretch, Bloomberg reports. Blackstone and 11 other firms joined hands to fight a tax hike on carried interest—fund managers' share of profits—and have gone so far as to argue that the...

Party Conventions Peddle Pricey Face Time With Pols

As Congress tightens rules, conventions flout them

(Newser) - Organizers of the 2008 Republican and Democratic conventions are openly soliciting seven-figure payments from corporations and lobbyists in return for valuable access to lawmakers, the Washington Post reports. The access peddling comes at precisely the moment  Congress is trying to limit the influence of lobbyists at conventions with tighter ethics...

Ethics Reform Bill Sails Through Senate

Some Republicans unsatisfied with scope; Bush may not sign

(Newser) - The ethics reform bill, which tightens restrictions on congressional pet projects and lobbyist dealings, easily cleared the Senate today. The final vote was 83-14, with all of those opposed Republicans. Critics say the bill won't go far enough to curb earmark spending, the AP reports, but Dianne Feinstein praised the...

Ethics Bill Clears House
Ethics Bill Clears House

Ethics Bill Clears House

Senate expected to pass reforms

(Newser) - The House passed a bill today that would impose sweeping new ethics rules and restrictions on lobbying, the Washington Post reports. The bill, which passed by an overwhelming 411-8 vote, takes particular aim at earmarks for legislators' personal projects. It also curbs campaign contributions and lobbyist wining and dining and...

Big Biz Lobbyists Sit Out Private Equity Tax Fight

Other bankers unmoved to defend their tax advantages

(Newser) - Two big business lobbying groups are sitting out the fight in Congress over increasing taxes on private-equity earnings—in part, the Financial Times reports, because many of their members are threatened by the rise of private equity.  Big firms like Blackstone pay traditional banks hefty fees for the underwriting...

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