| | | | | |  | | By Theodoric Meyer | Presented by Facebook | With Daniel Lippman TRADE GROUPS SHIFT TO PUSHING FOR STIMULUS BILL AFTER THE ELECTION: Former House Speaker John Boehner was right. "There's not going to be a stimulus bill before Election Day," he predicted during a webinar held by Squire Patton Boggs, where he is a senior strategic advisor, on Oct. 16. "[House Speaker Nancy] Pelosi doesn't see it in her interest. She thinks it helps Trump and she doesn't think it's necessary to help Democrats." He went on to predict that "there will be a small stimulus bill done before the end of the year" if President Donald Trump wins reelection. "I think if Joe Biden wins the election, they'll hold off on a stimulus bill of any size until after the inauguration," he said. — Hotels, restaurants and other industries hit hard by the pandemic that have spent months pushing for another coronavirus relief bill have been forced to turn their attention to the lame duck as the Senate skipped town after confirming Amy Coney Barrett to the Supreme Court on Monday. The COVID RELIEF NOW coalition is preparing a barrage of lobbying, ads, grassroots and grasstops advocacy to push for legislation whether Trump or Biden prevails next week. "The majority of our focus will be geotargeting and geofencing Congress and the administration with digital ads," Brian Crawford, the top lobbyist for one of the coalition's members, the American Hotel & Lodging Association , said in an interview. While the ad budget is still being worked out, "we expect it to be significant," he added. — Hotels and restaurants are trying to persuade lawmakers that they can't wait until January for more aid. Hotels could lose another 1.7 million jobs before the end of the year, Crawford said. "In September, 32 states lost restaurant jobs and in a recent survey, 40 percent of operators said they are unlikely to still be in business in the spring without additional relief from the federal government," Sean Kennedy, the National Restaurant Association's top lobbyist, said in a statement. — If a big relief package remains out of reach, trade groups want lawmakers to authorize at least a second round of Paycheck Protection Program loans and other measures that have bipartisan support. Restaurants are also pushing a bill that would set up a $120 billion relief fund for the industry that 49 senators now support, with Sens. Tammy Baldwin (D-Wis.), Richard Blumenthal (D-Conn.), John Hoeven (R-N.D.), Sheldon Whitehouse (D-R.I.), Joni Ernst (R-Iowa), Dan Sullivan (R-Alaska), Tina Smith (D-Minn.) and Tom Carper (D-Del.) signing on last week. (Ernst and Sullivan are facing competitive reelection races.) "Helping America's second largest private sector employer is commonsense policy, which is why nearly half the Senate supports the bill and we are confident others will follow in the coming days," the Independent Restaurant Coalition said in a statement. Good afternoon, and welcome to PI. Days until Election Day: 6. Lobbying tips: tmeyer@politico.com. Transition tips: tmeyer@politico.com. You can also follow me on Twitter: @theodoricmeyer. | | | | A message from Facebook: A vote counted is a voice heard
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Explore the Voting Information Center now | | | CRUZ CALLS TWITTER 'A DEMOCRATIC SUPER PAC' IN HEARING: Sen. Ted Cruz (R-Texas) teed off on Twitter CEO Jack Dorsey on Wednesday over the platform's decision to temporarily block an unproven New York Post report about former Vice President Joe Biden's son Hunter — a move that has further stoked conservatives' claims of bias," POLITICO's Caitlyn Oprysko reports. "In a Senate Commerce Committee hearing on the tech industry's prized liability protections, Cruz accused Twitter of forcing users, including media outlets like the Post, to 'genuflect and obey your dictates if they wish to communicate with the American people.' …'Who the hell elected you and put you in charge of what the media are allowed to report and what the American people are allowed to hear?' Cruz asked Dorsey, asserting that Twitter was functioning as 'a Democratic super PAC.'" — Cruz criticized Twitter "for initially blocking users from posting links to the New York Post story, a move Twitter reversed within 24 hours and which Dorsey insisted he thought was a mistake." MORE HEADACHES FOR FACEBOOK AND TWITTER: "The Justice Department said it was concerned that Facebook Inc. and Twitter Inc. restricted access to recent New York Post stories about the son of Democratic presidential nominee Joe Biden, telling lawmakers the department supported bipartisan interest in changing a law providing legal protections to online platforms," The Wall Street Journal's Brent Kendall and Aruna Viswanatha report. Stephen Boyd, the assistant attorney general for legislative affairs, wrote in a letter to lawmakers on Tuesday "that online platforms 'hold tremendous power over information' and must 'be honest and transparent with users about how they use that power. And when they are not, it is critical that they can be held accountable.'" | | | | HAPPENING THURSDAY - CONFRONTING INEQUALITY IN AMERICA: On Thursday, Oct. 29, POLITICO Live is convening physicians, advocates, and policymakers for its second town hall in the Confronting Inequality in America series. Join the group to discuss the policy and public health solutions needed to solve the inequalities in the U.S. health care system that have a disproportionate impact on Black and other patients of color. REGISTER HERE TO JOIN THE CONVERSATION. | | | | | RICK GATES AIMS FOR A COMEBACK: Rick Gates, the former aide to President Donald Trump "who pleaded guilty to conspiracy charges in the Robert Mueller probe — and then helped put other Trump associates in jail — hasn't just launched a book tour aimed at clearing his name," POLITICO's Daniel Lippman reports. "He's also started a new strategic consulting firm for companies looking to navigate the federal government. Gates has already helped one company, a medical services firm, understand how the government and the Federal Emergency Management Agency works and counseled its leaders on how they should pursue a contact tracing contract they were eyeing, he said in an interview." — "The new consulting outfit, Tungsten LLC, is part of a broader push by Gates to rehabilitate his public image and get back to work after becoming embroiled in the Trump campaign's post-2016 legal woes." HOW CHRIS LEHANE RUNS AIRBNB'S POLICY SHOP: The Information's Cory Weinberg profiles Chris Lehane, a veteran of President Bill Clinton's administration who's now Airbnb's senior vice president for global policy and communications. Lehane has " frequently battled others in the upper ranks of Airbnb over financial and strategic questions" — but he's won those fights more often than not, "through both deft handling of internal politics and a keen outsider's sense of how the startup was perceived far from its San Francisco home base. His ability to anticipate and manage public relations crises, aided by his years of experience as a political operative, has won him the respect of Airbnb's CEO, Brian Chesky , who increasingly has come to rely on the 53-year-old executive in planning for the company's future." BIDEN 'DEEPLY CONCERNED' ABOUT ANTITRUST, ADVISER SAYS: "Former Vice President Joe Biden is 'deeply concerned' about monopolies and market concentration , a senior economic adviser told Democratic donors Tuesday evening during a virtual campaign fundraiser that drew some of the tech industry's fiercest critics," POLITICO's Leah Nylen reports. "Ben Harris — who served as Biden's chief economist when he was vice president — said the Democratic nominee intends to work with Congress, state attorneys general and antitrust advocates on competition issues if he wins the White House next week." — "'The vice president is deeply concerned about a growing problem with economic concentration and monopoly power in our nation today,' Harris said at the event, according to a transcript obtained by POLITICO. Biden believes the government must 'do far more to ensure that excessive market power anywhere — whether it is on Wall Street, or Big Pharma, or Big Tech — does not hurt American working families.'" A DEMOCRATIC SWEEP COULD PUT CREDIT REPORTING INDUSTRY IN A TOUGH SPOT: "Three credit reporting giants that collect financial data on 220 million Americans face a major crackdown if Democrats regain power in Washington, with Joe Biden and senior lawmakers calling for a sweeping industry overhaul," POLITICO's Zachary Warmbrodt reports. "Equifax, Experian and TransUnion play a pivotal role in providing credit histories that lenders use to vet potential borrowers. Democratic lawmakers and consumer watchdogs warn that a system dominated by three companies breeds erroneous and harmful financial information about millions of people who may lose access to mortgages and car loans. They say it also amplifies economic disparities and financial discrimination faced by people of color, who may lack credit histories in the first place. — Leading the charge to revamp credit reporting are Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's chairwoman, and Sen. Sherrod Brown (D-Ohio), who is in line to head the Senate Banking Committee if Democrats win back Congress. … 'The next Congress must enact bold, comprehensive legislation to reform a credit reporting industry that has failed working families and that perpetuates systemic racism and economic inequality,' Brown told POLITICO. 'And that includes taking up Joe Biden's proposal for a public credit registry.'" CORRECTION: This newsletter misidentified the outgoing chairman of the U.S. Chamber of Commerce's U.S.-Japan Business Council. He is Chuck Robbins of Cisco Systems. | | | |   | | | | | | — Edelman has hired Natalie Strom as a vice president on its financial communications and capital markets team. She was previously Securities and Exchange Commission Chairman Jay Clayton's communications director. — The Association for Digital Asset Markets has hired Michelle Bond as its next chief executive. She was previously global head of government relations for the blockchain company Ripple. | | | | SUBSCRIBE TO TRANSITION PLAYBOOK: We're excited to launch a newsletter written for insiders that will track the appointments, the people, and the power centers of the next administration. Both Team Biden and Team Trump have been working behind the scenes for months vetting potential nominees and drafting policy agendas. Transition Playbook takes you inside those preparations, personnel decisions, and policy deliberations. Don't miss out, subscribe today. | | | | | | | | None | | | Health Carousel Political Action Committee (Health Carousel PAC) (PAC)
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