Thursday, February 9, 2023

LaHood’s top aide heads downtown

Delivered daily, Influence gives you a comprehensive rundown and analysis of all lobby hires and news on K Street.
Feb 09, 2023 View in browser
 
POLITICO Influence newsletter logo

By Caitlin Oprysko

With Brendan Bordelon and Daniel Lippman

LAHOOD CHIEF HEADS DOWNTOWN: Steven Pfrang is headed back to the private sector after more than a decade on the Hill. Pfrang is joining BGR Group as a vice president, where he’ll represent clients in financial services and commerce. Pfrang has spent the past seven years as chief of staff to Rep. Darin LaHood (R-Ill.), who chairs the House Ways and Means Committee’s panel on work and welfare, and will advise clients on tax, trade, and health care policy issues.

— LaHood is also a member of the House Intelligence Committee and sits on the newly created House Select China Committee, which will scrutinize businesses’ ties to Beijing, among other things. Prior to joining LaHood’s office, Pfrang served as deputy chief of staff to former Reps. Tom Reed (R-N.Y.) and Vito Fossella (R-N.Y.) and did a stint as a lobbyist for the Massachusetts Mutual Life Insurance Co.

SNAP ANGLES FOR CHIPS ACT MONEY: A social media platform with a burgeoning augmented reality business isn’t the first firm that springs to mind when considering who might benefit from the $52 billion in microchip subsidies found in last year’s CHIPS and Science Act.

— But Snap, the company behind Snapchat, is planning to shoot its shot anyway. In a lobbying disclosure filed on Monday, the platform said it has retained Akin Gump Strauss Hauer & Feld’s Josh Teitelbaum to assist the company in “navigating CHIPS Act implementation.”

— Snap’s effort to grab a slice of the microchip subsidy pie suggests it won’t just be chip firms like Intel, Samsung or TSMC competing for these dollars. Social media companies could be in the mix, too — and Snap isn’t the only tech platform that’s tapping lobbyists to work on the CHIPS Act.

— At its core, the CHIPS and Science Act is meant to boost America’s domestic chipmaking capabilities and offset the industry’s concentration in Asia. Snap spokesperson Peter Boogaard told Brendan that gels with Snap’s plans to build and design “leading-edge semiconductor processing components to power our world-changing augmented reality technologies.”

— “The CHIPS Act aligns with Snap’s existing desire to manufacture these vital components in the U.S., both to further invest in our country’s technological leadership and also to reduce international semiconductor dependency,” Boogaard said.

— Snap’s not the only tech platform that appears to be exploring how, or whether, it can benefit in some fashion from the CHIPS Act (which also includes big new budget authorizations for the National Science Foundation and other R&D agencies). Fourth quarter disclosures from last month show that both Google and Meta were lobbying on issues related to the CHIPS Act as well.

 

STEP INSIDE THE WEST WING: What's really happening in West Wing offices? Find out who's up, who's down, and who really has the president’s ear in our West Wing Playbook newsletter, the insider's guide to the Biden White House and Cabinet. For buzzy nuggets and details that you won't find anywhere else, subscribe today.

 
 

Good afternoon and welcome to PI. Send K Street gossip: coprysko@politico.com. And be sure to follow me on Twitter: @caitlinoprysko.

MCCARTHY HAULS IT IN FROM K STREET:Kevin McCarthy raised $12.3 million on Wednesday evening at his first major fundraising event since his bitter battle for the House speaker’s gavel last month,” per Hailey Fuchs.

— The high-dollar event (tickets started at $50,000) brought in a record haul for McCarthy, though it fell short of the high end projection of $20 million organizers said it might raise. Still, the event featuring nearly every new House Republican committee chair, was expected to be one of his biggest in D.C. this year.

— Lobbyist and McCarthy confidant Jeff Miller hosted the fundraiser, and the list of co-hosts included some of his other top allies and former staffers now on K Street whose collective roster of clients reads like a who’s who of major companies and trade groups with stakes across major policy fights before Congress: PhRMA, Mastercard, Apple, Altria, the American Petroleum Institute and the American Investment Council.

— And while “McCarthy’s close relationship with K Street has earned him ire from his own party,” for those in his orbit, “the scene at the Conrad Hotel … offered a chance to celebrate following a speakership journey mired in tumult. His historic crusade for the position spanned four days and 15 rounds of votes, culminating with major concessions to conservative members that could threaten his hold on the post.”

— Other attendees at the fundraiser included former Attorney General Bill Barr, Rick Hohlt of the Hohlt Group and Terry Branstad and Gentry Collins of the American Free Enterprise Chamber of Commerce.

WATCH YOUR PAC: “It’s a mysterious crime wave that has cost its victims more than a million dollars. But unlike usual heists, this one is hitting political groups, with fraudsters in recent months targeting corporate PACs, national trade association committees, and campaigns,” writes the Daily Beast’s Roger Sollenberger.

— “While there are no confirmed links yet between the incidents, federal filings indicate a surge in reported activity in 2022, as criminals have exploited vulnerabilities unique to political committees. And among a few targets, some patterns seem clear. The victims include major figures in business and politics.”

— “Since September, thieves have struck national trade and lobbying organizations like the Consumer Technologies Association [sic] and the National Association of Manufacturers, corporate PACs for Trinet and Corning, and elected officials like Reps. Elise Stefanik (R-NY), Matt Gaetz (R-FL), and Sen. Jerry Moran (R-KS), whose campaign was taken for a stunning $690,000 by what it calls a ‘cyber-criminal’ posing as a vendor in the hectic days surrounding the 2022 election.”

— The numbers are telling: FEC data “indicates about 180 instances of reported fraud during the 2021-2022 midterm cycle, around 15 more than 2019-2020—a presidential cycle. The 2017-2018 midterm saw about 83 reported incidents. That total of 83, spread over two years, is about 20 fewer fraud reports than in the last six months of 2022 alone, when a number of committees—most specifically business groups—were targeted for theft, far more than any other six-month period.”

PPE MAKERS LOOK FOR AN ASSIST: American personal protective equipment manufacturers have formed a new coalition to press the federal government for a fairer shake in the procurement process to address vulnerabilities in the PPE supply chain exposed during the early days of the pandemic.

— The American Medical Manufacturers Association will lobby for increased market access and manufacturing capacity for PPE made in the U.S., but will also work to highlight what the group says are unfair market practices by Chinese manufacturers, flooding the U.S. market with cheaply made products that box out domestic manufacturers.

— “The Covid-19 pandemic exposed a giant hole in our U.S. supply chain and highlighted our country’s reliance on foreign manufactured medical supplies and equipment,” Eric Axel, the group’s executive director, said in a statement. “We must ensure that we are prepared as a country for future pandemics — and that starts with investing in U.S. PPE. This is the only way for the U.S. to bolster our public health, security, and competitiveness.”

— Initial members of the new group include Altor Safety, Aquaspersions USA, Blue Star NBR, Lutema, Ochsner Health, Premium-PPE, SafeSource Direct, United Safety Technology and Vizient, who will back the coalition’s push to incentivize purchases of American-made PPE both in the private and public sector at the federal, state and local levels.

BANKS REV UP TO FIGHT LATE-FEE PROPOSAL: “Wall Street is ready to go to war with the Biden administration over its plan to slash credit card fees,” POLITICO’s Sam Sutton reports. “Banks, big businesses and top Republicans are fuming over the Consumer Financial Protection Bureau’s push to cap late fees at $8 — a move that President Joe Biden says will save borrowers billions of dollars in unnecessary penalties that are larded on top of credit card interest.”

— “Biden highlighted the issue in his State of the Union address on Tuesday, calling late fees an example of ‘junk fees’ that are due for a crackdown. ‘Americans are tired,’ Biden said. ‘We're tired of being played for suckers.’”

— “The president’s populist rhetoric has roiled financial services and business groups like the U.S. Chamber of Commerce that were already upset about CFPB Director Rohit Chopra’s stewardship of the consumer watchdog agency. They’re prepared to attack the proposal, with prominent banking and credit union associations pledging to mobilize their members for a grassroots advocacy campaign to enlist congressional allies and flood the agency with comment letters.”

— “Some organizations are starting to explore possible legal challenges to the proposed cap, officials at several industry organizations told POLITICO. Many groups — including the American Bankers Association and Bank Policy Institute — claim that Chopra overstepped his authority and bypassed procedural hurdles in a race to finalize the rule by the end of the year.”

Jobs Report
 

DOWNLOAD THE POLITICO MOBILE APP: Stay up to speed with the newly updated POLITICO mobile app, featuring timely political news, insights and analysis from the best journalists in the business. The sleek and navigable design offers a convenient way to access POLITICO's scoops and groundbreaking reporting. Don’t miss out on the app you can rely on for the news you need, reimagined. DOWNLOAD FOR iOSDOWNLOAD FOR ANDROID.

 
 

SPOTTED at a welcome back reception last night at the headquarters of the National Association of Broadcasters benefiting  the Congressional Hispanic Caucus’ campaign arm, per a PI tipster: Reps. Linda Sánchez (D-Calif.) and Norma Torres (D-Calif.) working the room ahead of this month’s election to succeed Rep. Ruben Gallego (D-Ariz.) as BOLD PAC chair; Reps. Henry Cuellar (D-Texas), Veronica Escobar (D-Texas), Rob Menendez (D-N.J.), Gabe Vasquez (D-N.M.) and Gallego; Zuraya Tapia-Hadley of TelevisaUnivision, Natalie Armijo of Federal Street Strategies, Leo Muñoz of Comcast, Jose Borjon of Akin Gump, Norberto Salinas of Salinas Strategies, Ingrid Duran and Catherine Pino of D&P Creative Strategies, Roberto Fierro of Live Nation Entertainment, Jorge Aguilar of theGROUP.

— And at a cocktail event last night at Ukraine House to launch Kidsave and the U.S.-Ukraine Business Council’s "Flat Sasha" campaign to bring attention to children without families caught in the war with Russia, per a tipster: Ukrainian ambassador Oksana Markarova, Randi Thompson of Kidsave, Aurélie Bonal of the French Embassy, Morgan Williams of the U.S.-Ukraine Business Council, Heath Bumgardner of Boeing, Jennifer Clinton of Cultural Vistas, Keri Hope Richmond of the American Academy of Pediatrics, Anita Siegfriedt of EY and Brett Bruen and Johanna Maska of Global Situation Room.

— And at drinks earlier this week to toast Hap Rigby’s new job as senior vice president of federal government affairs for the Motion Picture Association, per a tipster: Darren Achord of Amazon, Chris Herndon of Meta, Paul Cancienne of Charter Communications, Rob Seidman of FGS Global, Galen Roehl of Akin Gump, Eric Zulkosky of Fierce Government Relations, Jack Smedile of NAB, Cort Bush of NBCUniversal and Josh Finestone of Venable.

— Former Rep. Jim Langevin is joining cyber investment organization Paladin Capital Group as a strategic adviser.

Liam Goodwin has returned to The Hawthorn Group as director of client services. He was previously manager of research for Golin.

Arnold & Porter has hired Katie Brown as a policy adviser to focus on work involving life sciences and health care providers. She was most recently a director of government affairs at FTI Consulting and is an Association of Community College Trustees and the National Skills Coalition and Rep. G.T. Thompson (R-Pa.) alum.

Cary Evans has joined MAD Global Strategy to lead the firm’s expansion into the Pacific Northwest. Evans most recently served as vice president of government affairs and community relations at Virginia Mason Franciscan Health.

The Herald Group has promoted its lead Democrat, Marc Brumer, to partner, the first addition to the partnership in 18 years. The firm also promoted Steven Smith to vice president, Robert Brooks to senior director, Cameron Smith to director and Colin Hensel to digital manager.

ClearPath has hired Karen Obenshain as program manager for natural gas. She was most recently senior director of fuels, technology and commercial policy at Edison Electric Institute.

Meghna Patel is now deputy secretary of policy and planning for Pennsylvania Gov. Josh Shapiro. She most recently was assistant vice president at the National Council for Mental Wellbeing.

Arnold Linhardt has joined Willett Public Affairs as a senior adviser. He’s the founder and president of Strategic Services Inc. and was previously chief of staff to former Rep. Eliot Engel.

Matti Miranda has joined New Democracy as its director. She was most recently director of development and communications at Voices for a Second Chance.

New Joint Fundraisers

Murphy Victory Fund (Sen. Chris Murphy, Connecticut Democratic State Central Committee, MURPHPAC)
PETE RICKETTS VICTORY FUND (Sen. Pete Ricketts, American Excellence PAC, NRSC)

New PACs

Arizona's Bold Era PAC (ABE PAC) (Super PAC)
Facts in Politics (Super PAC)
Leadership for the Capital Region (PAC)

New Lobbying Registrations

Aerospace Intelligence, LLC: Novo Dr Inc
Capcventures LLC: Moana Minerals Inc.
Capcventures LLC: Tcom Lp
Cornerstone Government Affairs, Inc.: National Hockey League
Cornerstone Government Affairs, Inc.: Texas Citrus Mutual
Covington & Burling LLP: Apple Inc.
Dc Legislative And Regulatory Services, Inc.: Talam Biotech
Elk Creek Resources Corp.: Elk Creek Resources Corp.
Ervin Graves Strategy Group, LLC: The Phoenix Theatre Company
Forbes-Tate: Crh Americas Materials, Inc.
Forbes-Tate: Ohio Business Roundtable
Forbes-Tate: Procisedx Corporation
Forbes-Tate: Scanstat
Forbes-Tate: United Wholesale Mortgage
Ibex2 Solutions, LLC: Coalition For Deep Space Exploration Obo 2023 Sls/Orion/Egs/Gatway Supp Conf
Ice Miller LLP: Ilab, LLC
Jeff Miller Group: Oracle America, Inc.
Jgb & Associates, LLC: Cornerstone Government Affairs Obo National Hockey League
Lemma Strategies Inc: Behind The Book
Lemma Strategies Inc: Delta Airlines
Lemma Strategies Inc: Lgbt Network Of Queens And Long Island
Leon Consultants, LLC: Thompson Coburn On Behalf Overstock.Com, Inc
Mccaulley&Company: Urban Community School
Mehlman Consulting, Inc.: Unite USa Inc. (Dba Unite US)
Oculus Strategies, LLC: Black Sage Technologies, Inc.
Oculus Strategies, LLC: Capitol 6 Advisors On Behalf Of Skydweller Aero Inc.
Roger Wolfson: Nonhuman Rights Project
Rulon & White Governance Strategies: Blockchain Domain Names LLC
S-3 Group: Wildcat Discovery Technologies, Inc.
Strategies 360: Novele, Inc.
Strategies 360: Spectrum Photonics, Inc.
The Mckeon Group, Inc.: City Of Lancaster
The Mckeon Group, Inc.: Coherus Biosciences
The Mckeon Group, Inc.: Good 360

New Lobbying Terminations

Duncancounts, LLC: Brytech,Inc.
Duncancounts, LLC: City Of Orange Beach
Duncancounts, LLC: USs Alabama Battleship Foundation
In Defense Of Christians Advocacy Inc: In Defense Of Christians Advocacy Inc
Lee Terry Consulting LLC: Huawei Technologies USa Inc

 

Follow us

Follow us on Facebook Follow us on Twitter Follow us on Instagram Listen on Apple Podcast
 

To change your alert settings, please log in at https://www.politico.com/_login?base=https%3A%2F%2Fwww.politico.com/settings

This email was sent to edwardlorilla1986.paxforex@blogger.com by: POLITICO, LLC 1000 Wilson Blvd. Arlington, VA, 22209, USA

Please click here and follow the steps to unsubscribe.

No comments:

Post a Comment

Private investors pour $50 billion into booming sector… investment opportunity

Unstoppable megatrend driven by hundreds of billions in government spending ...