Wednesday, March 29, 2023

Chipmakers and tech execs fly in

Presented by the Ewing Marion Kauffman Foundation: Delivered daily, Influence gives you a comprehensive rundown and analysis of all lobby hires and news on K Street.
Mar 29, 2023 View in browser
 
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By Caitlin Oprysko

Presented by the Ewing Marion Kauffman Foundation

With Lee Hudson and Daniel Lippman 

FLY-INS GALORE: Top chip companies and leaders from the Semiconductor Industry Association are in town this week looking to build on their smash lobbying success with the enactment of last year’s CHIPS and Science Act. The group, whose members include IBM, Intel, Qualcomm, Micron Technology, Texas Instruments and more, is set to meet with around five dozen congressional offices in addition to the Biden administration, according to SIA.

— They’ll of course discuss the chips bill and the implementation process, which kicked off a few weeks ago with the opening up of applications for some of the tens of billions in new federal funding up for grabs. SIA will also push for the restoration of full, immediate tax deductibility for research and development investments and immigration reforms.

— The trade group is also arming chipmakers with a new interactive map to show Hill staff existing players in the semiconductor supply chain and research ecosystem, plus new projects and expansions announced since the push for federal aid for the industry began in earnest.

ALSO FLYING IN: The Hill is swarming with other fly-ins this week. Tech executives met with senior lawmakers today as part of TechNet’s annual fly-in, where leaders discussed their calls for federal data privacy legislation, investments in regional tech hubs, competition with China, and workforce training and immigration issues.

— The group’s executive council, which includes leaders of companies like Zoom, Box, Intuit, Nasdaq and Google, got facetime with Senate Majority Leader Chuck Schumer, House Majority Leader Steve Scalise, House Minority Leader Hakeem Jeffries, House Energy and Commerce Chair Cathy McMorris Rodgers (R-Wash.) and Rep. Haley Stevens (D-Mich.), among others, and gave House Speaker Emerita Nancy Pelosi a lifetime achievement award from the industry group.

— The National Electrical Contractors Association, meanwhile, has brought hundreds of its members to town to try and move the needle on permitting reform efforts, infrastructure investment, and tax extenders.

— Home care executives with the Home Care Association of America are also in town to push for solutions to address home care worker shortages and improve access for affordable home care for veterans. The group was slated to have more than 100 meetings on the Hill today. And more than 350 small business owners will participate in a virtual fly-in as part of Goldman Sachs’ 10,000 Small Businesses Voices initiative. The business owners are set to meet with 50 new member offices and will call for reauthorizing the Small Business Administration.

DoorDash is also in town this week. The delivery app brought New York City-based merchants and delivery workers to meet members of the New York delegation on Wednesday to tout the company’s business model. Advocates met with New Yorkers like Democratic Sen. Kirsten Gillibrand, Democratic Reps. Grace Meng and Nydia Velazquez, GOP Rep. Elise Stefanik, Schumer and Jeffries.

Happy Wednesday and welcome to PI. Send your juiciest K Street gossip and musings: coprysko@politico.com. And be sure to follow me on Twitter: @caitlinoprysko.

 

A message from the Ewing Marion Kauffman Foundation:

The Ewing Marion Kauffman Foundation is reimagining access to capital in ways that reduce lending inequities and better serve underrepresented entrepreneurs. More microloans, more financing from alternative lenders, and new definitions of risk and bankability are all part of the emerging strategies that invite lenders and borrowers to think outside the box. The goal: more equitable lending for all. Learn more.

 

RAYTHEON STEALS ONE BACK FROM BOEING: Tim Prince, who lobbied for rival aerospace giant Boeing for its Air Force and Navy programs for the past few years, is headed back to Raytheon to become a senior director and lobbyist for their defense programs.

— Prince marks the latest member of Boeing’s lobbying shop poached by Raytheon over the past few years — a list that includes Raytheon’s chief lobbyist Jeff Shockey, Art Cameron, Tom Culligan and Jessica Calio. Raytheon has also promoted John Uberti to senior director for global public policy for Army military affairs. He was previously a senior director for Raytheon Missiles & Defense.

BIDEN TO PUSH FOR MIDSIZE BANK CRACKDOWN: “The White House is preparing to call for federal banking regulators to impose new rules on midsize banks, prompted by the collapse of Silicon Valley Bank earlier this month,” The Washington Post’s Jeff Stein and Rachel Siegel report, citing two people aware of internal discussions.

— Unwinding the bipartisan bill that eased Dodd-Frank regulations on those banks still appears unlikely, however, as “lawmakers continue to press for answers on how the financial system became so vulnerable to failures of SVB and Signature Bank.”

— President Joe Biden is mulling proposed oversight measures to avert the need for the kind of federal intervention he signed off on earlier this month in order to secure billions in uninsured deposits at the banks. The proposal will likely target “banks with between $100 billion and $250 billion that were deregulated by Congress and the Fed during the Trump administration” and could include higher capital and liquidity requirements, requiring “plans for an orderly dissolution in the event of a crisis” and more frequent stress tests.

— “Biden has also already called for Congress to pass legislation allowing regulators to claw back executive bonuses and stock sale proceeds from SVB’s senior executives — a measure that lawmakers appeared open to during a hearing on Tuesday.”

— But while banking regulators aim to propose their own new rules based on the outcome of their investigations into the bank collapses, “lawmakers have raised concerns about regulators’ ability to investigate themselves and are practically guaranteed to launch their own probes.”

 

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ANTI-UNION GROUP TARGETS STARBUCKS ORGANIZERS: The Center for Union Facts, a business-backed nonprofit that targets labor groups, is launching a new campaign centered around today’s Senate hearing on Starbucks’ response to unionization efforts in its stores. The group is spending $1 million to take aim at Workers United, which has organized several hundred Starbucks coffee shops over the past two years.

— Senate HELP Chair Bernie Sanders (I-Vt.) hauled former Starbucks CEO Howard Schultz before the committee today to grill the coffee mogul over findings from the federal labor watchdog that the coffee chain had retaliated against organizers in violation of federal labor laws, accusations Schultz fervently denied.

— The Center’s campaign kicked off with a full-page print ad in The New York Times on Monday and includes a similar ad in today’s D.C. print edition of The Wall Street Journal highlighting union-owned Amalgamated Bank’s investments in fossil fuels, gun manufacturers, private prisons and tobacco companies, according to SEC filings.

— The bank, of which Workers United is the largest shareholder, promotes itself as “America’s socially responsible bank” focused on issues like criminal and racial justice, climate change and gun violence and has established a foothold as the go-to financial institution for top Democratic political groups, while Starbucks organizers have framed complaints about alleged union busting in the context of the chain’s reputation as a progressive company.

— The group declined to preview the next moves in its push targeting Workers United, but said more ad buys are in the works.

(SOME) NEW ETHICS RULES FOR JUDGES: “U.S. Supreme Court justices and federal judges will be required to provide greater public disclosure of any free trips, meals or gifts they receive under new regulations adopted at the urging of lawmakers and judicial transparency advocates,” per ReutersNate Raymond.

— “The head of the federal judiciary's administrative arm confirmed the change in a letter made public on Tuesday by Democratic U.S. Senator Sheldon Whitehouse, who has argued for broader ethics reforms at the Supreme Court,” an issue that has received increasing attention as the federal judiciary has played an ever-expanding role in shaping federal policy.

— “Whitehouse, a member of the Senate Judiciary Committee, said the judiciary's disclosure rules had long been more relaxed than other branches of government, particularly when it came to defining what constituted ‘personal hospitality’ that judges did not have to disclose.”

— “Under the new regulations, judges still will not have to disclose gifts that include food, lodging or entertainment extended by an individual for a non-business purpose. But the regulations clarify that judges must disclose stays at commercial properties, like hotels and resorts, and gifts of hospitality paid for by an entity or third-party other than the person providing it.”

CORRECTION: Tuesday's edition of Influence misspelled American Policy Ventures. The newsletter was also updated to clarify the timing of a lobbying registration from Mark Paoletta, and Andrew Yang's current involvement with Humanity Forward. PI regrets the errors.

 

A message from the Ewing Marion Kauffman Foundation:

Kauffman Foundation

 
Jobs Report

SPOTTED at a reception on the Hill on Tuesday marking 50 years of equal prize money at the U.S. Open and to introduce a resolution awarding Billie Jean King the Congressional Gold Medal, per a PI tipster: Reps. Brian Fitzpatrick (R-Pa.), Mikie Sherrill (D-N.J.), Mike Lawler (R-N.Y.), Young Kim (R-Calif.), Nicole Malliotakis (R-N.Y.), Lois Frankel (D-Fla.), Sheila Jackson Lee (D-Texas), Josh Gottheimer (D-N.J.) and Pelosi, and Miller Strategies Jeff Miller and Jessica Mandel.

Waxman Strategies has promoted Jacqueline Cohen to senior vice president and Carl Leighty to vice president in the environment practice and Gina Drioane to vice president of health communications.

Sandler Reiff Lamb Rosenstein & Birkenstock has promoted Erin Tibe to member of the firm. She was previously a senior counsel.

SAIC has added Barbara Graham to oversee its Navy business unit as senior vice president. She previously was senior vice president at CACI and is a BAE Systems alum.

Anna Pusey is now director of media affairs for the House Republican Conference. Pusey most recently was senior account executive at CRC Advisors.

Sindy Benavides is now executive director of the Latino Victory Project, succeeding Mayra Macias who is becoming interim executive director of Building Back Together. Benavides previously was CEO of the League of United Latin American Citizens.

Joseph Sellers Jr. will retire from his post as general president of the International Association of Sheet Metal, Air, Rail and Transportation Workers later this year. He’ll be succeeded by Michael Coleman, the current assistant to the general president.

Matt Mandel has joined WISPA as vice president of government affairs. He previously was senior vice president of government and public affairs at the Wireless Infrastructure Association.

Sam Buchan is now senior director at Equinox Global Solutions. He most recently was principal at Anabasis Strategies and is a Trump NSC and Energy Department alum.

New Joint Fundraisers

None.

New PACs

CREATORS PAC (Super PAC)
NEW JERSEY REPUBLICAN VOTER INTEGRITY PROJECT INJRVIP (Super PAC)
WORKING FOR AMERICA INC. (Super PAC)

 

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New Lobbying REGISTRATIONS

Akin Gump Strauss Hauer & Feld: Americano Media Group LLC
Akin Gump Strauss Hauer & Feld: Atalco Gramercy LLC (Atlantic Alumina)
Alba Consulting: Doterra
Alston & Bird LLP: Flow Therapy
Alston & Bird LLP: Outset Medical
Capitol Counsel LLC: Artis, LLC
Husch Blackwell Strategies: Alaska Native Tribal Health Consortium
Law Offices Of George Harris, LLC: Town Of Grove Hill
Mehlman Consulting, Inc.: Netflix, Inc.
Mehlman Consulting, Inc.: Option Care Enterprises, Inc.
Monument Advocacy: City Of Washougal
Monument Advocacy: Cowlitz Indian Tribe
Monument Advocacy: National Milk Producers Federation
Pendulum Strategies, LLC: Aleka Capital, Incorporated
Prasam: Earthly Dynamics LLC
Roberti Global (Fka Roberti White, LLC): Mare Finance Investment Holdings
Subject Matter: Senate Of Puerto Rico
The Williams Group: Financial Accounting Foundation
Thorn Run Partners: Jetblue Airways Corporation
Torrey Advisory Group (Formerly Michael Torrey Associates, LLC): California Prune Board
Torrey Advisory Group (Formerly Michael Torrey Associates, LLC): Forage Technology Corporation
Van Scoyoc Associates: The Virginia Hospital Center Arlington Health System Dba Vhc Health
Williams And Jensen, Pllc: Lion Point

New Lobbying Terminations

Corporation For Supportive Housing: Corporation For Supportive Housing

 

A message from the Ewing Marion Kauffman Foundation:

Traditional banks tend to focus on larger, more profitable business loans. But many small businesses don't need much when they're just getting started — making so-called microloans an important part of the entrepreneurial ecosystem. Alternative lending like this is just one of several strategies that the Ewing Marion Kauffman Foundation is advancing in order to increase lending opportunity. Learn more.

 
 

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