Many former staffers enhance their value by rotating between congressional staffs, the executive branch, and lobbying or consulting jobs. In fact, 26 such politicians made the switch as Trump moved into the White House in 2017, according to the non-partisan Center for Responsive Politics, which monitors the revolving door between Congress, the federal bureaucracy and K Street on its website.Įvery two years, a platoon of defeated or retiring members of Congress moves down from Capitol Hill and into the waiting arms of lobbying companies and firms. Every two years, a platoon of defeated or retiring members of Congress moves down from Capitol Hill and into the waiting arms of lobbying companies and firms. It’s a cycle as predictable as the midterm election. On K Street, exploiting one’s connections to the rich and powerful is just another day at the office in a growing industry. For years - decades really - many of the people who work there have been getting rich and powerful doing some of what Cohen apparently was trying to do - just without the hush money and the porn star. So do newly revealed details about Cohen’s lucrative side business working as a paid consultant.īut K Street still is confused by the Cohen ruckus, and it’s easy to understand why. The salaciousness of Cohen’s operation helps explain some of the appeal.
0 Comments
Leave a Reply. |