Political lobbying is prominent in American politics and lobby groups can sometimes make money when the politician or party they backed has won the White House. This is the case of a Biden-linked lobbyist that has quintupled revenue ever since the 2020 election. Karl Evers-Hillstrom had this article in Center for Responsive Politics. Here is an excerpt:
Jeff Ricchetti, the brother of White House counselor Steve Ricchetti, raked in $820,000 in lobbying revenue from January through March, according to lobbying filings released Tuesday. That’s nearly five times more than he earned during the same period last year.
The rapid rise in lobbying revenue indicates that corporate interests believe Ricchetti can help them access the White House, where his brother plays a prominent role advising President Joe Biden and negotiating the terms of the president’s proposed $2.3 trillion infrastructure package.
TC Energy, the company behind the Keystone XL pipeline, made one of the largest payments to Ricchetti’s lobbying firm. The Canadian firm hired Ricchetti on Jan. 15 — days before Biden halted the pipeline project — and paid him $90,000 through March to lobby Congress and the president’s office on “the safe and efficient transportation of natural gas and liquids energy.”