The Only Ones Making Money in the Biden Economy are Biden Lobbyists
How do you make money in the Biden economy? You could...
A. Loot stores while shouting, "Black Lives Matter"
B. Apply for fraudulent COVID relief while blowing the money on sports cars
C. Be a Biden lobbyist
Biden has filled his administration with lobbyists and lobbying firms are seeing a great year as everyone tries to get through the door at once.
Washington’s top lobbying firms reported record lobbying revenues in 2021, and perhaps no one benefited more than lobbying shops with ties to President Joe Biden and his administration.
At Putala Strategies, a firm run by Chris Putala, a former aide to Biden from his time on the Senate Judiciary Committee, annual lobbying revenues soared from $1.3 million in 2020 to $4 million in 2021 — an increase of more than 200 percent — according to a review of lobbying disclosures.
I wonder what could possibly explain that mysterious phenomenon.
Jeff Ricchetti, the brother of top Biden adviser Steve Ricchetti, saw lobbying revenues continue to climb for his firm Ricchetti Inc., a trend that began in 2020 when Biden became the presumptive Democratic presidential nominee.
Ricchetti’s firm brought in $3.2 million in lobbying fees in 2021, up from $1.3 million in 2020 — a 150 percent increase. Ricchetti did not report lobbying the White House for any of his clients last quarter, having formally sworn off lobbying the West Wing amid backlash over a growing contingent of family members joining the Biden administration.
At TheGROUP D.C., where Sudafi Henry, Biden’s former vice presidential director of legislative affairs, is a partner, annual lobbying revenues more than doubled from $3.6 million in 2020 to $7.5 million in 2021. The firm also employs Kwabena Nsiah, who served as chief of staff to Biden’s top Hill liaison Cedric Richmond during Richmond’s time in the House. Nsiah was also a congressional aide to former Rep. Xavier Becerra, now Biden’s Health and Human Services secretary.
Is China getting in the game? Shi!
The new White House even lured one of K Street’s biggest names back into the influence game. Tony Podesta, the Democratic super lobbyist whose eponymous firm The Podesta Group collapsed after it came under scrutiny from special counsel Robert Mueller, reemerged on the lobbying scene this year, bringing in $1 million from the blacklisted Chinese telecom giant Huawei in just six months of work, lobbying disclosures show.
But the question is do they have any Hunter Biden paintings hanging in their offices?