The article discusses how Binance founder Zhao's pardon by Donald Trump highlights the influence of Trump allies on K Street, with lobbying efforts and business ties illustrating the close relationship between Binance, its legal representatives, and the Trump administration.
Harrison Fields, the principal deputy press secretary in the Trump White House and one of the most senior Black officials in Trump's team, is leaving to join the Republican lobbying firm CGCN, marking one of the first major departures in Trump's second term.
A senior White House aide, Morse, is leaving his position to become a lobbyist, subject to a one-year cooling-off period, leveraging his extensive experience and insight into federal agencies to assist clients in navigating the administration's operations.
John Thune, the newly-elected Senate Majority Leader, is surrounded by a mix of long-time Washington insiders and key Trump allies. His inner circle includes chief of staff Geoff Antell and trusted adviser Ryan Nelson, along with other long-serving staffers. Thune also benefits from the influence of former Trump officials like Johnny DeStefano and has strong connections with K Street through former staffers now in influential positions. As he prepares to lead the Senate, Thune will navigate a political landscape shaped by Trump's influence and policy priorities.
Lobbyists in Washington are capitalizing on the growing interest in artificial intelligence (AI) policy, with AI companies, industries, and interest groups enlisting their help to influence AI policy. The wide-ranging impact of AI across various sectors has led to a surge in business opportunities for lobbyists, who are positioning themselves as subject matter experts in AI. The lobbying frenzy has intensified as Congress delves into AI-related policy, with industries seeking incentives and avoiding restrictive regulations. OpenAI, while not officially hiring lobbyists, is building a presence in Washington and has tapped law firms for guidance and representation. Executives in the AI industry are also making significant campaign donations to cultivate political influence.