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Trump’s return supercharges lobbying revenues

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President Donald Trump’s second term is already delivering a massive payday for Washington’s top lobbying shops — especially those with close ties to the administration.

According to disclosures filed this week, Trump’s wide-ranging policy upheavals across trade, tax, health care, tech, defense and energy boosted the bottom lines of almost every one of K Street’s biggest lobbying firms.

Thirteen of the largest 20 firms by revenue reported growth of 10 percent or more compared to 2024. In total, they brought in nearly $824 million, up from $595 million during the final year of the Biden administration.

Several reported their highest-ever annual revenues, including Ballard Partners, Brownstein Hyatt Farber Schreck, BGR Group, Akin Gump Strauss Hauer & Feld and Holland & Knight.

“The real driver was that it’s the most activity that we’ve seen from a first year of a new administration in a long time,” said Holland & Knight partner Paul Stimers, whose firm brought in $54.6 million in lobbying revenues last year.

While federal lobbying spending has been climbing steadily for the past decade — and the typical Year 1 of an administration also juices revenue — Trump’s aggressive use of executive power and influence is supercharging the trend.

“Every quarter it seems that there are more challenges and opportunities from the administration and Congress,” said Brownstein policy director Nadeam Elshami.

Some of the firms that saw the most dramatic windfalls were those with close ties to Trump and top administration officials.

Ballard Partners, which counts Attorney General Pam Bondi and White House chief of staff Susie Wiles among its alumni, signed more than 200 new clients after Trump’s election. It led K Street last year with more than $88.3 million in lobbying fees — a 350 percent increase from 2024.

In the fourth quarter alone, Ballard brought in more revenue than it did in all of 2024. (Blue Light News’s parent company, Axel Springer, was a Ballard Partners client for less than two months last year.)

Ballard contends that it’s focused on long-term success, beyond its sharp rise last year and close ties to the current administration.

“We remain doggedly committed to growing a fiercely bipartisan firm that is built to thrive in Washington’s dynamic political environment for decades to come,” said the firm’s founder and president Brian Ballard, who credited his employees for the firm’s growth.

Brownstein, K Street’s previous top earner and No. 2 for 2025, brought in $73.9 million in lobbying revenues last year, up from $67.9 million in 2024.

Coming in third last year was BGR Group, which employed former Wisconsin Republican Rep. Sean Duffy before he became Trump’s Secretary of Transportation. It also counts former Trump campaign adviser David Urban as a managing director. BGR reported $71.5 million in lobbying revenues last year, a 58 percent increase from 2024.

Among the upstart lobbying firms that cashed in on Trump’s second term were Continental Strategy, which was launched in 2021 by former Trump diplomat and adviser Carlos Trujillo. Continental, which also employs a top former aide to Secretary of State Marco Rubio and one of Wiles’ daughters, saw its lobbying revenues skyrocket from $1.8 million in 2024 to more than $27 million in 2025.

Checkmate Government Relations, which is led by Ches McDowell, a friend of Donald Trump Jr., reported receiving $70,000 from a single client at the end of 2024 but signed 80 clients and brought in more than $21 million in 2025.

Looking ahead, lobbyists expect trade to continue driving client interest in 2026, especially as businesses await the Supreme Court’s decision on the legality of Trump’s so-called reciprocal tariffs.

Even as they forecast a slowdown in legislation ahead of the midterm elections, lobbyists say they’ll also remain busy with congressional oversight, the government funding process as well as the administration’s latest foreign policy moves.

“Frankly, the lesson learned going forward is, Don’t be surprised,” Elshami said.

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Congress

House Transportation chair reveals markup date for highway bill

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House Transportation Chair Sam Graves (R-Mo.) is targeting April 29 as the markup date for the surface transportation reauthorization bill and is negotiating a topline number between $500 and $550 billion, he told Blue Light News Wednesday.

While a final topline number has yet to be agreed on, Graves said he has a ballpark figure.

“I’m gonna say it’s gonna be somewhere in the neighborhood of $550 billion or $500 billion — somewhere in there. That will be our number. We’re still actually — believe it or not — negotiating that,” Graves said.

That $550 billion total number being discussed for what is also known as the highway bill would be a combination of authorizations and contract authority for a five-year span.

If that number holds, the bill would be well below the 2021 bipartisan infrastructure law, which totaled $1.2 trillion, with $550 billion of that going to new federal spending for roads, bridges, transit, broadband, resilience and water infrastructure. Graves has said he wants the upcoming bill to be more traditional than the previous one with more focus on roads and bridges.

He added that he is in active talks with ranking member Rick Larsen (D-Wash.) and that he thinks Larsen “wants a little bit more” in funding. Peter True, a spokesperson for Larsen, confirmed Larsen wants a higher number than $550 billion.

Graves said there will be a registration fee for electric vehicles in the surface bill, a long-sought goal of his. Last year, he succeeded in inserting a $250 registration fee for EVs and $100 for hybrids in the House version of the GOP-led budget reconciliation bill, but those provisions never made it into law. He said the EV fee will be different this time around.

“We lowered it a little bit,” Graves said of the EV fee, though he did not provide an exact figure.

As for a registration fee on hybrid cars, he was less clear: “We’re not sure yet, but yes, probably.”

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DHS shutdown disrupts World Cup planning, officials tell senators

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The Department of Homeland Security shutdown is already undermining federal preparations for the 2026 FIFA World Cup, administration officials warned senators Wednesday — cautioning that the ongoing funding lapse has slowed coordination with state and local authorities and cost the agency hundreds of airport screeners as the U.S. gears up to host one of the largest sporting events in the world.

“It has significantly impacted our operations,” Christopher Tomney, DHS director of the Office of Homeland Security Situational Awareness, told lawmakers at a joint congressional hearing convened by the Senate Appropriations Subcommittees on Homeland Security and Commerce-Justice-Science.

Tomney, who is serving as the federal government’s senior coordinating official for the 2026 tournament, said the shutdown has “hindered our coordination with state and locals” and “reduced our planning efforts.”

He added that “hundreds” of unpaid Transportation Security Officers have quit during the DHS funding lapse: “We just can’t replace that expertise overnight.”

Tomney’s testimony provided the starkest public acknowledgment yet of the DHS shutdown’s impact on the administration’s planning for the World Cup, which will bring millions of fans to 11 U.S. host cities this summer. It also highlighted broader anxieties about whether President Donald Trump’s rhetoric toward foreign visitors could dampen international travel and undercut the economic upside host cities are counting on.

Administration officials insisted the U.S. would be ready no matter what, but senators from both parties pressed witnesses on how the federal government can ensure a safe and welcoming tournament while DHS remains shuttered and key agencies juggle threats ranging from drones to cyberattacks.

On hand alongside Tomney was Douglas Olson, special agent in charge of the FBI’s Portland Field Office and the bureau’s senior coordinating official on the White House task force for the World Cup; and Robert O’Leary, deputy assistant secretary for travel and tourism at the Commerce Department.

Collectively, they sketched out an enormous effort already underway ahead of the 78-match tournament, which will unfold over 39 days and spill far beyond the official host cities into base camps, fan festivals and surrounding communities.

Sen. Katie Britt (R-Ala.), who chairs the Senate Homeland Security funding panel and presided over part of the Wednesday hearing, asked Tomney directly how the 60-day DHS shutdown has affected preparations.

Tomney linked the shutdown to broader strains across DHS, which is expected to shoulder much of the burden for tournament security while also carrying out its regular missions in aviation, border security and emergency response.

Olson told senators that unmanned aerial systems remain one of the most serious concerns heading into the tournament: “The threat is very real. It’s growing,” he said, noting that drones are increasingly easy to acquire and difficult to detect.

Sen. Jerry Moran (R-Kan.), who chairs the Commerce-Justice-Science panel, asked what the federal government is doing to show that the United States is “open” and “welcoming” to fans from around the world.

O’Leary replied that the Commerce Department is working with other agencies, host committees and tourism groups to smooth travel and encourage future visits. He also pointed to the State Department’s work to reduce visa wait times and said the administration sees the World Cup as the first in a long run of major global events that can boost U.S. tourism.

But Democrats argued that Trump’s own policies are sending the opposite message.

Sen. Chris Van Hollen of Maryland, the top Democrat on the Commerce-Justice-Science appropriations subcommittee, said he is anxious that the administration’s actions unrelated to security — including the president’s anti-immigration rhetoric and travel restrictions — will discourage fans from coming and blunt the financial benefits expected to flow to host communities.

“What I worry about most is that factors unrelated to security will dampen enthusiasm for the tournament and reduce the economic benefits that should flow to communities that are hosting,” Van Hollen said.

He pointed to weaker-than-expected international tourism trends and pressed O’Leary on why Commerce had not yet produced updated travel forecasts required by law.

Sen. Jeanne Shaheen (D-N.H.) zeroed in on Canada and Mexico, which are co-hosting the tournament with the United States. She said Canadian tourism to her state has dropped sharply and tied the decline to Trump’s rhetoric toward America’s northern neighbor.

“We love our Canadian visitors,” said O’Leary, adding that the administration welcomes travel from Canada.

“Perhaps you should share that with President Trump,” Shaheen shot back.

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Congress

Obernolte wins

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Rep. Jay Obernolte (R-Calif.) is officially GOP conference policy chair.

He was elected by voice vote at the candidate policy forum on Wednesday, five members told Blue Light News as they were leaving the meeting. His only opponent, Rep. Claudia Tenney (R-N.Y.), withdrew from race on Tuesday.

Obernolte secured endorsements from senior Republicans like Republican Study Committee Chair August Pfluger (R-Texas) and the former policy chair Kevin Hern (R-Okla.). Hern left the position to launch a Senate bid.

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