Lobbyists Decamp From D.C.
Could the current climate in Washington, D.C., be discouraging lobbyists from practicing their persuasive trade in and around the White House? Or does the downsizing of their ranks have more to do with the economy than the political zeitgeist on Capitol Hill?
Either way, according to a new study referenced in Monday’s Wall Street Journal, their collective presence is still stronger in our nation’s capital than it was 11 years ago. Baby steps. –KA
The Wall Street Journal:
A record number of lobbyists have quit the business this year, according to a study released today.
About 1,400 lobbyists, or 8% of the industry, left in the three-month period ending June 30, according to a joint study of lobbying records by the nonpartisan Center for Responsive Politics and OMB Watch. Typically, a few hundred lobbyists leave the business every quarter.