POLITICO Playbook Daily Briefing
July 31, 2018
Jul 31, 2018
Paul Manafort, a seasoned political consultant with deep ties to Republican campaigns, dives into the shifting dynamics of lobbying. He discusses his legal challenges, specifically his tax evasion trial, while reflecting on the trend of lobbyists courting foreign clients. The conversation also touches on the GOP's strategies for the midterms and crucial updates in the political and judicial landscape, providing a revealing glimpse into the workings of Washington D.C. during a pivotal moment.
04:30
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Quick takeaways
- The shift in lobbying dynamics shows an increasing trend of lobbyists prioritizing foreign clients over domestic corporations for financial gain.
- Concerns about the GOP's chances in the midterms highlight a critical juncture, with strategic campaign spending becoming essential for political survival.
Deep dives
The Changing Landscape of Lobbying
The podcast highlights the evolving dynamics of lobbying in Washington, noting a significant shift in the nature of clients that lobbyists serve. Unlike in the past, when major corporations would readily pay for government relations services, lobbyists increasingly turn to foreign clients willing to pay significantly more for their influence in the U.S. This trend leads to a concerning incentive structure, where lobbyists are drawn to work with unsavory figures, such as despots, simply for financial gain. For example, Paul Manafort's case exemplifies this shift, where he received substantial payments from Ukraine, showcasing the lucrative but precarious nature of modern lobbying.
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