Legal expert Ben Wittes and author Brody Mullins discuss Michael Cohen's testimony on Trump's hush money scheme. They also explore the decline of corporate lobbying power in Washington and its implications on politics.
Michael Cohen's testimony significantly corroborates Trump's hush money scheme, showcasing his strength against weak defense lawyers.
Corporate lobbying now prioritizes grassroots influence over traditional insider deals, reflecting a shift in Washington's power dynamics.
Deep dives
The Evolution of Corporate Lobbying in Washington
Corporate lobbying in Washington has evolved from traditional insider deals to influencing constituents. Companies now focus on grassroots support to sway lawmakers' decisions based on public opinion rather than traditional lobbying tactics.
The Rise and Fall and Rise of Paul Manafort
Paul Manafort, a key figure in DC lobbying and Republican politics, rose to prominence during the Reagan era. His trajectory involved working for a pro-Russian president in Ukraine and later on the Trump campaign. Despite facing legal troubles, he retains influence due to loyalty from figures like Trump.
Influence of Corporate Lobbying under Potential Biden or Trump Win
Corporate lobbies are facing challenges under both potential Biden and Trump wins. Antitrust measures, investigations into big tech companies, and anti-corporate sentiments are bipartisan issues affecting corporate America. The future looks challenging for corporations with potential changes in regulatory approaches.
Impacts of Shifting Dynamics in DC Lobbying
The dynamics of lobbying in DC have shifted from traditional power brokers to a mix of influence peddling and constituents-based lobbying. Grassroots support and public perception play crucial roles in lawmakers' decisions. The evolving landscape poses challenges and opportunities for businesses engaging in lobbying efforts.
Michael Cohen substantiated 99% of what's needed to prove Trump's hush money reimbursement scheme—and so far, Cohen held his own under the weak defense counsel's cross-exam. Plus, are we past the peak power of the corporate lobbying world? Ben Wittes and the WSJ's Brody Mullins join Tim Miller today.