NEW: Washington's influence crowd — a whole industry whose livelihood depends on predicting political fortunes — is racing to figure out what Joe Biden's administration would look like. by @rbravender & @tomlobianco in @Politicsinsider ($) ow.ly/eQb550BQyZS
Lobbyists are poring over Biden policy platforms for clues. They're gaming out who gets Cabinet & WH gigs. Firms are eyeing new Democratic hires & Republicans are worried about job security as the left appears poised for big gains in the executive branch & on Capitol Hill.
"I'm telling people to prepare for a Democratic wave," said Jim Moran, a former Democratic congressman for Virginia who's now a lobbyist at Nelson Mullins Riley & Scarborough LLP.
K Street firms always hedge their bets in a two-party town where the power structure is constantly in flux. That's why it's noteworthy that even Republicans in the influence arena say there's been a big shift recently toward expecting a Biden win in November.
"The pressure from clients to predict and explain the policy changes and impacts from a Biden administration is absolutely increasing by the day," one GOP consultant told Insider.
There's less attention on what another four years would look like under Trump. "One now rarely hears, 'What will happen in a second Trump term?' because few if any companies and trade associations think it will happen," said the consultant.
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