➡️Venture capital executive (@RonaldKlain).
➡️Former pharmaceutical, insurance lobbyist (Steve Ricchetti).
➡️Top Dem recipient of Big Oil $ (@CedricRichmond).
➡️Co-founder of firm that represents pharma & private equity (@jomalleydillon).
MORE BIDEN ADMINISTRATION PICKS:
➡️Co-founder of firm that represents big defense & tech companies (@ABlinken).
➡️Ex-consultant for data-miner @PalantirTech (Avril Haines).
➡️Senior VP (on leave) of firm that represented embattled Swiss-based mining giant Glencore (@LindaT_G).
BIDEN ECONOMIC TEAM PICKS:
➡️Managing director for massive NY financial firm (@BrianCDeese).
➡️ex-senior advisor for massive NY financial firm (@wallyadeyemo).
➡️CEO of DC think tank that has raised millions from Wall St, big banks, big tech & defense contractors (@neeratanden).
BIDEN's reported pick for Defense Secretary, retired Army General LLOYD J. AUSTIN III, is a member of a private equity fund that invests in defense contractors, & boasts its members’ “access, network & expertise” are an advantage in government contracting. documentcloud.org/documents/7333…
NEW BIDEN TRANSITION TEAM ADDITIONS
(all added quietly/without announcement after the initial team was unveiled):
BIDEN WH APPOINTEES' BIG TECH TIES:
➡️ex-@Facebook Associate General Counsel (Jessica Hertz)
➡️ex-@Facebook board member (@JeffZients)
➡️consultant who represented @Uber in effort to exempt its drivers from being classified as full-time employees in California (@jakejsullivan)
NEW: TONY BLINKEN's personal financial disclosure statement shows that he has been paid to consult for:
➡️McKinsey
➡️Facebook
➡️Uber
➡️Microsoft
➡️LinkedIn
➡️Boeing
➡️Blackstone
➡️Lazard
➡️Royal Bank of Canada
➡️SoftBank
➡️AT&T
➡️FedEx
➡️Gilead
➡️Sotheby's beta.documentcloud.org/documents/2043…
BLINKEN's consulting was through WESTEXEC ADVISORS, which he co-founded.
@WEAdvisors paid him $1.2M, with another $250k-$500k coming.
His stake is worth $500k-$1M.
He also has a stake in a linked venture-capital fund (WestExec Ventures) worth $1M-$5M. wsj.com/articles/biden…
NEW REPORTED BIDEN NATSEC/DIPLO PICKS:
➡️VP at private equity firm Warburg Pincus (@jonfiner)
➡️counselor at @ASG, which has advised international firms, such as embattled Swiss mining giant @Glencore (@wendyrsherman)
NEW FILING: BIDEN's pick for top economist, CECILIA ROUSE, was paid $340k in directors fees by the investment management firm @TRowePrice, which saw its profits rise 43.7% in the 4th quarter & its assets grow to $1.5 trillion. beta.documentcloud.org/documents/2046…
NEW: BIDEN's @SBAgov pick, ISABEL GUZMAN, worked at the agency, then co-founded a consulting firm that advises businesses on how to win contracts shaped by the agency.
NEW: BIDEN @CIA pick BILL BURNS was paid by:
➡️Macro Advisory; $150k: Burns didn't detail his work, but Macro helps cos. work in China & the Middle East.
➡️Makena Capital; $200k: "multigenerational capital" manager.
➡️@IntlPaperCo; $112k.
➡️@Allianz; $17k. beta.documentcloud.org/documents/2047…
Asked if TikTok's Chinese parent ByteDance had a role in prepping him for today, TikTok chief SHOU CHEW says he worked “with my team here in DC."
Curious what the Biden-connected firm @SKDK, which TikTok hired amid rising US scrutiny, is doing for TikTok.
.@SKDK advises clients on navigating government & public scrutiny.
But it says it doesn't lobby.
It is not currently registered to lobby for TikTok (or any client) under LDA or FARA, despite FARA's requirement that consultants register when they do PR for some foreign clients.
Its members include judges, but also Senators & business & media execs.
As LEONARD LEO put it in a video obtained by @ProPublica, "if this can work for law, why can’t it work for lots of other areas of American culture…" propublica.org/article/leonar…
According to materials I obtained, TENEO's big Sept. retreat at @BarnsleyResort in Ga. featured presentations by:
▶️@realdailywire's @JeremyDBoreing
▶️filmmaker Jon Erwin
▶️@BetsyDeVos & Dick DeVos
▶️hedge fund billionaire Paul Singer
▶️Leonard Leo & his lieutenant Jonathan Bunch
NEW: KEVIN McCARTHY's closest confidant & biggest fundraiser is a lobbyist who spearheaded his speaker campaign, sneaking into his Capitol office to avoid reporters & urging donors to pressure holdouts to vote 'yes.'
As a result, Miller is in high demand in corporate America, where he is seen as the guy to neutralize scrutiny from a GOP right flank that is targeting big business as "woke"
Even with Trump gone, Jeff Miller demonstrated his influence (but also the risks of the relationship for McCarthy) by helping defeat bipartisan antitrust bills targeting his clients @Amazon & @Apple.
@TuckerCarlson & others suggested McCarthy opposed the bills at Miller's behest
In an encrypted group text, FTX officials & consultants deliberated over how to attribute political donations, & worried they might be violating campaign finance rules, we revealed last month. nytimes.com/2022/11/22/bus…
Those concerns were borne out in the indictment unsealed today
According to the indictment:
@SBF_FTX & others "knowingly & willfully" made donations to candidates, joint cmtes & super PACs "in the names of other persons" (i.e. illegal straw donations), & made corporate donations to campaigns (which are also illegal). documentcloud.org/documents/2345…
Another potential violation not expressly articulated in the indictment:
If @FTX_Official corporate funds were being steered into political donations, that could also constitute illegal FOREIGN donations, since the company was registered in the Bahamas. fec.gov/help-candidate…
JUST POSTED: With Washington headed for divided government, The Oversight Industrial Complex is revving up.
Millions of dollars are already starting to flow to defense lawyers & new nonprofit groups geared toward GOP congressional investigations. nytimes.com/2022/11/17/us/…
DAVID BROCK is leaving MEDIA MATTERS (@mmfa) & @AMERICAN_BRIDGE to start & run a new 501(c)4, @FactsFirstUSA that aims to raise $5m/year for "A SWAT Team to Counter Republican Congressional Investigations," per memo to Dem donors, outside groups & others. documentcloud.org/documents/2331…
FACTS FIRST USA plans to use paid advertising, social, legal analysis, polling & research to try to turn the oversight investigations back on Republicans.
It produced this video accusing Republicans of preparing “sham investigations to help elect Trump.”
The PETER THIEL-backed Senate candidate BLAKE MASTERS also spoke (before TRUMP) at the ROCKBRIDGE NETWORK's reception last night at Mar-a-Lago.
Then, Masters & Trump attended the premiere of a documentary critical of MARK ZUCKERBERG's donations to support election administration
A deck indicates that ROCKBRIDGE NETWORK is “pursuing political alpha” by funding initiatives like:
➡️"government-in-waiting" for the next GOP WH: $3M
➡️“influencer programs,” investigative journalism & P.R.: $8M
➡️“lawfare & strategic litigation”: $3.75M documentcloud.org/documents/2157…