As former Mississippi Sen. Trent Lott well understands, politics is all about timing.
In 2007, Lott abruptly announced that he was resigning from the Senate. By leaving before 2008, he was able to avoid new rules that would have required him to wait two years before lobbying members of Congress. Instead, he had to delay his lobbying activities by only a year.
He then partnered with former Democratic Sen. John Breaux to form Breaux-Lott Leadership Group.
Trent Lott
Lott has been free to lobby for about a year now, and has made full use of the time. The lobby shop has attracted some of the country’s largest corporations and trade groups and its fees have exceeded $8 million this year, according to the Center for Responsive Politics.
Among the firm’s major clients is is PhRMA - the Pharmaceutical Research and Manufacturers of America, a prime opponent of health care reform. Breaux, who left the Senate in 2005, recently appeared on Fox, warning Democrats against moving too quickly on reform. (Fox described him not as a lobbyist, but as a “prominent Democratic centrist and former Louisiana senator.”)
Oil and defense are also major customers of Breaux-Lott.
Prime clients, according to lobbying reports filed with the Senate, include:
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Chevron USA, Inc.
FedEx Corporation
General Electric Company
National Association of Broadcasters
Nissan North America, Inc.
Northrop Grumman Corporation
Raytheon Company
Shell Oil Company
Financial Services Roundtable
Tyson Foods Inc.
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