Brian Schwartz
Brian Schwartz
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Koch network restarts door-to-door canvasing for candidates despite coronavirus pandemic

Koch network restarts door-to-door canvasing for candidates despite coronavirus pandemic

Keep Me Logged InKey PointsThe activist organization backed by libertarian billionaire Charles Koch is getting back to its ground game for its preferred candidates, while the coronavirus pandemic continues to sweep across parts of the country.  tied to the larger Koch network, is reactivating its in-person door knocking with just under 100 days until the general election AFP Action is backing a wide array of contenders, including five Republican Sens. David Perdue, R-Ga., Steve Daines, R-Mont., Cory Gardner, R-Colo, Thom Tillis, R-N.C., and John Cornyn, R-Texas. Four of the five Senate...

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Brian Schwartz
Jul 31
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Big Tech spends over $20 million on lobbying in first half of 2020, including on coronavirus legislation

Big Tech spends over $20 million on lobbying in first half of 2020, including on coronavirus legislation

Keep Me Logged InKey PointsThe Big Tech companies of Facebook, Amazon, Apple and Google combined to spend over $20 million on lobbying in the first half of 2020, with part of their focus on legislation that was meant to combat the economic downturn of the coronavirus pandemic. Facebook and Amazon have been the leaders in lobbying investments throughout the past six months. The social media giant spent just over $10 million, a record amount for its lobbying efforts in the first half of the year, according to data from the nonpartisan Center for Responsive Politics. Amazon also broke records,...

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Brian Schwartz
7d ago
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Citigroup executive Ray McGuire discussed potential NYC mayor run with political strategists

Citigroup executive Ray McGuire discussed potential NYC mayor run with political strategists

Keep Me Logged InKey PointsCitigroup's Ray McGuire appears to be moving closer to running for mayor of New York.He has held court with several high-profile political strategists recently, and at least one city political power player seems to be working the phones on his behalf. McGuire, one of the most prominent black executives in finance, is vice chairman of Citigroup and chairman of its banking, capital markets and advisory business. He has been speaking with senior New York political advisors about a possible run for the city's highest office, according to people familiar with the...

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Brian Schwartz
Jun 5
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Jared Kushner decides not to divest from real estate tech start-up he co-founded — for now

Jared Kushner decides not to divest from real estate tech start-up he co-founded — for now

Keep Me Logged InKey PointsPresident Donald Trump's son-in-law and senior advisor has decided to remain an investor for the time being in real estate tech start-up Cadre, which he co-founded.Jared Kushner made the decision as part of a private agreement he made with the company, according to people with direct knowledge of the matter. Kushner and the company put the divestiture on hold with the understanding that while he remains an investor, Cadre will not seek out foreign investors, these people said. "The transaction [divestiture] is still planned and has been on hold only due to Covid,...

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Brian Schwartz
Jul 15
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Financial advisory firm tells clients Biden won't be moving too far left if he becomes president

Financial advisory firm tells clients Biden won't be moving too far left if he becomes president

Keep Me Logged InKey PointsFinancial advisory firm Signum Global Advisors told clients Thursday that it isn't convinced Joe Biden is going to be as progressive as some may hope if he beats President Donald Trump in November. The firm told its corporate clients in a that it believes the put together by task forces filled with allies of Biden's and the more progressive Sen. Bernie Sanders show that the presumptive Democratic nominee doesn't plan to side too often with those on the left side of the political spectrum if he becomes president. "The report is very aspirational; it pays lip...

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Brian Schwartz
Jul 9
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U.S. foreign aid agency hit with low morale as White House works to appoint Trump loyalists

U.S. foreign aid agency hit with low morale as White House works to appoint Trump loyalists

Keep Me Logged InKey PointsPresident Donald Trump's former body man entered the White House after he was chosen to lead the Presidential Personnel Office earlier this year with a message to a team of liaisons: sweep out anyone disloyal to the commander in chief. John McEntee, Trump's new personnel head, called on the group in that meeting in February to find any so-called "Never Trump" political appointees and bring their names back to him. McEntee later pushed out many of those liaisons he called upon to help with his purge. They were then replaced by a group of younger, more loyal...

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Brian Schwartz
Jul 10
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Companies with Trump ties got coronavirus small business loans

Companies with Trump ties got coronavirus small business loans

Keep Me Logged InKey PointsMultiple businesses with ties to President Donald Trump received millions of dollars in small business relief loans backed by the administration. Trump is linked to the firms and their executives through business deals conducted with his company, the Trump Organization, as well as through financial support for his 2016 run for president, his inauguration and his 2020 reelection campaign. The names of more than 660,000 businesses that were approved for Paycheck Protection Program loans were revealed on Monday by the Treasury Department and Small Business...

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Brian Schwartz
Jul 7
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Democratic bill would require dark money judicial groups to reveal donors

Democratic bill would require dark money judicial groups to reveal donors

Keep Me Logged InKey PointsDemocratic lawmakers introduced a bill Thursday that would require "dark money" judicial groups to reveal their donors after playing an outside role during a recent run of Supreme Court confirmation hearings. Sens. Dianne Feinstein and Sheldon Whitehouse, both members of the Senate Judiciary Committee, filed the bill titled the "."The bill, co-sponsored by eight other Democratic lawmakers, demands that groups which spend $50,000 in a calendar year on advertisements linked to federal judicial nominations to release the names of their donors who give over $5,000....

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Brian Schwartz
Jul 2
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Financial advisory firm Signum tells clients Senate will flip to Democrats as Biden surges past Trump

Financial advisory firm Signum tells clients Senate will flip to Democrats as Biden surges past Trump

Keep Me Logged InKey PointsFinancial advisory firm Signum Global Advisors is telling clients that it now believes the U.S. Senate is going to flip blue as presumptive Democratic nominee Joe Biden continues to surge past President Donald Trump in the polls. In a note to Signum's clients, Chairman Charles Myers and senior partner Lew Lukens said that while they were initially convinced Republicans would maintain control of the upper chamber, they have changed their minds and think Democrats are going to take it back. "As Joe Biden's lead over Trump in national and battleground polling has...

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Brian Schwartz
Jun 23
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Sen. Bob Menendez calls for State Department inspector general to investigate federal media CEO Michael Pack

Sen. Bob Menendez calls for State Department inspector general to investigate federal media CEO Michael Pack

Keep Me Logged InKey PointsSen. Bob Menendez is ratcheting up the pressure on newly installed U.S. Agency for Global Media CEO Michael Pack to explain his recent of executives and its board members. In a on Tuesday, Menendez, the ranking member of the Senate Foreign Relations Committee, called on the State Department's acting inspector general, Stephen Akard, to investigate whether Pack's termination of many longtime agency officials broke a rule that was established by the Broadcasting Board of Governors. The board had previously enacted a new regulation, which, through what they call a...

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Brian Schwartz
Jun 23
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Trump and RNC raised $74 million in May, trailing Biden's haul

Trump and RNC raised $74 million in May, trailing Biden's haul

Keep Me Logged InKey PointsPresident Donald Trump and the Republican National Committee combined to raise $74 million in the month of May, the Trump campaign announced on Saturday. The haul is less than presumptive Democratic nominee Joe Biden's total haul that same month and it represents the first time Biden and the Democratic National Committee combined to raise more than their Republican opponents.  The campaign says the amount was raised through the campaign, the RNC and their joint fundraising committees. They combined to have $265 million on hand going into June. The developments...

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Brian Schwartz
Jun 20
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Federal media chief Michael Pack installs Trump loyalists to leadership posts, memo says

Federal media chief Michael Pack installs Trump loyalists to leadership posts, memo says

Keep Me Logged InKey PointsPresident Donald Trump's pick to be the CEO of a federal media agency is moving ahead with installing loyal administration officials to key leadership roles.The newly appointed chief of staff to the U.S. Agency for Global Media [USAGM], once known as the Broadcasting Board of Governors, sent out a memo to staff about the changes that are being made. The new chief is Emily Newman, who was an advisor to the Department of Homeland Security prior to becoming a leader within USAGM, her financial disclosure report shows. Beyond adding new leaders to the agency, Pack on...

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Brian Schwartz
Jun 17
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Small-dollar donations help Biden raise millions while some wealthy donors remain on the sidelines

Small-dollar donations help Biden raise millions while some wealthy donors remain on the sidelines

Keep Me Logged InKey PointsJoe Biden and the Democrats have been hauling in record fundraising totals ever since he won a landslide of primaries during Super Tuesday in March, which helped propel him to become the party's presumptive nominee for president.Much of that success is due to small-dollar donors. Biden's campaign announced Monday that they, along with the Democratic National Committee, , with an average donation of $30. As noted on Twitter by Biden's deputy campaign manager Rufus Gifford, the total surpassed President Barack Obama's 2012 May haul and Hillary Clinton's final amount...

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Brian Schwartz
Jun 16
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Trump nominee's nonprofit under investigation by D.C. attorney general

Trump nominee's nonprofit under investigation by D.C. attorney general

Keep Me Logged InKey PointsA nonprofit run by President Donald Trump's nominee to lead a federal media agency is under investigation by the Washington, D.C., attorney general for potential self-dealing.  Michael Pack, who was picked by Trump to run the U.S. Agency for Global Media, heads a nonprofit called Public Media Lab.Bob Menendez, the Democratic ranking member of the Senate Foreign Relations Committee, which is reviewing Pack's nomination, said in a statement that the organization is being investigated by D.C.'s attorney general. The Senate committee is chaired by Republican Sen....

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Brian Schwartz
May 14
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Big money lines up behind Democrats in key Senate races as donors sense a chance to win the majority

Big money lines up behind Democrats in key Senate races as donors sense a chance to win the majority

Keep Me Logged InKey PointsBig money donors are rushing to support Democrats in competitive U.S. Senate races as they sense an opportunity to take back the chamber from Majority Leader Mitch McConnell and his fellow Republicans. These wealthy fundraisers are targeting Republican-held seats in Maine, Colorado, North Carolina and Arizona that are seen as toss-ups this fall. They are also focusing on states such as Iowa and Montana, where the Senate races are rated "lean Republican" by the online political analysis organization Cook Political report. Republicans have a 53-47 edge in the...

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Brian Schwartz
May 12
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Investment firms spent millions lobbying Trump administration and Congress on coronavirus relief bill

Investment firms spent millions lobbying Trump administration and Congress on coronavirus relief bill

Keep Me Logged InKey PointsSome of the world's largest investment firms combined to spend at least $3 million lobbying members of the Trump administration and lawmakers on a bill that was meant to give relief to those that have taken a financial hit due to . Blackstone, the Carlyle Group and SoftBank took aim at the $2 trillion stimulus package that was signed by President Donald Trump as the global pandemic was shaking the stock market and forcing millions of people out of work. These companies and their lobbyists engaged with Treasury officials and leaders in the House and Senate, records...

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Brian Schwartz
Apr 27
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Republican National Committee paid Trump ally's law firm $20,000 for impeachment defense

Republican National Committee paid Trump ally's law firm $20,000 for impeachment defense

Keep Me Logged InKey PointsThe Republican National Committee is catching up on its payments to legal advisors on the president's impeachment defense team. Kasowitz, Benson and Torres, a firm founded by longtime Trump legal advisor Marc Kasowitz, was paid $20,000 by the RNC in March for "legal and compliance services," according to a new Federal Election Commission filing reviewed by CNBC. An RNC official confirmed the payment was for the work the firm did for Trump in the congressional battle over whether the president should be impeached. This would mark the first time the firm has been...

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Brian Schwartz
Apr 24
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WHO envoy says coronavirus 'will stalk the human race for a long time to come'

WHO envoy says coronavirus 'will stalk the human race for a long time to come'

Keep Me Logged InKey PointsThe special envoy to the World Health Organization doesn't expect the coronavirus to disappear entirely until a vaccine is developed. "We think it's going to be a virus that stalks the human race for quite a long time to come until we can all have a vaccine to protect us," Dr. David Nabarro, a representative for the WHO, told NBC's "Meet the Press." Nabarro was asked what the United States should expect in the fall from the coronavirus as countries around the world continue to struggle with overcoming the pandemic. "There will be small outbreaks that will emerge...

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Brian Schwartz
Apr 12
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