“Campaign money flows to those holding power or those positioned to do so, and those in the lobbying business are incentivized to play up their role in facilitating it. But corporate America’s potential embrace of the congressional GOP is notable for what preceded it. Following the Capitol riot on Jan. 6, many top corporations vowed to withhold their political donations to the Republican lawmakers who objected to the certification of Joe Biden’s electoral college victory, which includes members in the House GOP leadership ranks. Comcast, Mastercard, American Express and others announced they would not give to those lawmakers; others suspended political contributions entirely.”
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““Where we are today from where we were six to eight months ago is a fundamentally different political environment,” said David Tamasi, managing director of Chartwell Strategy Group and a lobbyist with ties to former President Donald Trump. “I think people are realizing that you know it’s likely that the House is gonna flip, and that you’re gonna have to engage with some of the folks that are going to have greater political profiles than they did previously.”
For those on K Street, corporate PAC donations serve as a key tool for access and favors. And the decision to withhold donations vexed GOP lawmakers, two Republican lobbyists said. Additionally, GOP lobbyists at major companies have grown frustrated with expectations that they are supposed to deliver results for their businesses while unable to give to those members who objected to the results of the election, according to one K Street insider. The same lobbyist speculated that the GOP’s frustration with the business community over the lack of donations could cause the party to be less amenable to corporate interests.”
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““I think they’ll want to figure out how to repair relationships with people that hold gavels and hold chairmanships that are important,” Geduldig said.”
https://www.politico.com/news/2021/11/08/gop-lobbyists-corporate-america-520026