London Daily

Focus on the big picture.
Thursday, Oct 30, 2025

5 Crazy Facts About Lobbyists

Lobbyists! You’ve probably heard of them before - they’re a go-to villain in modern politics. But what, exactly, are lobbyists? And are they really buying our government out from under us?

Well, yes. Yes they are. Here are 5 ways lobbyists are corrupting our government.



1. Lobbyists raise gobs of money for elected officials

The average senator has to pull in more than $14,000 dollars every single day, just to stay in office. One of the easiest ways to raise that kind of cash is to turn to lobbyists, who make big donations and organize swanky fundraisers for elected officials in order to buy influence for their clients.

Here’s how it works. Let’s say you’re a big bank. You want to buy influence with a senator on the banking committee so he’ll vote your way on an upcoming bill. The easiest way would be to just give $100,000 directly to the senator’s reelection campaign. But alas, that would be illegal - federal law prohibits companies from making direct donations to candidates. So instead, you hire a lobbying firm.

Here’s where things get corrupt. That lobbying firm can legally organize a swanky fundraiser that brings in $100,000 for the senator’s reelection campaign. At the fundraiser, your lobbyist just happens to have a friendly chat about your feelings on banking policy with the senator’s staff.

At the end of the day, the senator is still up $100,000, he still knows exactly where the money came from, and he knows which way to vote if he wants the money to keep flowing. But this time, nobody’s broken any laws!

One recent study found that “on average, for every dollar spent on influencing politics, the nation’s most politically active corporations received $760 from the government.” That’s a 76,000% return on investment. And it works on both sides of the aisle - top lobbying firms raise big money for Republicans and Democrats at the same time.


2. Lobbyists write laws themselves

For an example, look at the 2014 omnibus budget deal. Congress used the deal to secretly put taxpayers back on the hook for bank bailouts. That’s right – in 2014, our representatives repealed a law that prevented the American people from bailing out big banks that engage in risky derivatives trading. Sorry to be the bearer of bad news.

The New York Times reports that 70 of the 85 lines in the language that killed the derivatives bill came from a piece of model legislation drafted by Citigroup lobbyists. Yes, that Citigroup – the bank that played a major role in the 2008 crisis and also received billions of federal stimulus dollars.

The same report also revealed that “two crucial paragraphs, prepared by Citigroup in conjunction with other Wall Street banks, were copied nearly word for word.” You can even view the original documents and see how Citigroup’s lobbyists redrafted the House bill, striking out ideas they didn’t like and replacing them with ones they did. Citigroup quite literally wrote its own rules.

The members of Congress who originally backed the Citigroup-authored bill received massive amounts of money from Wall Street - likely channeled through, you guessed it, swanky fundraisers.

To be clear, this isn’t just a problem with big banks. The exact same thing happens all the time on nearly every issue. Lobbyists for the chemical industry may have authored entire portions of a bill that shuts down state-based efforts to crack down on toxic chemicals. Lobbyists for one oil company “largely wrote” a bill about drilling for fossil fuels in an environmentally-sensitive area where it had property. Sometimes lobbyists even brag about how few changes the politicians make to their work!


3. Lobbyists effectively bribe members of Congress with lucrative job offers… to become lobbyists3

Lobbyists routinely offer members of Congress and their staffers lucrative jobs at their firms or their clients’ companies. These negotiations often take place while our representatives are still in office and, ostensibly, working for us, the American people. With multi-million-dollar future salaries on the line, most members of Congress are more than willing to protect the best interests of the lobbyists who will one day be their employers.

“I would say to [the Member], ‘When you’re done working on the Hill, we’d very much like you to consider coming to work for us.’ The moment I said that, we owned them. And what does that mean? Every request from our office, every request of our clients, everything that we want, they’re gonna do.” – Former lobbyist Jack Abramoff

The phenomenon of members of Congress heading off to work for lobbying firms and their clients is know as “the revolving door.” And it’s become shockingly common: in the 1970s, less than 5% of retiring legislators went on to become lobbyists. Now, half of retiring senators and a third of retiring house members do.


4. Politicians who walk through the revolving door are in for a massive raise4


It’s hard to overemphasize how tempting a revolving door gig can be. Congressmen who go on to become lobbyists get, on average, a 1,452% raise. Small wonder they’re willing to throw a few votes the lobbyists’ way with that kind of money on the line.

5. And that’s just the lobbyists we know aboutDependent
Thanks to loopholes in how federal law defines lobbyists, many elected officials go on to take what are effectively revolving door lobbying jobs without ever having to officially register as lobbyists. These “shadow lobbyists,” like former Sen. Tom Daschle (D-SD) and Rep. Newt Gingrich (R-GA), are lobbyists in everything but name, and they’re certainly paid just as well as the real thing. Researchers estimate that there’s actually twice as much lobbying as what’s publicly disclosed - making the business of influencing politicians a $7 billion industry.


So, why don’t we just ban lobbying all together? Well, constitutionally, we can’t - and we shouldn’t have to.

Lobbying isn’t inherently evil. After all, a lobbyist is just a professional person hired to represent their client’s interests to an elected official. All kinds of groups, from major businesses to unions to nonprofits, pay for lobbyists.

The act of lobbying itself - that is, simply advocating a position to an elected official - is not the problem, and it’s actually protected by the First Amendment. Individuals and groups have every right to express their opinions to Congress about how proposed legislation might affect them and to try to convince lawmakers to take their side. The problem is that lobbyists routinely use money, favors, gifts, or lucrative job offers to do the convincing for them.

You can lobby, and you can donate to a politician. But you shouldn’t be allowed to do both.

Luckily, that’s something we can fix with a single law. The unseemly and terrible behavior we’ve covered in this piece may be legal now, but it doesn’t have to be. Reforms to ban lobbyists from coordinating fundraising, close the revolving door, and end “shadow lobbying” have already been proposed at the federal level, and they’re currently picking up momentum in cities and states around the country. As the anti-corruption movement grows, we get closer and closer to ending lobbyist corruption for good.

Newsletter

Related Articles

0:00
0:00
Close
UK and Vietnam Sign Landmark Migration Deal to Fast-Track Returns of Irregular Arrivals
UK Drug-Pricing Overhaul Essential for Life-Sciences Ambition, Says GSK Chief
Princesses Beatrice and Eugenie Temporarily Leave the UK Amid Their Parents’ Royal Fallout
UK Weighs Early End to Oil and Gas Windfall Tax as Reeves Seeks Investment Commitments
UK Retail Inflation Slows as Shop Prices Fall for First Time Since Spring
Next Raises Full-Year Profit Guidance After Strong Third-Quarter Performance
Reform UK’s Lee Anderson Admits to 'Gaming' Benefits System While Advocating Crackdown
United States and South Korea Conclude Major Trade Accord Worth $350 Billion
Hurricane Melissa Strikes Cuba After Devastating Jamaica With Record Winds
Vice President Vance to Headline Turning Point USA Campus Event at Ole Miss
U.S. Targets Maritime Narco-Routes While Border Pressure to Mexico Remains Limited
Bill Gates at 70: “I Have a Real Fear of Artificial Intelligence – and Also Regret”
Elon Musk Unveils Grokipedia: An AI-Driven Alternative to Wikipedia
Saudi Arabia Unveils Vision for First-Ever "Sky Stadium" Suspended Over Desert Floor
Amazon Announces 14 000 Corporate Job Cuts as AI Investment Accelerates
UK Shop Prices Fall for First Time Since March, Food Leads the Decline
London Stock Exchange Group ADR (LNSTY) Earns Zacks Rank #1 Upgrade on Rising Earnings Outlook
Soap legend Tony Adams, long-time star of Crossroads, dies at 84
Rachel Reeves Signals Tax Increases Ahead of November Budget Amid £20-50 Billion Fiscal Gap
NatWest Past Gains of 314% Spotlight Opportunity — But Some Key Risks Remain
UK Launches ‘Golden Age’ of Nuclear with £38 Billion Sizewell C Approval
UK Announces £1.08 Billion Budget for Offshore Wind Auction to Boost 2030 Capacity
UK Seeks Steel Alliance with EU and US to Counter China’s Over-Capacity
UK Struggles to Balance China as Both Strategic Threat and Valued Trading Partner
Argentina’s Markets Surge as Milei’s Party Secures Major Win
British Journalist Sami Hamdi Detained by U.S. Authorities After Visa Revocation Amid Israel-Gaza Commentary
King Charles Unveils UK’s First LGBT+ Armed Forces Memorial at National Memorial Arboretum
At ninety-two and re-elected: Paul Biya secures eighth term in Cameroon amid unrest
Racist Incidents Against UK Nurses Surge by 55%
UK Chancellor Rachel Reeves Cites Shared Concerns With Trump Administration as Foundation for Early US-UK Trade Deal
Essentra plc: A Closer Look at a UK ‘Penny Stock’ Opportunity Amid Market Weakness
U.S. and China Near Deal to Avert Rare-Earth Export Controls Ahead of Trump-Xi Summit
Justin time: Justin Herbert Shields Madison Beer with Impressive Reflex at Lakers Game
Russia’s President Putin Declares Burevestnik Nuclear Cruise Missile Ready for Deployment
Giuffre’s Memoir Alleges Maxwell Claimed Sexual Act with Clooney
House Republicans Move to Strip NYC Mayoral Front-Runner Zohran Mamdani of U.S. Citizenship
Record-High Spoiled Ballots Signal Voter Discontent in Ireland’s 2025 Presidential Election
Philippines’ Taal Volcano Erupts Overnight with 2.4 km Ash Plume
Albania’s Virtual AI 'Minister' Diella Set to 'Birth' Eighty-Three Digital Assistants for MPs
Tesla Unveils Vision for Optimus V3 as ‘Biggest Product of All Time’, Including Surgical Capabilities
Francis Ford Coppola Auctions Luxury Watches After Self-Financed Film Flop
Convicted Sex Offender Mistakenly Freed by UK Prison Service Arrested in London
United States and China Begin Constructive Trade Negotiations Ahead of Trump–Xi Summit
U.S. Treasury Sanctions Colombia’s President Gustavo Petro over Drug-Trafficking Allegations
Miss USA Crowns Nebraska’s Audrey Eckert Amid Leadership Overhaul
‘I Am Not Done’: Kamala Harris Signals Possible 2028 White House Run
NBA Faces Integrity Crisis After Mass Arrests in Gambling Scandal
Swift Heist at the Louvre Sees Eight French Crown Jewels Stolen in Under Seven Minutes
U.S. Halts Trade Talks with Canada After Ontario Ad Using Reagan Voice Triggers Diplomatic Fallout
Microsoft AI CEO: ‘We’re making an AI that you can trust your kids to use’ — but can Microsoft rebuild its own trust before fixing the industry’s?
×