Posts Tagged ‘Rep. Michael McCaul’

Congressman Mixes Million with Billion

Wednesday, August 21st, 2013 by Geoffrey Lyons

IN AN APRIL report by the Government Accountability Office, a quarter of registered lobbyists were cited as having failed to disclose their income and expenditures to the nearest $10,000.  Last week, the second wealthiest Member of Congress, Rep. Michael McCaul (R-Texas), made an error on his financial disclosure that makes a $10,000 miscalculation appear astoundingly accurate.  The Congressman, who derives most of his wealth from his wife, the daughter of Clear Channel Communications Chairman Lowry Mayes and sister of Clear Channel CEO Mark Mays, affixed three extra zeros to an asset listed as “Harding Loevner Funds Inc.”

Two days after listing the asset at $1,000,000,000, McCaul filed an amendment asking the Clerk of the House to change this number to $1,000,000.  “[I]t was the intent that the column should read $1,000,000,” writes McCaul.  It’s thus not without humor that one revisits The Hill’s deadpan explanation that such an amendment “reduc[es] the congressman’s wealth dramatically under The Hill’s methodology.”  It’s hoped for the sake of general numeracy that under anyone’s methodology would $1 million appear $999 million shy of $1 billion.

Weekly Lobbying News Round-Up

Friday, September 17th, 2010 by Vbhotla

After last week’s surprise upset in Alaska (Joe Miller over Lisa Murkowski in the GOP Senate primary), Roll CallWeekly newsreports that lobbyists were quick to shift their financial and fundraising support from Murkowski to Miller. Article here.

The New York Times report on John Boehner’s lobbyist ties is examined a little more fully in our post, here. Boehner also responded via the Washington Examiner.

Pepsi and Coke both have new lobbyists in DC… maybe this will spark the huge Pepsi v. Coke epic battle we’ve all been waiting for. (Although I won’t lie, as a Michigander, I prefer Faygo).

John Doolittle, who earlier this year complained that the (cleared) ethics investigations against him were making supporting work difficult, has found a job lobbying for Colfax City, California.

Lots of ethical dilemmas and strong words being traded back and forth regarding House ethics.. Rep. Michael McCaul (R-Texas), one of the Ethics Committee members,  faces his own ethics and disclosure issues. Various public interest groups try to get Nancy Pelosi and John Boehner to publicly agree to support the OCE in the next Congress.

Ross Garber comments on Public Corruption charges post Skilling (discussion of Kevin Ring case included). See our posts about Kevin Ring and Skilling.

Following up on our report earlier this week that lobby shops are looking to up their GOP quotient ahead of the midterms, Roll Call reports on the Democratic job prospects on K St.

We anxiously await word on the fate of DISCLOSE.

Rep. Eleanor Holmes Norton (D-District of Columbia) was recorded leaving a voicemail on an unnamed lobbyist’s phone, asking for campaign contributions, and doing it in a manner that implied a reminder of Holmes Norton’s power status in the lobbyist’s “sector.” More on this story in our Monday post on lobbyist campaign contributions.

From the Canadian Society of Association Executives, a post on “Enhancing Grassroots Advocacy Through Social Media.” Worth a read.

The LA Times has an article on Kevin Spacey’s role as  Jack Abramoff in the upcoming “Casino Jack.”

Reports abound that Paul Magliocchetti is changing his “not guilty” plea in his 11-count indictment.

Three Obama administration employees never deregistered as lobbyists before taking their new jobs, according to OpenSecrets blog.

Quote(s) of the week:

“There may be a new gang in town after November,” said Hellmann, a former aide to then-Speaker Dennis Hastert (R-Ill.). “The climate will be better for the business community on taxes.” (Roll Call, 9/13/2010)

“A lot of people want to have coffee now.” – Gordon Taylor, Ogilvy Government Relations, about staffers seeking advice on how to navigate the job market (Roll Call, 9/14/2010)

“Once he’s done with his house arrest, he may decide to speak out about the lobbying industry… He’d be credible if he takes responsibility for what he did, which he has, and exposes the hypocrisy he was a part of.” Kevin Spacey on Jack Abramoff (LA Times, 9/14/2010)