Lobbying Developments: Carlyle Group Engages Tax Bill Architect
Carlyle Group's Lobbying Strategy
The Carlyle Group, one of the world's largest private equity firms, has engaged Tax Baker & Hostetler LLP to lobby for specific tax policies. This includes significant provisions from the 2017 Tax Cuts and Jobs Act, which are set to expire in 2025.
Key Lobbyist Involved
The lobbying efforts are spearheaded by former Rep. Peter Roskam, who played a pivotal role as a "chief architect" of the 2017 tax bill.
Other Corporate Lobbying Activities
- Novo Nordisk is enhancing its lobbying, allocating record amounts to advocate for their viral weight loss drug.
- Verizon has hired Neale Creek LLC for a general company overview engagement.
- BlackRock has contracted Empire Consulting Group to lobby on a wide range of financial services issues.
Conclusion
These developments underscore a growing trend in corporate lobbying, with firms investing heavily to influence policy outcomes that affect their industries.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.