These Ex-Congressmen Didn’t Even Have To Leave DC For Their New Jobs. Here’s Why | The Daily Caller:
Roughly 60% of recently defeated or retired members of Congress went straight to lobbying firms and other gigs with political influence, according to a report by left-leaning advocacy group Public Citizen published Thursday.
The report examined members of the 115th Congress taking part in the so-called “revolving door of K Street” — lawmakers using their connections to join lobbying firms once they are out of office. Law mandates ex-House members must wait a year to lobby their former colleagues, while ex-senators must wait two. While there is a waiting period for congressmen, “they often engage in so-called shadow lobbying, participating in activities that might be considered lobbying but declining to register under the Lobbying Disclosure Act (LDA),” according to Open Secrets.
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