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Castagnetti decamps for Dentons

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Nov 07, 2022 View in browser
 
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By Caitlin Oprysko

With Daniel Lippman

DENTONS SNAGS CASTAGNETTI: David Castagnetti has left Mehlman Castagnetti Rosen & Thomas, the top K Street firm he helped found in nearly two decades ago, to join Dentons Global Advisors as a partner. Castagnetti, who previously was a partner at the firm, announced last April that he would be stepping down from his leadership and managerial roles with the firm, but staying on as a senior adviser, as he focused on a "new chapter in my professional life."

— He drastically scaled back his lobbying work earlier this year, reporting activity only on behalf of Texas Instruments last quarter, according to disclosures. Previously, he lobbied on behalf of corporate giants like Boeing, the Business Roundtable, Procter & Gamble, HP, Chevron and Walmart.

— "Organizations and multinational corporations are increasingly confronting global challenges. The opportunity to join Dentons Global Advisors is really a unique opportunity to work at a premier global firm on broad-based public affairs and business issues," Castagnetti told PI in an email. "This is also allowing me to roll-up my sleeves again and help a firm in its early stages of growth. It's really an incredible opportunity." He did not say whether any clients will be following him to the new firm.

— He's the latest big hire by DGA, an offshoot of the law firm Dentons that also comprises the Biden-connected consultancy Albright Stonebridge Group. DGA last month hired away John Merrigan, who co-chaired DLA Piper's federal law and policy group, Mac Bernstein, another 20-year DLA Piper veteran, and two others from the firm.

Good afternoon and welcome to PI. One more sleep 'til Election Day. Breathe in through the nose, out through the mouth. Then send K Street gossip: coprysko@politico.com . And be sure to follow me on Twitter: @caitlinoprysko .

 

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GOFUNDME ADDS A REPUBLICAN: Online crowdfunding platform GoFundMe has added a Republican staffer to its public affairs operation ahead of the midterms, and following harsh scrutiny from conservatives earlier this year. Jalen Drummond , a former White House comms staffer during the Trump administration, is joining the platform as director of public affairs.

— The hire comes as Republicans appear poised to win back control of at least one chamber of Congress in tomorrow's elections. The party has vowed to address perceived censorship of conservatives on tech platforms, and GoFundMe became the latest company to find itself the target of such allegations earlier this year, when it shut down fundraising for the so-called Freedom Convoy of truckers protesting vaccine mandates.

— The protests crippled Canada's capital for weeks and choked off a critical trade corridor along the northern U.S. border, and were largely funded through GoFundMe before the platform cut the convoy off, eliciting rage from politicians on the right.

— Sen. Ted Cruz (R-Texas) blasted GoFundMe for initially declining to automatically refund donors' money, and demanded the FTC open an investigation of the incident. Several other Republican state officials pledged to look into the company's trade practices as well, including Florida Gov. Ron DeSantis and Texas Attorney General Ken Paxton.

— In August, GoFundMe hired its first federal lobbyists, a team at Kountoupes Denham Carr & Reid that includes David Peluso, the former chief of staff to Rep. Cathy McMorris Rodgers (R-Wash.) — likely the next chair of the powerful Energy & Commerce Committee — as well as Adam Hechavarria, a former aide to Sen. Todd Young (R-Ind.).

JUST GETTING STARTED: "The $1.2 trillion infrastructure law has kicked off a lobbying scramble by states, municipalities and industries seeking a slice of one of Washington's biggest cash bonanzas in a generation," POLITICO's Alex Daugherty and John Hendel report.

— "State and local governments are on pace to spend more than $103 million on federal lobbyists this year, according to the watchdog group OpenSecrets — the most since former President Barack Obama 's 2009 economic stimulus became law."

— "Other lobbying frenzies will take place in the states, which will receive the bulk of the infrastructure money based on formulas that Congress set years ago. That money will total $60 billion for the coming fiscal year, prompting states like Kansas to try to triage which of their thousands of bridges are worth replacing or repairing."

— "'The last time you got a historic shift like this time was roughly 30 years ago,' said Rodney Slater , who was U.S. transportation secretary during the Clinton administration and is now a partner at the lobbying firm Squire Patton Boggs. Slater was referring to a 1998 law that authorized $217 billion for infrastructure investments and laid out much of the current funding structure for the Department of Transportation and its programs."

— "Because key decisions on the infrastructure spending are still years away, some governments have had to get creative to get money sooner rather than later," while lobbying is only expected to intensify "once businesses and governments can start applying for bigger chunks of infrastructure money."

— There's also the tens of billions of dollars in funding "to expand internet connectivity and foster digital equity, topics that have created their own waves of intense lobbying over the last year. Telecom giants, rural internet providers and advocacy groups are all clamoring to help shape the broadband rollout — though states will decide much of what that looks like over the coming year or so."

WHAT'S ON A GOP MEGADONOR'S MIND: As the shadow primary for the 2024 GOP presidential nomination begins kicking into gear, Citadel CEO Ken Griffin — the party's second biggest donor this cycle — is ready to open his wallet for one potential White House aspirant in particular, Griffin told our Shia Kapos: Florida Gov. Ron DeSantis.

— "'I don't know what he's going to do. It's a huge personal decision,' he said of DeSantis. 'He has a tremendous record as governor of Florida, and our country would be well-served by him as president.'"

— As for the party's de facto leader and most recent White House occupant, "Griffin liked his fiscal policies while in the White House, but his only financial support to Trump came in donating $100,000 to his inaugural committee. 'He did a lot of things really well and missed the mark on some important areas,' Griffin said. 'And for a litany of reasons, I think it's time to move on to the next generation.'"

— Griffin also "wants to improve the diversity of the GOP and blunt the vein of populism that has complicated the party's relationship with the corporate world — two things he's consulted with House Minority Leader Kevin McCarthy about."

HOUSING INDUSTRY PRESSES WASHINGTON FOR A BOOST: "Lobbyists are scrambling to get help from Washington to goose the housing market as demand tanks in response to rising interest rates and high prices," our Katy O'Donnell reports.

— "Groups representing builders, realtors and lenders are urging Congress and the White House to intervene to spur more home construction and boost affordability. It's an increasingly urgent plea, with mortgage demand down more than 40 percent from a year ago and rates topping 7 percent for the first time in two decades."

— "Advocates are leaning on lawmakers to act before the end of the year, warning of gridlock with Republicans poised to win back at least one chamber of Congress in the midterms. The campaign is getting traction in the Biden administration. Officials at the White House, Treasury Department and HUD are urging lawmakers to move."

Jobs Report

— Dan Curran and Caroline Hegeman are joining McKinsey & Company as directors of public affairs. Curran was most recently senior director of public affairs and advocacy communications at Boeing and Hegeman most recently was the deputy head of state policy and government relations at Deloitte.

New Joint Fundraisers

Oklahoma Strong (Sen. James Lankford, Rep. Markwayne Mullin, Leadership and Accountability Are National Keys PAC, Boots Political Action Committee)

New PACs

Committee to Elect Dan Forest (PAC)
Common Sense New Yorkers Inc. (Super PAC)
For The People By The People PAC (Super PAC)

New Lobbying Registrations

Iperionx Critical Minerals LLC: Iperionx Critical Minerals LLC
O'Brien, Gentry & Scott, LLC: Conflict Kinetics
Pillsbury Winthrop Shaw Pittman LLP: Standard General L.P.
Shionogi Inc.: Shionogi Inc.
Springer Nature America Inc: Springer Nature America Inc
Van Scoyoc Associates: Cspi Action Fund

New Lobbying Terminations

Birch, Horton, Bittner & Cherot: Atn International
Miller Strategies, LLC: Amazon Web Services, Inc.
Mr. Mark Kopec: Hudson Sustainable Group, LLC
National Fed Of Federal Employees: National Fed Of Federal Employees
Steve Lenkart: National Federation Of Federal Employees

 

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