Crypto Trading Group Hires Brownstein


With Daniel Lippman

BROWNSTEIN 5 SIGNS: Amid this month’s bickering over the cryptocurrency reporting provisions in the bipartisan Senate infrastructure bill, one of the industry’s most recent trade groups has appealed to using one of K Street’s highest paying lobby stores, new disclosures shared with PI show. Brownstein Hyatt Farber Schreck is the first lobbying hiring by the group, the Crypto Consulting for Innovation, which was formed in April by the crypto exchange Coinbase, Loyalty, Square and Paradigm.

– The team of lobbyists retained by the trade group to help fight regulatory headwinds in Washington includes Marc Lampkin, the general manager of Brownstein’s DC office; Norman Brownstein; Travis Norton, a former Senate bank and Tim scott (RS.C.) help; Al Mottur, a former Senate commercial assistant; Brian McGuire, former Treasury official and Mitch mcconnell staff member ; and Elizabeth maier, an old Jon kyl staff member, as disclosed.

– The Crypto Council “came to us because we have a great team with great relationships on both sides of the Senate aisle, and it was a bipartisan issue that required quick, smart and swift interaction,” said a Brownstein spokesperson told PI. The provision at issue now looks likely to remain in the bill, but the company believes there will be potential legislative vehicles this fall in which clarifying language to guide the making of Treasury rules could be inserted.

– Brownstein also signed one of its first defense contractors, BAE systems, to put pressure on the Pentagon’s credits and policies. This team includes Ed Royce, the former chairman of the Foreign Affairs Committee of the House of Representatives, as well as Sean callahan, a former senior colleague of the senator. Mazie hirono (D-Hawaii); Nadeam elshami, a former assistant to the President Nancy Pelosi; and Samantha Carl Yoder, an alumnus of the State Department. TY Lin International, an international engineering company; Township of Woodlands, a municipality in Texas; and digital learning platform Amplio also retained Brownstein’s services over the past month.

Good afternoon and welcome to PI. Send tips on K Street: [email protected]. And don’t forget to follow me on Twitter: @caitlinoprysko.

RESTAURANTS REITERATE EMERGENCY FOR FURTHER HELP: The foodservice industry’s leading trade association continued to sound the alarm bells about the effects of the coronavirus resurgence on the industry today, as restaurants push for another injection of money to be included in the Democrats’ $ 3.5 trillion reconciliation bill.

– The increase in new Covid infections induced by the delta variant has resulted in changes in the “culinary behavior of restaurant enthusiasts in a way that is starting to put acute pressure on the restaurant industry”. Sean Kennedy, the National Association of Restaurateursprincipal lobbyist of, wrote in a letter to Pelosi, Senate Majority Leader McConnell Chuck schumer and House Minority Leader Kevin mccarthy, citing a new consumer survey conducted by the trade group. The letter was also signed by more than four dozen state and local restaurant associations.

– According to the survey, Kennedy wrote, one in five adults has stopped dining, while 9% have canceled plans to do so in recent weeks. “For an industry that needs a packed house every night to make a profit, this is a dangerous trend,” Kennedy wrote. In addition to more hesitant diners, the industry is grappling with labor shortages, rising food costs and sustained debt throughout the pandemic.

– The trade group urged lawmakers to replenish the Small Business Administration Restaurant Revitalization Fund established earlier this year. The grants program ran out of money this summer with 177,000 applications, or about two-thirds of the total, still pending, according to Kennedy, who warned that “the small gains our industry has made in safety financial risk of being wiped out.

VERIFY COMMITMENTS IN THE MATTER OF RACIAL JUSTICE OF COMPANIES: “More than a year after leading U.S. companies assured employees and consumers they would measure up, a Washington post analysis of companies’ unprecedented commitments to racial justice causes reveals the limits of their power to remedy structural problems ”, Tracy Jan, Jena McGregor and Meghan Hoyer write.

– Of the 50 largest public companies evaluated by the newspaper, so far 37 “have confirmed having disbursed at least 1.7 billion dollars of the 49.5 billion dollars promised. Seven of the companies that provided data on their racial justice commitments declined to say how much they had already spent. The analysis shows that state-owned enterprises devote the most resources to promoting the upward economic mobility of blacks, through increased opportunities for homeownership, entrepreneurship and education.

STOP US IF YOU HAVE HEARD THIS BEFORE: Yet another lobbyist with close ties to the former president Donald trump is investigated for possible undisclosed foreign lobbying, The Wall Street Journal‘s Byron Tau, Aruna Viswanatha and Julie bykowicz report. This time it’s Barry bennett, formerly of Avenue strategies and a former presidential campaign manager at Ben carson and Trump’s unpaid campaign adviser, allegedly on behalf of his former client, the Embassy of Qatar.

– “Prosecutors presented evidence to a grand jury alleging that Mr. Bennett created and funded a political group called Crisis watch in Yemen, according to people familiar with the matter, as a way to embarrass Saudi Arabia and the United Arab Emirates, which at the time were embroiled in a military campaign against Houthi rebels in Yemen. This war has since claimed thousands of lives and fueled what the United Nations described in 2019 as the world’s worst humanitarian crisis. “

– The group “never registered with the US government, as it would have been required to do under the Foreign Agent Registration Act if it represented foreign interests.” Mr Bennett did not report that he created and funded the organization, according to a review of FARA files. Qatar donated $ 250,000 to Avenue Strategies in October 2017, intended for “aid in the relief of humanitarian suffering in Yemen,” according to a lobbying document. The same year, an evangelical pastor and former lieutenant governor of Kansas. Jeff Colyer took up the group’s cause, placing editorials and attending congressional briefings, after which Avenue contributed to Colyer’s governorship campaign.

THE HOUSE RULES PANEL TAKES CRYPTO A SNAP IN THIS TURN: “On Tuesday, House Democrats were set to block attempts to cut digital currency tax rules built into the president Joe bidenthe infrastructure plan, in a further setback for crypto industry advocates fighting the proposal, ” POLITICS‘s Kellie Mejdrich reports.

– “The House Rules Committee, which drafts the terms of debate for bills under consideration, agreed to a process that would prohibit consideration of any amendment to the infrastructure bill. The Plenary Assembly was expected to vote to lock the proceedings on Tuesday afternoon, ”closing the door to changes that could have included changing the language of new reporting requirements for the industry as its advocates, including sympathetic lawmakers from both parties, have called it too broad and potentially stifling for the rapidly growing sector.

– “Crypto industry groups are now considering other legislative vehicles to revise the policy, after being blinded by its inclusion in the infrastructure bill. One possibility is the Democrats’ $ 3.5 trillion budget, said Michelle bond, CEO of Association for Digital Asset Markets. “The industry’s biggest test will be in efforts to forge positive relationships in Washington,” Bond said.

Patrick martin was promoted to Managing Director, the shareholder equivalent of lobbyists, to Cozen O’Connor’s Public Strategies.

Jesús Alvarado-Rivera joined Anheuser-Busch InBev as Global Director of Antitrust. Alvarado-Rivera was previously Attorney General in the Antitrust Division of the Department of Justice.

Jeanine Poltronieri joined the Internet Association as General Counsel and Senior Vice President of Legal and Political Affairs. Most recently, she was Assistant Vice President of Federal Regulation at AT&T and is a Motorola and FCC alum.

Tkeyah Lake joined CTIA as chief digital officer, according to Morning Tech. She was previously at Betty & smith and Public Affairs Banner.

Annalize Davis is now director of public affairs for SKDK. She was previously Senior Communications Advisor for the House Majority Leader Steny Hoyer.

Gregory Michaelidis is now a senior advisor at Cambridge Global Advisors. Most recently, he was the Strategic Communications Team Leader for the Public Sector at MITER, and is a DHS alumnus.


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