At least six lobbying firms that previously represented now-sanctioned Russian banks and companies tied to a Russian natural gas pipeline terminated their contracts or representation this week, according to statements and federal lobbying disclosures
Now, in the wake of the Russian invasion and new sanctions announced by President Joe Biden, many of those lobbying firms are rushing to cut ties and drop their lucrative contracts.. The exodus marks the rupture of a Moscow-to-K-Street conduit that has long employed former federal officials and members of Congress of both parties, experts said. "For anybody that's representing a Russian entity in Washington, DC, it's an uphill climb ...
Their firm, Mercury Public Affairs, signed a $90,000-per-month contract with Sovcombank in January, and Vitter lobbied against the bank's inclusion in sanctions legislation being debated on Capitol Hill, federal filings show.Sovcombank"would be an extremely counterproductive sanctions target" due to its"deep ties to US and western institutions," Vitter wrote in one message disclosed by Mercury in a Justice Department filing.
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