Russian Bank Hires Former U.S. Senators to Fight Sanctions
Trent Lott and John Breaux represent Gazprombank
A Russian bank hit with sanctions by President Obama has hired two former senators to lobby against the punishment in Washington.
Former Senate Republican leader Trent Lott and John Breaux, a Democrat, have been named the main lobbyists for Gazprombank in registration forms reported by the Center for Public Integrity. They have been a powerhouse duo on K Street for years.
The United States in July increased sanctions against Russia over increased tensions in Ukraine by targeting banks, energy and defense companies, and individuals with close ties to Russian President Vladimir Putin. Gazprombank is Russia's third-largest bank and the finance arm of Russia's largest natural gas company.
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post comments
So corrupt politicians seek out corrupt politicians to corrupt politicians. Who would have guessed?