Speaker Paul Ryan, After Passing Regulatory Rollback, Parties With Lobbyists at Fundraiser
JUST HOURS AFTER passing the very first bill of the new Congress on Wednesday — one designed to roll back a range of environmental and consumer regulations — House Speaker Paul Ryan, R-Wisc., celebrated with a corporate lobbying firm at a fundraiser for his campaign committee.
The vote on the Midnight Rules Relief Act of 2017 took place at 4:48 p.m. on Wednesday. The fundraiser, at the offices of the BGR Group, a major lobbying firm, started at 7 p.m.
The bill would amend existing law to allow Congress to repeal en masse multiple regulations finalized since the end of May last year.
The law is believed to be aimed at rolling back a rule designed to deter mining companies from polluting drinking water sources, rules designed to curb hazardous methane emissions from fracking sites, and a rule that extends the threshold for overtime pay to workers, among others.
BGR Group represents Chevron, Celgene Corp, the Consumer Technology Association, Eli Lilly & Co., Gilead Sciences, Johnson & Johnson, Raytheon, Southern Company, and Xerox, among many other clients, and has helped a number of clients work on regulatory policy.
The high-dollar event had a $10,000 price tag for each sponsor of the event, $2,500 for each political action committee, and $1,500 per individual, according to an invitation obtained by the Center for Media and Democracy and shared with The Intercept.
Bridget Gribbin, a fundraiser for Speaker Ryan who helped organize the event, declined to comment, but a representative of the BGR Group confirmed that Ryan attended.