The influence industry has seen a mixture of dramatic surges, incremental growth, and stagnation over the last decade, Bloomberg Government’s new examination of lobbying data shows.
The largest change was for a firm that began with a single lobbyist: Heather Podesta.
Podesta, a former staffer for Democratic Reps. Robert Matsui (Calif.) and Earl Pomeroy (N.D.), and for Sen. Bill Bradley (N.J.) founded her then-eponymous firm in 2007. It was later rebranded as Invariant.
In Lobbying Disclosure Act filings, Invariant reported $42.3 million in revenue for congressional advocacy in 2024, up from $7.4 million in 2014.
That gain in lobbying receipts ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.