Word: lobbyists
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...President's immediate family and staff, Betsey Wright is probably Bill Clinton's most passionate defender. As a top aide in Arkansas and on the campaign trail, she was the chief squelcher of controversy and scandal. But now her peculiar combination of roles -- confidant, hatchet woman and business lobbyist -- is proving to be a potential hazard for the Administration. Just last week Wright had to disavow a New Yorker article that quoted her suggesting that Hillary Rodham Clinton had plans to run for the presidency. While most people in Washington know enough to take some of her statements with...
...close ties to Clinton have paid off handsomely. Veteran Washington lobbyist Anne Wexler hired Wright to represent such clients as ARCO and the American Forest and Paper Association. In one case, Wright reportedly lobbied Clinton on behalf of the paper group while sharing popcorn and watching a basketball game with him in the White House...
...sign an affidavit saying the President had never offered jobs in return for silence about his alleged trysts as Governor. Wright is also a prime source for reporters looking for dirt on Clinton's pesky accusers. But her expertise in Clinton arcana is costing her too. Friends say her lobbyist's salary won't cover the hefty legal fees already incurred complying with an expected subpoena from Whitewater prosecutor Robert Fiske...
...that hardly kept Greenspan from having to marshal his political cunning to defend himself against the Treasury's bid for a banking superagency. He deployed a full-time lobbyist, dropped in on members of Congress to attack the plan, and dispatched senior Fed officials to spread the word among important bankers that the Treasury plan was ill-advised. Among other things, the emissaries reminded bankers that the Fed had handed out loans to keep floundering financial institutions afloat in the late 1980s. And the banks needed no reminders that the Fed can deny them permission for acquisitions and ( mergers. Meanwhile...
Barrett counterattacked by pointing out that Bachrach, who left the Senate to become a Beacon Hill lobbyist, had "abandoned the ideals [he] originally stood up for in the Senate...