Tuesday, September 2, 2014
Breaux hired to lobby for a Russian bank against sanctions imposed by President
WASHINGTON -- Former Sens. John Breaux, D-La., and Trent Lott, R-Miss., have been hired to lobby for a Russian bank against sanctions imposed by President Barak Obama over that nation's military intervention in Ukraine.
The hiring of Breaux and Lott by Gasprombank was disclosed in a lobbying disclosure form filed Friday with the Senate. The information was first revealed by the Center on Public Integrity, which monitors lobbying disclosure reports.
Breaux, who represented Louisiana in the Senate from 1987-2005 and is senior counsel for Squire Patton Boggs. Neither Breaux nor a spokesman for Squire Patton Boggs responded to a request for comment Tuesday.
Breaux, a former chief majority whip for Democrats in the Senate, while Lott, the Senate's former majority leader, began lucrative lobbying careers after leaving Congress. They formed their own lobbying firm, and later joined Patton-Boggs.
Gasprombank is a Russian bank that is among the businesses targeted by Obama administration sanctions for the Russian intervention in the Ukraine. It is controlled by Russia's state-owned energy company, Gasprom.
The disclosure form filed by Squire Patton Boggs said that Breaux and Lott would represent the bank on "banking laws and regulations including applicable sanctions."
The disclosure form doesn't say how much the lobbying firm is being paid for its efforts on behalf of the Russian bank.