Cassidy & Associates
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Cassidy & Associates is a government-relations firm based in Washington, D.C. In 2018, the company received $14,170,000 in income from various companies for lobbying of the United States government.[1] According to The Washington Post its founder, Gerald Cassidy, was once worth $125 million, possibly the richest Washington lobbyist.[2] In 1999 and 2000, Cassidy & Associates led all lobbying firms in reported income.[3]
History[edit]
In 2004, Cassidy & Associates began representing Equatorial Guinean president Teodoro Obiang, labeled "one of Africa's most notorious dictators," according to Mother Jones magazine.[4] According to the U.S. Department of Justice, Obiang paid Cassidy & Associates at least $120,000 per month.[4] Mother Jones described the firm as almost "a shadow foreign ministry" for Equatorial Guinea.[4]
In 2007, The Washington Post reported, "Cassidy helped invent the new Washington" and had become the "creator and proprietor of the most lucrative lobbying firm in Washington."[2]
Kai Anderson, former deputy chief of staff to the U.S. Senate Majority Leader Harry Reid, serves as the firm's chief executive officer, and Barry Rhoads, former deputy general counsel to the 1991 Department of Defense Base Realignment and Closure Commission (BRAC), serves as its chairman.[5]
In 2015, the firm's founder and namesake, Gerald S. J. Cassidy, stepped down after 38 years of leading the firm.[6]
The firm reported earning $12.85 million in 2015, according to records filed under the Lobbying Disclosure Act (LDA) with the Secretary of the U.S. Senate and Clerk of the U.S. House of Representatives.[citation needed]
In 2017, the Associated Press reported that the firm had been hired by Egyptian intelligence services.[citation needed] In late February, the U.S. State Department cataloged human rights abuses in Egypt in its annual report. The Egyptian government hired Cassidy & Associates and Weber Shandwick, the firm's parent company, to improve Egypt's image in the United States.
In June 2017, Cassidy announced a management buyout from The Interpublic Group (IPG), returning it to an independent firm.[7]
References[edit]
- ^ "Lobbying Spending Database-Cassidy & Assoc, 2018 | OpenSecrets". www.opensecrets.org. Retrieved 2019-03-21.
- ^ a b "Introduction | Citizen K Street | washingtonpost.com". voices.washingtonpost.com. Retrieved 2019-03-21.
- ^ "Cassidy and Associates | OpenSecrets". www.opensecrets.org. Retrieved 2019-03-21.
- ^ a b c Kurlantzick, Joshua. "Putting Lipstick On A Dictator". Mother Jones. Retrieved 2019-03-21.
- ^ "Cassidy's new co-chairmen talk about their plans". Washington Post.
- ^ "Cassidys New Co Chairmen talk about their plans". Washington Post.
- ^ Wilson, Megan R. (21 June 2017). "Cassidy & Associates to become independent from parent company".