Six Months After Leaving Office, Most US Senators Already Land Corporate Boards or Lobby Gigs

Six Months After Leaving Office, Most US Senators Already Land Corporate Boards or Lobby Gigs

Six Months After Leaving Office, Most US Senators Already Land Corporate Boards or Lobby Gigs

The revolving door swings quickly for the US Senate: over half of the last retiring class have already joined a corporate board or taken a K Street–related job.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

For the last class of US senators to leave office, through retirement or losing their seats in an election, the majority have already cashed by taking lucrative positions on corporate boards or at lobbying-related firms. Senate ethics rules prohibit ex-senators from lobbying their former colleagues or staff members for two years. But that hasn’t prevented many from joining companies where they can advise their business clients on how to win political, policy or regulatory campaigns.

Here’s a run-down of the recent swings through the revolving door:

• Senator Kay Bailey Hutchison (R-TX) joined law-lobbying firm Bracewell & Giuliani shortly after retiring, where she said she will “focus on advising clients on the regulatory process, legislative attitudes and the likelihood of government action.” Earlier this month, she joined the advisory board of corporate PR powerhouse Fleishman-Hillard where she will “provide direct counsel on a wide range of issues that are important to clients.” Fleishman-Hillard’s clients include the government of Singapore and NSA contractor Booz Allen Hamilton. She is also on Bank of America’s Global Advisory Council.

• Senator Jon Kyl (R-AZ) joined the law-lobbying firm Covington & Burling shortly after retiring in January. Some of Covington’s largest lobbying clients include Qualcomm Inc., Chiquita Brands International and Microsoft.

• Senator Joe Liberman (I-CT) joined the law firm Kasowitz, Benson, Torres & Friedman help advise clients on public policy and regulatory issues.

• Senator Scott Brown (R-MA) joined the law-lobbying firm of Nixon-Peabody to work on “business and governmental affairs as they relate to the financial services industry as well as on commercial real estate matters.” He is now on the board of Kadant Inc., a pulp and paper company.

• Senator Ben Nelson (D-NE) became the CEO of the National Association of Insurance Commissioners, a trade association that coordinates efforts among state insurance regulators. Earlier this year, he joined the public affairs firm Agenda as well.

Several have also joined corporate boards in recent months. Senator Olympia Snowe (R-ME) joined the board of T. Rowe Price last week, where she is estimated to earn between $238,923 and $309,618. Senator Kent Conrad (D-ND) joined the board of Genworth Financial, a life insurance company.

In addition, Senator Jim DeMint (R-SC), who retired shortly after the 2012 elections, has an advocacy job with the Heritage Foundation that pays over $1 million a year. Senator Jim Webb (D-VA), who left the Senate after one term, is now a consultant.

For now, the exceptions to the list include Senators Jeff Bingaman (D-NM), Daniel Akaka (D-HI), Richard Lugar (R-IN), and Herb Kohl (D-WI), all of whom have gone into academia or less self-enriching forms of retirement.

As I’ve reported before, disclosed salary listings show lawmakers who go to take lobbying jobs can earn several millions dollars. The greatest danger here is that members of Congress make decisions while in office—like weakening regulations or preserving corporate tax loopholes—in anticipation that their official actions will earn them more money on K Street or a corporate board when they retire.

Disobey authoritarians, support The Nation

Over the past year you’ve read Nation writers like Elie Mystal, Kaveh Akbar, John Nichols, Joan Walsh, Bryce Covert, Dave Zirin, Jeet Heer, Michael T. Klare, Katha Pollitt, Amy Littlefield, Gregg Gonsalves, and Sasha Abramsky take on the Trump family’s corruption, set the record straight about Robert F. Kennedy Jr.’s catastrophic Make America Healthy Again movement, survey the fallout and human cost of the DOGE wrecking ball, anticipate the Supreme Court’s dangerous antidemocratic rulings, and amplify successful tactics of resistance on the streets and in Congress.

We publish these stories because when members of our communities are being abducted, household debt is climbing, and AI data centers are causing water and electricity shortages, we have a duty as journalists to do all we can to inform the public.

In 2026, our aim is to do more than ever before—but we need your support to make that happen. 

Through December 31, a generous donor will match all donations up to $75,000. That means that your contribution will be doubled, dollar for dollar. If we hit the full match, we’ll be starting 2026 with $150,000 to invest in the stories that impact real people’s lives—the kinds of stories that billionaire-owned, corporate-backed outlets aren’t covering. 

With your support, our team will publish major stories that the president and his allies won’t want you to read. We’ll cover the emerging military-tech industrial complex and matters of war, peace, and surveillance, as well as the affordability crisis, hunger, housing, healthcare, the environment, attacks on reproductive rights, and much more. At the same time, we’ll imagine alternatives to Trumpian rule and uplift efforts to create a better world, here and now. 

While your gift has twice the impact, I’m asking you to support The Nation with a donation today. You’ll empower the journalists, editors, and fact-checkers best equipped to hold this authoritarian administration to account. 

I hope you won’t miss this moment—donate to The Nation today.

Onward,

Katrina vanden Heuvel 

Editor and publisher, The Nation

Ad Policy
x