Congressional lobbying ban proposal

Lobbying expenditures reported to Congress will increase 5-8% within 180 days of ban proposal announcement as firms accelerate hiring and activity before potential implementation deadline

Government relations consulting revenue for firms like Buchanan Ingersoll Rooney and Capitol Counsel will decline 15-20% in Q3 2024 if lobbying ban legislation passes both chambers and is signed into law

A congressional lobbying ban proposal will negatively impact stock prices of major lobbying firms (K&L Gates, Brownstein Hyster, DLA Piper) by 8-12% within 90 days of formal bill introduction in committee