Lobbyist Jeff Ricchetti, the brother of President BidenJoe BidenDeputy AG: DOJ investigating fake Trump electors On The Money — Vaccine-or-test mandate for businesses nixed Warner tests positive for breakthrough COVID-19 case MORE’s counselor Steve RicchettiSteve RicchettiBiden seeks to save what he can from Build Back Better Wicker: Biden comments on Ukraine caused 'distress' for both parties Bottom line MORE, lobbied the Executive Office of the President (EOP) for health care clients during the first quarter of the year.
Lobbying Disclosure Act (LDA) reports showed that Ricchetti lobbied the EOP, as well as the Department of Health and Human Services, between January and March. He also lobbied other agencies and the House and Senate.
Ricchetti, through his firm Ricchetti Incorporated, was registered to lobby EOP for Vaxart Inc., Glaxosmithkline, Inc., and Horizon Therapeutics USA, Inc.
Vaxart, a biotechnology company focused on oral vaccines, hired Ricchetti to lobby for policies on “oral vaccine development and funding,” according to disclosures. It paid Ricchetti $80,000 for the first quarter of 2021.
Pharmaceutical giant GlaxoSmithKline hired him for “issues related to drug pricing and Medicare and Medicaid reimbursement,” as well as COVID-19 antibody treatment approval. It paid Ricchetti $60,000.
And, Horizon Therapeutics, a pharmaceutical company focused on medicines for rare diseases, hired him for drug pricing, manufacturing of thyroid eye disease, and general pharmaceutical industry issues. It paid Ricchetti $80,000.
Ricchetti Incorporated overall made $820,000 for the first quarter of 2021, which is about five times more than he earned in the first quarter of 2020, the Center for Responsive Politics reported.
Richetti also lobbied EOP for natural gas company, TC Energy Corporation, on “legislative issues affecting energy infrastructure,” renewable electricity policy, and alternative fuel sources, according to disclosures.
Ricchetti told CNBC in a statement that he has not lobbied his brother.
“I do not lobby my brother and I have not even mentioned to him the names of clients that I currently represent,” he said on Wednesday. “For the better part of the last 30 years I have lobbied m embers of Congress and their staff, and various individuals who have served in the successive Administrations. It is what I do for a living.”
Ricchetti also lobbied other agencies so far this year.
He has one client whose interests are at odds with the White House.
Ricchetti was registered to lobby the Treasury Department, the House, and the Senate for Finseca, the trade group for financial security professionals. He was hired to work on the PRO Act, which the group opposes.
The PRO Act is Democrats’ sweeping pro-union legislation that passed the House and Biden has called for the Senate to pass it. Finseca is part of a coalition that considers the bill disruptive to consumer access to financial services, according to its website.
Ricchetti was also registered the lobby the Department of Commerce, the House, and the Senate for General Motors on “issues related to infrastructure legislation that affects the automobile industry, including tax incentives for electric vehicles and charging stations,” as well as climate and supply chain issues.
Amazon hired Ricchetti to lobby for minimum wage legislation, regulation of online marketplaces issues, privacy issues, and “logistics of COVID-19 response and vaccine delivery,” but he was only registered the lobby the House and Senate.
Ricchetti Inc., was originally co-founded by Jeff and Steve Ricchetti. Steve has not been registered to lobby since before the Obama administration.