Ka-ching! It’s Senate Minority Whip Trent Lott’s turn to trade in his U.S. Capitol pin for cold hard cash on K Street.
The Mississippi Republican announced his resignation plans on Monday and, according to people close to him, the senator is kicking around a couple of private-sector options.
A near-certain scenario has him teaming up with his son, lobbyist Chester Lott, founder of Lott & Associates. Another, still fluid, idea is partnering with former Louisiana Democratic Sen. John Breaux, who is said to be mulling a departure from the lobbying powerhouse Patton Boggs. Breaux did not return calls for comment.
Of a Lott-Breaux partnership, one lobbyist quipped: “The only real question would be whether they would hire Brinks to bring in the money every day.”
Another one bites the dust, Youtube video.