John Boehner Cashes In Big Lobbying for China

John Boehner Cashes In Big Lobbying for China

Yes, it’s completely understandable that you’ve been losing sleep at night, worrying about just what in the heck will John Boehner do, now that he’s no longer on the government dole. He’s probably drowning in a sea of whisky and smoking his head of now that he’s no longer raking in that fat congressional salary. Well worry no more!

He’s now taking all that experience and network and he’s … wait for it … working a lobbyist for CHINA! lays it all out for you.

Boehner is joining Squire Patton Boggs, a lobbying firm that peddles its considerable influence on behalf of a number of foreign nations, including most notably the People’s Republic of China. Serving Beijing is somewhat appropriate: Boehner has long been a supporter of unfettered trade, helping to lead the effort to grant Most Favored Nation status to China. Squire Patton Boggs also represents a long list of corporate clients, including AT&T,, Goldman Sachs & Co., Royal Dutch Shell, and the Managed Funds Association, a trade group for the largest hedge funds in the country.

Boehner is signing onto Squire Patton Boggs “as a strategic advisor to clients in the U.S. and abroad, and will focus on global business development.”

The news comes just a week after the announcement that Boehner will be joining the board of Reynolds American, the tobacco company responsible for brands such as Camel and Newport cigarettes. The tobacco board seat will likely earn Boehner over $400,000 a year in stock and cash. The Squire Patton Boggs salary has not been disclosed, but lawmakers of Boehner’s stature have easily obtained salaries at similar gigs in the seven-figure range.

And did you know this?

Boehner’s closeness with the lobbying industry was a big part of how he moved up the leadership ladder within the GOP. For years, he convened a “Thursday Group” to huddle with representatives of the largest corporations in America to discuss strategy and to fundraise for his party.

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