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Tobacco companies tighten hold on Washington under Trump
Key Excerpts from Article on Website of The Guardian (One of the UK's leading newspapers)
Posted: July 30th, 2017
https://www.theguardian.com/world/2017/jul/13/tobacco-indust...
Tobacco companies have moved swiftly to strengthen their grip on Washington politics. Day one of Donald Trumps presidency started with tobacco donations, senior figures have been put in place within the Trump administration who have deep ties to tobacco, and lobbying activity has increased significantly. Americas largest cigarette manufacturers, Reynolds American and Altria Group, donated $1.5m to help the new president celebrate his inauguration. The donations allowed executives to dine and mingle with top administration officials and their families. In the first quarter of 2017, tobacco companies and trade associations spent $4.7m lobbying federal officials. Altria, the company behind Marlboro, hired 17 lobbying firms. Reynolds, makers of the Camel brand, hired 13. Politicians and officials with deep ties to the tobacco industry now head the US health department, the top attorneys office and the Senate. Agencies in charge of reviewing large mergers let a window slip by in which they might have requested information about a $49bn merger between Reynolds and British American Tobacco (BAT). That merger ... will make BAT the biggest listed tobacco company in the world, and puts proceeds from eight out of 10 cigarettes sold in the US into the pockets of two companies: Altria and BAT. Trump himself ... has revealed that he had investments in tobacco companies, including Philip Morris International, its American spinoff Altria Group, and Reynolds American Inc..
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.
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