Top official: Lott to resign — Sen. Trent Lott (R-Miss.) plans to resign his seat by year's end, a senior Republican official told Politico. — The announcement took Capitol Hill by surprise because Lott, the former majority leader, seemed to be relishing his job as minority whip, the second-ranking GOP leadership job.
Yup, Lott is gone.. Wonder why he resigned?
Update:
Though the reasons for Lott’s resignation are still unknown, a “congressional official” told the AP that “there is nothing amiss with Lott’s health” and that “the senator has ‘other opportunities‘ he plans to pursue.” NBC News reports that Lott’s “other opportunities” involve joining the “lucrative world of lobbying Congress” before “tougher restrictions in a new lobbying law” take effect:
While the exactly reason Lott is stepping down before he finishes his term is unknown, the general speculation is that a quick departure immunizes Lott against tougher restrictions in a new lobbying law that takes effect at the end of the year. That law would require Senators to wait two-years before entering the lucrative world of lobbying Congress.
“A Lott friend” confirmed to the Politico that the new lobbying law is “a factor in the timing” of his resignation.
1 comment:
Lott just didn't suddenly resign to be a Lobbyist. It's hot in the Kitchen and Lott is up to his neck in the up coming investigations. He got his second house rebuild as other Katrina victims are left out. Lott got his share of Saddam's money. Lott has put in stolen money in overseas accounts for protection. He will now lawyer up and use the excuse he's out of office so let the charges go. Yes Lott knows the writings on the wall and he is getting out before the headlines.
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