
KEY POINTS
- Despite campaign promises to 'drain the swamp,' lobbying expenditures have hit record highs under Trump 2.0..
- Ballard Partners, once a small Florida firm, quadrupled its revenue in 2025.
- Corporate clients such as Harvard University and TikTok are paying premium rates for access to Trump's inner circle.
Lobbying firms aligned with former President Donald Trump and the Make America Great Again (MAGA) movement are enjoying an unprecedented surge in revenue as companies race to secure influence inside Washington's new power structure.