Trent Lott to resign his seat.
Seems Trent wants to beat the new law going into effect which would prohibit him from taking a lobbying job for two years after he ‘retires’..From ThinkProgress:
Lott has “scheduled two news conferences in his home state later in the day.” AP reports, “No reason for Lott’s resignation was given, but according to a congressional official, there is nothing amiss with Lott’s health. The senator has ‘other opportunities’ he plans to pursue, the official said, without elaborating.”
UPDATE III: Lott’s term expires in 2012, therefore a resignation would trigger a special election for a replacement to serve the remainder of his term.
UPDATE IV: “While the exact 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.”
Since he has worked for the special interests for years..this makes sense of course ![]()
November 26th, 2007 at 2:11 pm
Sounds like a win win situation to me. Lott can pull in 6 or 7 figures for doing what he’s already been doing all along, and we’ll have one less douchebag in the Senate (although God knows who his replacement will be).
November 26th, 2007 at 2:22 pm
Oh yeah..he has been supporting special interests for decades..no change except in his paycheck