Graham Holdings Co., the renamed corporation that owned the Washington Post newspaper before selling it to Jeff Bezos last year, retains a major stake in Corinthian Colleges, a for-profit education company that is under investigation by a range of federal and state law enforcement agencies. According to an SEC filing today, Graham Holdings has sold about
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Republic Report has obtained an e-mail from J.J. Ong, a senior Democratic staffer to the House Foreign Affairs Committee. On Monday, Ong announced that she is leaving the committee to take a job with the “international government affairs team at Chevron here in DC, where [Ong] will be managing their government relations work for the
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It’s become increasingly clear from law enforcement, congressional, and media investigations that many for-profit colleges are selling a product that can be toxic to students — high-priced, low-quality programs that often leave graduates and dropouts alike without improved career prospects and paralyzed by student loan debt, often $100,000 or more.  So when the for-profit college
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Two congressional committees with oversight of the National Security Agency (NSA) — the House Homeland Security Committee and the House Intelligence Committee — are managed by former lobbyists for major NSA contractors. Alex Manning, a senior lobbyist for IBM who specialized in cyber intelligence influence for the company, became a Staff Director for the Homeland
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For Chevron, the second largest oil company in the country with $26.2 billion in annual profits, it helps to have friends in high places. With little fanfare, one of Chevron’s top lobbyists, Stephen Sayle, has become a senior staff member of the House Committee on Science, the standing congressional committee charged with “maintaining our scientific
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The Obama Administration’s “gainful employment” rule, aimed at protecting students from predatory career colleges, has gone from the Department of Education to the White House Office of Management and Budget, which is holding meetings with interested parties. These include representatives of our coalition of student, veterans, civil rights, consumer, and other groups seeking a strong
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Bank lobbyist Charlie Black occupies a warm place in Congressman Jeb Hensarling’s heart. “Charlie taught me a lot about politics, taught me a lot about legislation, and I’ve always sought his advice and counsel. He just does such a great job and demands so much respect on Capitol Hill,” says Hensarling in a video recorded
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The second largest for-profit college company, Pittsburgh-based Education Management Corporation (EDMC), is facing severe challenges. The company, 41 percent owned by Goldman Sachs, held a conference call for investors last week, and the data was not good — enrollment and revenue remain down. Market analyst reaction was lukewarm at best, and the company’s stock price plunged
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