Amazon Fires Washington's Biggest Lobbying Firm, Hires Two Podesta Group Alumni

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Though the White House clarified that "no specific" policy changes are being considered that might impact Amazon Inc., a report that President Trump is "obsessed" with bringing the tech giant to heel wiped nearly 11% off the company's share price earlier this week - translating to a staggering $13 billion drop in net worth for Amazon founder Jeff Bezos.

I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!

— Donald J. Trump (@realDonaldTrump) March 29, 2018
Given the panic that this report must've triggered in Amazon's Seattle headquarters, it's perhaps unsurprising that the company isn't waiting around for the White House to draw first blood. In a move that suggests Bezos was aware of Trump's antagonistic attitude toward his company before the president fired off his antagonistic tweet, Bloomberg is reporting that Amazon has severed ties with Akin Gump Strauss Hauer & Feld LLP, the biggest lobbying shop on K Street by revenue, and Squire Patton Boggs, another legendary Washington firm where Amazon's interests were handled by former Senate Majority Leader Trent Lott.