Lott seals the deal on new lobbying position.

ThinkProgress reported in November that outgoing Sen. Trent Lott (R-MS) may have been negotiating a future lobbying position with former Sen. John Breaux in potential violation of Senate ethics rules that take effect this year. At the time, Lott claimed, “I’m not really involved in negotiation. I’ve tried to stay away from that.” But now, just two weeks after resigning from the Senate, Lott announced that he is indeed joining with Breaux to form a lobbying group:

Putting weeks of speculation to rest, former Sens. Trent Lott (R-Miss.) and John Breaux (D-La.) confirmed Friday they plan to file paperwork next week to form a powerful lobbying partnership called The Breaux Lott Leadership Group.