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Illustration: Sarah Grillo/Axios

Lobbyists are racing to grab a piece of a federal stimulus package that could top $2 trillion.

The big picture: Every industry, company and niche group affected by the virus, including some that have never lobbied before, is jockeying to get federal funding and approval for pet projects — making federal lobbying one of the few boom industries right now.

Where it stands: Congress is still working on a final package, with the hope of getting something done this week. The largest conglomerates and industry groups are working overtime to make sure they get a cut.

  • Hotels, airlines, restaurants, casinos, manufacturers and other service industries that have been battered by the coronavirus spread are angling to get hundreds of billions in loans and other funding.
  • Hospitals and physicians want at least $100 billion and significant Medicare payment hikes, partially because they've had to cancel lucrative elective procedures.
  • A coalition of major employers is lobbying Congress for payroll tax credits and coverage subsidies for people who lose their jobs.

Additionally, some lobbyists are pushing for "stalled policy proposals unrelated to the crisis," the Wall Street Journal reports — everything from capping transaction fees on credit cards to creating tax breaks for gym memberships, according to the New York Times.

The intrigue: The chance for federal bailouts has motivated small players to make bigger investments, and some nontraditional parties are spending their first lobbying dollars.

The bottom line: Business interests won in the Republican tax overhaul and the most recent year-end budget package. It's very possible the same will occur in the major coronavirus bill.

Go deeper

National Archives releases Trump White House records to Jan. 6 panel

Photo: Chip Somodevilla/Getty Images

The National Archives on Thursday evening released records of former President Trump's White House to the House Jan. 6 Select Committee, the agency said.

Why it matters: The committee now has documents that Trump attempted to keep hidden, arguing that their release would undermine his executive privilege.

Worker shortage unleashes a forever jobs crisis

Illustration: Shoshana Gordon/Axios

Workers are in the driver's seat in the labor market, and that doesn't look likely to change anytime soon. It's also starting to alter the competitive landscape across the business world.

Driving the news: The terms of competition are shifting, especially in labor-intensive industries. The advantage goes to companies that have some distinct advantage in their ability to attract the best workers.

35 mins ago - Health

CDC: Pfizer and Moderna boosters overwhelmingly prevent Omicron hospitalizations

Brian Cassella/Chicago Tribune/Tribune News Service via Getty Images

Booster doses of the Pfizer-BioNTech and Moderna vaccines overwhelmingly prevented hospitalizations from the Omicron variant, according to Center for Disease Control and Prevention data out Friday.

Driving the news: Pfizer and Moderna boosters were 90% effective at preventing Americans infected with the Omicron variant from ending up in the hospital, per the data.