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VELOCITY · LOBBYING · OPINION · OCTOBER 12, 2026

Two Lobbyists, One Greek Builder

The Wall Street Journal story about Ambassador Kimberly Guilfoyle names one Aktor lobbyist, Christos Marafatsos. Federal lobbying records show a second firm, Cove Strategies, led by Matthew Schlapp, registered for an Aktor company four weeks earlier and lists contacts in the Executive Office of the President. Together the two report $450,000 in three quarters.

OldGoat InTheHood · theyknewfirst.com · October 12, 2026 · OPINION

LDA FILINGS PULLED AND READ OCT. 12 FARA REGISTRANT LISTS SEARCHED: NO MATCH NO SOURCE PLACES SCHLAPP IN GUILFOYLE MEETINGS THE READING IS OPINION
THIS IS OPINION. The lobbying filings are DOCUMENTED: the Old Goat pulled them from the Senate's Lobbying Disclosure Act database and read the entries. What the Wall Street Journal reported about Ambassador Guilfoyle is REPORTED, relayed through secondary coverage. Nothing in the reporting or the filings the Old Goat reviewed says Matthew Schlapp met Guilfoyle or attended any embassy meeting. The reading of why a second firm was hired is the Old Goat's INFERENCE.

What the Journal Reported

REPORTED. The Wall Street Journal reported in September that U.S. Ambassador to Greece Kimberly Guilfoyle repeatedly promoted Aktor, a Greek construction firm that has moved into natural gas, while an Aktor lobbyist, Christos Marafatsos, attended her meetings with foreign officials. The coverage cites federal lobbying records showing Aktor paid him $160,000 through June, and says she arrived in Bulgaria on a jet provided by Aktor's chief executive. A U.S. Embassy official said she acted in "full compliance with State Department guidance." The Old Goat's earlier dispatch covers the separate allegation, from donor Eric Deters, that she asked for $100,000 in exchange for access, which her lawyer disputes.

What the Filings Show

DOCUMENTED. The Old Goat searched the Senate lobbying database on Oct. 12 for filings naming Aktor as a client. Eight came back, from two firms.

DOCUMENTED. The first is Catalyst Strategies, LLC, where Marafatsos is the listed lobbyist. It registered for Aktor Energy S.A. on Dec. 29, 2025, describing engagement with State Department and executive-branch officials on the company's projects and their fit with U.S. policy priorities. It reports income from Aktor of $40,000 for the fourth quarter of 2025, $60,000 for the first quarter of 2026 and $60,000 for the second. That is $160,000, the Journal's figure.

DOCUMENTED. The second is Cove Strategies. Its filings list Matthew Schlapp as the lobbyist and Aktor Technical and Energy Products as the client. Cove registered on Dec. 2, 2025, 27 days before Catalyst, for outreach to "senior U.S. Executive Branch officials" on the company's projects, with issues listed as energy, natural resources and manufacturing. Its later reports describe the work as "encouraging European demand for natural gas" and name the Executive Office of the President as the government body contacted. It reports $130,000 for the fourth quarter of 2025, $80,000 for the first quarter of 2026 and $80,000 for the second. That is $290,000.

DOCUMENTED. Added together, the two firms report $450,000 from two Aktor entities across three quarters. The Old Goat did not check whether Aktor Energy S.A. and Aktor Technical and Energy Products share a parent. The Journal coverage the Old Goat reviewed names Marafatsos and does not name Schlapp.

REPORTED. Schlapp is the chairman of the American Conservative Union, which runs the Conservative Political Action Conference, and leads Cove Strategies, per public biographies and press accounts.

DOCUMENTED. The Old Goat searched the Justice Department's FARA registrant lists, active and terminated, for Aktor, Catalyst, Cove, Marafatsos and Schlapp and found no match. That search covers registrants, not foreign principals. Lobbying for a foreign company can lawfully run through the Lobbying Disclosure Act instead of the Foreign Agents Registration Act in some cases, so a missing FARA entry is not a finding of a violation.

What the Old Goat Thinks It Means

This part is opinion, labeled as opinion. The Journal story is about one lobbyist in one set of embassy rooms. The filings add a second channel the story does not describe: a firm led by a prominent figure in the president's political movement, registered first, naming the White House as the place it lobbies. The Old Goat's INFERENCE is that Aktor bought two doors, State and the embassy through Catalyst, the Executive Office of the President through Cove, and that readers following only the ambassador are watching half of the spending.

Counter-evidence, plainly: hiring more than one lobbyist is routine, and both firms disclosed their work as the law asks. Cove's stated issue, European demand for natural gas, matches an energy policy the administration has pursued on its own. A listed contact with the Executive Office of the President is a category, not a named meeting. No filing or news account the Old Goat read connects Schlapp to Guilfoyle, to the Bulgaria trip or to the Deters allegation, and the Old Goat does not claim a connection.

The ambassador story shows one lobbyist in the room. The filings show two firms at the door.

The questions that would settle it: what Cove's White House contacts were, whether the two Aktor entities are related, and whether either lobbyist attended official meetings abroad. The next filings are the third-quarter reports, due Oct. 20, and the House Oversight Democrats' document deadline of Oct. 22 for Guilfoyle. The Old Goat will update this page when they arrive.

Ongoing Review

The Old Goat will revisit this dispatch from time to time to verify what's written here, and leaves it to the reader to draw their own conclusions from the information presented.

Two filings, two doors. Ask who answered.

Behind the curtain, no wizard to find. Just a thunder organ, a wallet, and scaffolding left behind.

The noise is the point. The scaffolding is the story.

Confirmed Sources