Rosemary Becchi

Rosemary Becchi

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Background

Shapes policy outcomes by drafting solutions that appeal to regulators and legislators. Agency advocate for companies with regulatory issues. Former tax counsel to Senate Finance Committee and former IRS attorney.

Rosemary advocates before Congress and administration officials at the Treasury Department, the Internal Revenue Service (IRS), the Securities and Exchange Commission, the Labor Department and the Federal Reserve to affect policy and regulatory outcomes. Her practice is grounded in traditional analytic and advocacy skills, combined with her broad experience in workforce, executive compensation, employee benefits and tax issues. She takes pride in her ability to craft legal arguments and advocate for her clients.  Rosemary’s goal is to maximize the potential benefit – or minimize the potential adverse impact – of governmental action on a business’ interests. She utilizes her expertise on a variety of tactical policy strategies, her experience in building and managing grassroots capabilities, her firsthand knowledge of relevant processes and her personal relationships with key members and staff of governmental entities to ensure tangible results for stakeholders. Her approach blends traditional lawyering, business skills and lobbying.  
 
Rosemary began her government career at the IRS as an attorney advisor before serving as tax counsel to the majority staff of the Senate Finance Committee. She also held in-house executive positions: Rosemary served as vice president of federal government relations at Citigroup and established the government relations office at Fidelity Investments.


In 2020, Rosemary ran for Congress in the 11th District of New Jersey and garnered over 206,000 votes in the general election.  Today, Rosemary serves as president of Jersey 1st, a grassroots organization dedicated to advocating on behalf of hardworking New Jerseyans to make New Jersey a better place to live, learn, work and retire. 

    Representative Matters

    Recent Experience

    • Assisted client in obtaining guidance from SEC during COVID-19 pandemic that an expenditure that might otherwise would be a perk, may not be a perk in the context of COVID-19.

    • Led an effort on behalf of an insurance association to protect 403(b), 457 and 401(k) plan interests that were threatened by a Senate Finance Committee “pay for” that would have changed the after-death required minimum distribution rules applicable to defined contribution plans and IRAs. Worked closely with key members of the Senate Finance Committee, the Joint Committee on Taxation and the Senate Finance Committee to increase the threshold.

    • Developed regulatory language on behalf of a transportation company that clarified the status of its independent contractors, and communicated the proposed solution to Department of Labor officials. The agency was receptive and ultimately issued a regulation and subsequent opinion letter reinforcing our proposed solution.

    Insights & Publications

    Credentials

    Education

    • LL.M., 1994, Georgetown University Law Center
    • J.D., 1991, Gonzaga University School of Law
    • B.A.A., 1988, University of San Diego

    Previous Experience

    Partner, McGuire Woods, 2014-2018

    Partner, Patton Boggs, 2010-2014

    Founder and President, Becchi Consulting, 2008-2010

    Vice President of Federal Government Relations, Fidelity Investments, 2003-2007

    Vice President of Federal Government Relations, Citigroup, 2000-2003

    Senior Manager, National Tax Practice, Arthur Andersen, 1997-2000

    Tax Counsel, U.S. Senate Finance Committee Majority Staff, 1995-1997

    Attorney-Advisor, Internal Revenue Service Office of Chief Counsel, 1991-1995

    Admissions

    • District of Columbia
    • New Jersey
    • Pennsylvania

    Community Involvement

    COMMUNITY INVOLVEMENT:

    Founder and President, Jersey First

    Representative for 8th District, Millburn Republican Committee.

    Founding Member, Essex County Republican Women’s Club.

    Member, Morris County & Somerset County Women’s Republican Club.

    Running Start

    • Republican Chair, 2012-2016
    • Chairman Emeritus, present

    Tax Coalition

    • Member, 1995-present
    • Chair, 2007

    Capital Area Reach Program

    • Board Member, 2014-present
    • Executive Director: 2003 – 2014

    Board Member, Investment Committee, Virginia College Savings (“529”) Plan, 2006-2008

    Recognition

    AWARDS:

    Law360, Tax Authority Federal Advisory Board, 2024

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