Congress

Sen. Corker's $3 million from financial industry interests

While it's unclear how Sen. Bob Corker will end up voting on the current financial reform bill being debated, it is clear he's received a lot of money from the industry over the years, according to data put together by Public Campaign Action Fund.

 

Sen. Corker has depended on financial industry dollars to fund his campaigns for public office.[1]

Sen. Shelby and financial industry ties

Sen. Shelby has publicly opposed major portions of the financial reform bill currently being debated in the U.S. Senate. The bill is being opposed by many of the same Wall Street banks that wrecked our economy. Those same interests have also given big campaign contributions to Sen. Shelby over the years.

 

Sen. Shelby has depended on financial industry dollars to fund his campaigns for public office.[1]

 

Sen. McConnell takes financial industry cash, opposes financial industry reform

ThinkProgress.org reports that this morning Sen. Mitch McConnell (R-Ky.) took to the Senate floor to announce his opposition to financial reform legislation. Sen. McConnell’s speech comes just one day after Fox News reported that Sen. McConnell held a private meeting last week with leading Wall Street executives and hedge fund managers. Also at the meeting was Sen.

PRESS RELEASE: After one year, support for Fair Elections Now Act at all time high

Public Campaign issued a press release today marking the one year anniversary of the the introduction of the Fair Elections Now Act (S. 752, H.R. 1826) in Congress.

 

67 fundraisers in 24 hours

NPR: Groups push for public financing

This morning on NPR, Peter Overby interviewed several Fair Elections advocates about pushing for public financing of elections in the wake of the Supreme Court's decision in Citizens United v. FEC. You can listen to the piece below:

 

Industries Spend Huge Amount in Health Care Battle

As the House and Senate near passage of health care reform legislation, it’s instructive to look at just how much the insurance and HMO's industries poured into fighting it.

 

30 former members of Congress tell Washington, D.C.: "The Time is Now For Bold Action."

Today in Roll Call, 30 former members of Congress placed an ad calling for the current Congress to act boldly by passing the Fair Elections Now Act.

 

"We former members may disagree about the details of how to fix this problem – but we feel legislation like the Fair Elections Now Act (H.R. 1826, S. 752) is a step in the right direction."

For the full ad, click here.

The Pressure of Fundraising

Politico spoke to a dozen freshman congressmen about the pressures of fundraising and found that nearly all lament the arduous process.

"They described days packed with research about potential donors, trips down the block to the boiler-room-style call centers operated by the campaign committees and hours of mind-numbing calls dialed from cramped cubicles.

 

Virtual Town Hall Today with Lead House Fair Elections Sponsor Rep. John Larson

Click here http://townhall.fairelectionsnow.org TODAY, February 25 at 6:00 P.M. EST for a virtual town hall meeting with Fair Elections Now Act (H.R. 1826) lead House sponsor, Rep. John B. Larson (D-Conn.).

 

Hear first-hand how the legislation will empower small donors and ensure that elections are about voters, not wealthy corporate interests.