Congress

GRASSLEY FUNDRAISER HOSTED BY MORTGAGE, INSURANCE LOBBYISTS AND PAC

The Public Campaign Action Fund issued a press release today on Sen. Chuck Grassley's (R-Iowa) fundraiser hosted by mortgage and insurance industry PAC's and lobbyists. The special interest fundraiser comes after Grassley voted against a bill opposed by the hosts to allow bankruptcy judges to renegotiate mortgages. The Huffington Post posted a story on the release.

 

Senators Who Oppose Public Health Care Option Received Millions in Campaign Contributions

The Public Campaign Action Fund issued a press release on Monday showing that the nine Senators who sent a letter to Pres. Obama opposing a public option for health care have received over $17 million in campaign contributions from the health care and insurance industries.

 

Defense Lobbying Firm Probe to Go Public?

The Wall Street Journal reports that the House of Representatives voted to force the ethics committee to report on what, if any, actions have been taken in a federal probe of PMA Group, a now-defunct defense lobbying firm and a senior House Democrat.

 

According to the article, the vote referred the resolution to the ethics committee, which must independently approve it before it takes effect.

 

Financial Industry Banking on Campaign Cash

The New York Times ran a story yesterday on the re-regulation of the financial industry in Congress and how the impact of huge amounts of campaign cash poured in by the industry has affected efforts for reform.

 

“The banks run the place,” Rep. Peterson said. “I will tell you what the problem is — they give three times more money than the next biggest group. It’s huge the amount of money they put into politics.”

 

Million Dollar Members

A few weeks ago, the Center For Responsive Politics released a report showing that winning U.S. House candidates raised an average of $1.1 million in the 2008 cycle.

Yesterday, the USA Today shed more light on the story. Here's what their analysis found:

Freshman Orientation

There will be a lot of new faces on Capitol Hill come January and as The Hill reports this morning, their first few months will be like the first day you sign up for Facebook: friend requests galore.

$54,000 a day

Sen. Hillary Clinton’s (D-N.Y) nomination as Secretary of State has opened up a vacancy with no dearth of applicants in the Empire State.

In the Washington Post today, the reporter and his sources handicap the race. And what was one of the requirements? Fundraising prowess. To be more exact, the candidate must be able to raise an estimated $35 million for their 2010 election to keep the seat.

Thanks for your support

This morning as I was reading through my newspapers, I noticed the ad below on the back page of Roll Call, "the newspaper of Capitol Hill."

(Click the image to see a larger version)

Will Maine Lead the Way?

On November 4th, Maine voters elected 158 Clean Elections candidates to serve in the next session of the General Assembly. That's 85 percent of lawmakers free from the influence of special interest campaign contributions.

Yesterday in Maine, Public Campaign Action Fund member Dorothy Many asked in a letter to the editor whether Maine Sens. Olympia Snowe and Susan Collins will show leadership in pushing the Maine Clean Elections model for Congressional races.

 

Obama’s Online Success is Unlikely for Congress

President-Elect Barack Obama's incredible ability to generate small online donations has some members of Congress thinking they can apply his methods to their campaigns. That flies in the face of reality.