financial reform

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Will Rep. Capito Stand With West Virginians or Wall Street Donors?

Washington, D.C.—Rep. Shelley Moore Capito (R-W.Va.) will hold a markup tomorrow, May 4th, on legislation that would weaken new Wall Street regulations after taking $114,100 in campaign contributions from big banks and investment firms in the 2010 elections, according to new research from Public Campaign Action Fund.

"Deregulation of Wall Street led to the economic collapse that Americans are still climbing out of," said David Donnelly, national campaigns director for Public Campaign Action Fund. "Will Congresswoman Capito stand with her Wall Street donors or everyday people?"

Watchdog Calls DeMint’s Efforts to Repeal Financial Reform Payback

DeMint and Senate Republican co-sponsors have taken $49.7 million from Finance, Insurance, and Real Estate sectors during their careers

Washington, D.C.—Campaign finance watchdog Public Campaign Action Fund questioned Sen. Jim DeMint (R-S.C.) and his colleagues on the introduction of a bill that would repeal the Dodd-Frank financial regulatory reform passed last year after they collected $50 million in campaign contributions from the industry.

Watchdog Questions Whether Rep. Renacci Will Represent His Donors or Constituents in New Post

Freshman Renacci appointed to vice chairmanship of congressional panel overseeing financial institutions

Took $144k from Wall Street Interests in 2010

Washington, D.C.—Campaign finance watchdog Public Campaign Action Fund questioned the appointment of Rep. Jim Renacci (R-Ohio) as Vice Chair of a House Subcommittee that oversees financial institution after he took  $144,000 from Wall Street interests during his first election to Congress.

New Report on Corporate Tax Dodgers & Cash Spent on Lobbying and Campaign Donations

Washington, D.C. – Six large banks that have been identified as actively avoiding paying at least $13 billion in federal taxes have spent nearly $140 million in lobbying expenses and campaign contributions, according to Public Campaign Action Fund analysis of data from the non-partisan Center for Responsive Politics and the Federal Election Commission.


Committee to receive testimony on the Financial Crisis Inquiry Commission report today

New analysis of new subcommittee chairs’ Wall Street donations raises questions about impartiality

Report: Tea Party-Endorsed Candidates Take Millions in Wall Street Cash

Will they stand with Wall Street donors or stand with their constituents?

Washington, D.C.—On Tea Party caucus founder Rep. Michele Bachmann’s (R-Minn.) introduction of legislation to repeal the Dodd-Frank financial reform bill, a new report shows that Tea Party-endorsed candidates received at least $11.1 million in campaign cash from the finance, insurance, and real estate sector in the 2010 cycle.