Senators Pledging to Block Wall Street Watchdog Have Received $143 Million in Fin. Industry Cash
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Not a single news agency has reported on this yet, but here is a partial list. ~ V
Thanks to Represent.Us for the meme.
http://publicampaign.org/blog/2013/02/05/senators-pledging-block-wall-street-watchdog
http://thehill.com/blogs/on-the-money/banking-financial-institutions/280571-senate-gop-renews-blockade-of-consumer-bureau-pick
All but two Republicant Senators signed the letter.
Some of the most notable who did sign are:
Senate Minority Leader Mitch McConnell (R-Ky.), Sen. John McCain (R-Ariz.), Sen. John Barrasso (R-Wyo.), Ted Cruz (R-Texas), Jeff Flake (R-Ariz.), Orrin Hatch (R-Utah), Dean Heller (R-Nev.), Roger Wicker (R-Miss.), Sen. John Cornyn (R-Texas)
Senators Pledging to Block Wall Street Watchdog Have Received $143 Million in Financial Industry Cash
The 43 U.S. Senators who signed a letter to President Barack Obama pledging to block Richard Cordray’s re-appointment to the Consumer Financial Protection Bureau (CFPB) have received nearly $143 million in campaign contributions from the finance, insurance, and real estate sector—those who’d benefit the most from a weakened CFPB.
On Friday, Senate Minority Leader Mitch McConnell (R-Ky.) joined 42 of his colleagues in saying he will block Cordray’s appointment unless several concessions are made that would weaken the agency’s ability to hold financial industry actors accountable for bad acts. It's an agency with teeth, holding big banks and other financial companies accountable, perfect reasons for the industry to want its acolytes in Congress to weaken it.
Here are the facts on the letter signers’ Wall Street cash:
(At the link.)