Top Financial Services Committee Members Rely Heavily On Finance Campaign Contributions — Sunlight Foundation Blog

Top Financial Services Committee Members Rely Heavily On Finance Campaign Contributions

By Paul Blumenthal on 10/09/09 @ 2:33 pm | 8 Comments

Tags: Barney Frank, Campaign Finance, Congress, derivatives, Economic Crisis, Economy, Finance, Financial Regulation, Financial Services Committee, insurance, Melissa Bean, Paul Kanjorski, Spencer Bachus

One year after the biggest economic collapse since the Great Depression, Congress is still debating new financial regulations to protect consumers and prevent risk-taking in the financial sector. The House Committee on Financial Services is currently undertaking the important first step of writing, amending and voting on some of the pieces of the long-proposed financial regulatory reform. While debating these issues top committee members have been the recipients of disproportionate campaign contributions from the very industry that they are tasked with regulating.

via blog.sunlightfoundation.com