Last year House Financial Services Committee Chairman Spencer Bachus, R-Ala., stated his philosophy on how the relationship between Washington and... View Article
Continue readingAnother Revolving Door Problem
Most of our focus here at Sunlight on the revolving door relates to former government officials and lawmakers who leave... View Article
Continue readingNew Financial Services Committee members raise money from finance sector
Eight of the twelve new members chosen to take seats on the House Financial Services Committee can count the finance,... View Article
Continue readingEthics broadens Waters probe to examine communications with key committee
The House Ethics Committee is said to have broadened its inquiry into Rep. Maxine Waters by examining whether the Financial Services Committee fully complied with requests to turn over documents. Waters was scheduled to go on trial last month for inappropriately using her position in Congress to aid a bank that her husband had an ownership stake in in receiving money from the government bank bailout fund. That trial was delayed due to the revelation of a new e-mail that could be used as corroborating evidence. The revelation of that e-mail has led to broader questions of whether there is other evidence being withheld. The Washington Post reports:
Four officials, congressional staff members, and others familiar with the probe confirmed on Thursday that her trial was postponed two weeks ago in part to explore the delay in not turning over that e-mail and to examine whether other evidence was withheld. Continue reading
Banks, Exchanges Seek to Influence Derivatives Reform
The final piece of the financial regulatory reform puzzle is about to come into place as Sen. Blanche Lincoln released... View Article
Continue readingRevolving Door Staffer Rebuked, Permanently Banned From Talking to Committee Staff
Earlier this week, Peter Roberson, a top staffer on the House Financial Services Committee, jumped ship to lobby for Intercontinental... View Article
Continue readingRatigan Waves Sunlight In Frank’s Face
MSNBC’s Dylan Ratigan flashes an infographic made by Sunlight’s Kerry Mitchell detailing the percentage of contributions from the finance, insurance... View Article
Continue readingTop Financial Services Committee Members Rely Heavily On Finance Campaign Contributions
One year after the biggest economic collapse since the Great Depression, Congress is still debating new financial regulations to protect... View Article
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