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Tag Archive: Olympia Snowe

Stealthy Wealthy: A Texas donor plays state PACs

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W.E. "Ed" Bosarge Jr. isn't a household name, but the $2 million he gave in federal contributions and the $1.2 million more he chipped in to state level political action committees--much of it in his home state of Texas--in the 2011-2012 election cycle have made him well known to politicians. So well known, in fact, that a pair of bills pending in the Texas House or Representatives would commend him and his wife Marie Taylor Bosarge on their accomplishments.

A financial wizard who got his start working flight control systems for Saturn rockets, Bosarge has interests beyond ...

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Senate approves financial reform in a late night vote

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The Senate passed sweeping financial reform legislation last night, aimed at keeping the financial sector from collapsing as it did in 2008. The final vote was 59-39, with four Republicans joining the majority party to get the bill through. Two Democrats remained opposed to the bill, saying the Senate measure didn't include tough enough regulations.
 
Republican Senators Olympia Snowe and Susan Collins from Maine, Chuck Grassley from Iowa, and Scott Brown from Massachusetts all voted yes, with Grassley saying that this bill sends a message  to Wall Street.

"There’s no question this bill has flaws," Grassley said. "Big ...

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