House Leadership Backed by Securities & Investment Firms Omit Political Intelligence Disclosure from STOCK Act

Feb. 9, 2012 - The U.S. House of Representatives is scheduled to vote on Thursday on its version of the STOCK Act, which omits an amendment that would require those working in the so-called “political intelligence” trade to register as lobbyists. Interest groups from both Wall Street and K Street are opposed to the amendment.

U.S. House of Representatives (July 1, 2009 June 30, 2011)

  • Interest groups representing the Securities & investment industry have given a total of $18,780,724 to members of the U.S. House of Representatives. 
  • Republican House members received a combined $11,367,220 in contributions connected to Securities & investment interest groups while Democrats have received $7,413,504.
  • House Majority Leader Eric Cantor received $629,350; House Speaker John Boehner received $830,700; House Minority Leader Nancy Pelosi received $157,800; and House Minority Whip Steny Hoyer received $136,150.