News

Senate votes to Audit the Fed
Emily Calhoun | May 12, 2010
May 12, 2010 - Yesterday's Senate floor debate on Wall Street Reform began with votes on two amendments related to auditing the Federal Reserve. Commercial banks and bank holding companies have contributed millions of dollars to Senate and House campaigns. Because these banks have spread their money to supporters and opponents alike, there was no significant correlation on the Vitter amendment between Senators' votes and the amount of money they received from these banks.
Wall Street Reform: SAFE Banking Act Fails
Emily Calhoun | May 10, 2010
May 10, 2010 - Despite bipartisan support, an amendment to break up the six largest banks failed. On average, contributions from the six largest banks that would have been affected by this amendment made 2004-2009 to Senate Democrats who voted to defeat the measure were $85,496, 70% more than the $50,241 average contributions to those who supported the Brown-Kaufman amendment.
Industry Channels Money to Senators Voting to Keep the Banks Big
Jeffrey ErnstFriedman | May 06, 2010
May 6, 2010 - Finding out positions on major legislation before a vote sometimes requires the tried and true method of picking up the phone and asking. The blog A New Way Forward, a group in favor of restricting the size of financial institutions, is conducting a whip count of Senators ahead of an amendment to the financial regulations bill that would restrict just how big, big banks can get. Our friends at OpenSecrets.org have provided ANWF with some figures showing how much the banks favor Senators voting to keep the banks together.Check out the post here.
Wall Street Reform: Broad Support for First Round of Amendments
Emily Calhoun |
May 5, 2010 - Money-Votes Breakdown for Round One of Wall Street Reform Votes on Senate Floor
Mining Industry Invests in Politicians; Stopped Mine Safety Law
Emily Calhoun |
April 12, 2010 - The recent explosion at the Massey Energy coal mine in West Virginia that killed 29 coal miners has left many bewildered Americans questioning how the federal government could have prevented this tragedy. MAPLight.org analyzed campaign contributions from supporters and opponents of a 2007 bill that would have strengthened mine safety but did not become law.
CTA money correlated to voting patterns on Race to the Top bill in CA legislature
admin |
CA Senate Democrats voting No on Race to the Top bill received 114% more from CTA than those voting Yes. CA Assembly Democrats voting No received 34% more from CTA than those voting Yes.
Health Insurance Rescissions Reform Opposed by Legislators Receiving More Money from Industry
admin |
February 25, 2010 - In September 2009, the California State Legislature passed a bill that prevents health insurers from rescinding policies for any reason, after the first 24 months of coverage. For the Senate floor vote, those voting with the health insurance industry received on average $13,195 from the three main opponents of the bill, Association of California Life & Health Insurance Companies, California Association of Health Plans and California Association of Health Underwriters, in the 2006 and 2008 election cycles.
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