MapLight research on the influence of money and politics.
Jeffrey ErnstFriedman | July 14, 2010
Owen Poindexter | July 13, 2010
July 13, 2010 - While the Obama Administration tangles with the courts over a moratorium on offshore drilling, legislators have taken matters into their own hands. The legislators introducing permanent bans have taken relatively little money from the oil industry in recent years. Those calling for the moratorium to be lifted were among the industry’s top recipients.
Chad Outler |
Jeffrey ErnstFriedman | July 01, 2010
July 1, 2010 - The House recently approved the Conference Report to HR 4173, a sweeping change to regulations over the financial services industry. In a mostly party line vote, the 192 no-voters received on average 41% more in contributions from big banks than the 237 members voting in favor of passage. Three Republicans joined Democrats in favor of passage while 19 Democrats sided with Republicans against passage.
Jeffrey ErnstFriedman |
June 30, 2010 - The House of Representatives agreed to the Conference Report for HR 4173 on Wednesday. The vote (237-192) was basically split along party lines with 22 members switching sides: three Republicans joining Democrats in passing the measure and 19 Democrats voting against it. The Senate will not address the bill until after the July 4th recess.
Jeffrey ErnstFriedman | June 29, 2010
June 29, 2010 - Sen. Scott Brown has withdrawn support for the conference report on financial regulations reform (HR 4173) putting its chance of success in jeopardy. The Washington Post reports the objection centers around " a plan to charge large banks and hedge funds nearly $20 billion to pay for the legislative overhaul."
Emily Calhoun |
June 29, 2010 - Although the financial sector supports some of the more modest reforms, the conference report on HR 4173 continues to garner widespread opposition from Wall Street.