Power Players: Embattled Congressman Leads Ways and Means with Finance Money Behind Him
Name: Rep. Charles Rangel (D-N.Y.)Position: Fixing the economy is a huge undertaking for the 111th Congress, and any measures to cut or raise taxes will have to win the approval of the House Ways and Means Committee, which Rangel has chaired since 2007. Ways and Means is the primary tax-writing committee for the House, with [...]
Washington Lobbying Grew to $3.2 Billion Last Year, Despite Economy
Interest groups spent $17.4 million for every day Congress was in session. Lobbying growth for finance sector and auto industry is smaller in tough times.
WASHINGTON–While companies across the board were losing record amounts of money and laying off employees last year, at least one industry seemed to weather the recession: lobbying. Special interests paid Washington lobbyists [...]
No Logos, but Corporate Representation at Obama’s Inauguration
Depressed Finance Sector Still Contributes $7 Million, Center’s pre-inauguration analysis finds
WASHINGTON–There won’t be any corporate advertising on the dais, but a number of major corporations and influential industries will be represented at Barack Obama’s inauguration by individuals who’ve contributed as much as $50,000 apiece–and bundled up to $300,000–to underwrite the festivities. According to a new [...]