House Finance Committee Members Took $62.9 Million From Industry Interests

Members of the House Financial Services Committee, which is playing a critical role in restructuring the nation's reeling financial, banking and housing sectors, have received nearly $63 million in campaign contributions from the industries they oversee. A new analysis of campaign finance data by Public Campaign Action Fund, which provided an advance preview to the Huffington Post, shows that financial, insurance and real estate interests donated a combined $62.9 million to the 71 members of the House Financial Services Committee. The hefty donations reflect the extent to which key companies and individuals of the financial sector have attempted to exert their influence on legislative debates even before the recent economic collapse.

 

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