Wall Street
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Mar12
Will Senators Bankrolled by Wall Street Also Grill Bank-Friendly Mary Jo White?
Written by: Tam Doan, Research Director
Today, as the Senate banking committee considers the long-contested nomination of Richard Cordray to head the Consumer Financial Protection Bureau, Cordray will face eight senators who vowed recently to block his reappointment—or the appointment of anyone else to the post until the bureau has been weakened.
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Mar12
Clips round up for 3/12/2013
New York Gov. Andrew Cuomo spoke on a telephone town hall last night with about 1,350 grassroots activists, signaling his strong support for campaign finance reform, saying "Campaign finance is a way to tell the people of this state and this country: It's your government. You own it. Literally." The Governor called campaign finance reform “one of the most important issues to complete” in the rest of New York’s legislative session this year.
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Mar01
Sen. Cornyn Raising Money From Wall Street After Pledging to Block Wall Street Watchdog
A month after pledging to block President Barack Obama’s appointment to lead a Wall Street watchdog agency, Senator John Cornyn (R-Texas) will hold a “Financial Services Dinner” fundraiser in Washington, D.C. -
Feb15
Mitch McConnell Blocks Wall St. Watchdog After Taking Millions in Industry Cash
On Wednesday, President Barack Obama officially sent Richard Cordray’s nomination to lead the Consumer Financial Protection Bureau (CFPB) to the Senate, about a week after Senate Minority Leader Mitch McConnell (R-Ky.) and his colleagues pledged to block his appointment.
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Feb05
Senators Pledging to Block Wall Street Watchdog Have Received $143 Million in Financial Industry Cash
The 43 U.S. Senators who signed a letter to President Barack Obama pledging to block Richard Cordray’s re-appointment to the Consumer Financial Protection Bureau (CFPB) have received nearly $143 million in campaign contributions from the finance, insurance, and real estate sector—those who’d benefit the most from a weakened CFPB.
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Jan08
Clips round up for 1/8/2013
Hey everyone! A big thanks to Kurt for handling the clips while I was on sabbatatical. Now back at it:
Former NYC Mayor Ed Koch wrote in the Daily News this weekend that it's time to clean up Albany: "We have every reason to believe that replicating the city’s system of public financing at the state level will have precisely the same effect."
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Sep05
Clips round up for 9/5/2012
Campaign Finance/Fair Elections
The Nation: Change we can believe in, 2.0
Katrina vanden Heuvel on the president's talk of an amendment last week and its inclusion in the Democratic platform. National Journal. -
Aug20
Clips round up for 8/20/2012
In the ongoing voting wars in Ohio, the Franklin County GOP chair had this to say over the weekend: "I guess I really actually feel we shouldn’t contort the voting process to accommodate the urban — read African-American — voter-turnout machine. Let’s be fair and reasonable."
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Jul22
Two years after Dodd-Frank, Wall Street continues to spend
Last Wednesday, the Consumer Financial Protection Bureau (CFPB) announced its first enforcement action, requiring Capital One to refund $140 million to customers impacted by deceptive marketing practices and pay an additional $25 million penalty to the CFPB.
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Jun05
Campaign 2012: All Big Money, All the Time
While much of today's focus will center on the recall election in Wisconsin, the 2012 presidential race is sounding a familiar theme: money, money, money. Soon to be Republican presidential nominee, Mitt Romney, is heading to Texas to raise campaign cash from his chief constiuency, millionaires and billionaires.