Clips Round-up for 6/25/12
Live in DC? Then join Public Campaign's Nick Nyhart, Congressman John Sarbanes, and Maryland Sen. Jamie Raskin on Tuesday at Busboys & Poets for a discussion on campaign finance.
WaPo this weekend: "Boehner is one of 34 members of Congress who took steps to recast their financial portfolios during the financial crisis after phone calls or meetings with Paulson; his successor, Timothy F. Geithner; or Federal Reserve Chairman Ben S. Bernanke, according to a Washington Post examination."
And: "One-hundred-thirty members of Congress or their families have traded stocks collectively worth hundreds of millions of dollars in companies lobbying on bills that came before their committees, a practice that is permitted under current ethics rules."
ABC News: Cash rules at Romney retreat while Condoleeza Rice steals the show
At the donor retreat this weekend: "A man in a dark suit and purple pocket square was camped out in the lobby of the Chateaux at Silver Lake talking to what appeared to be lanyard-wearing donors. The man was Charlie Spies, the founder of the Mitt Romney-backing super PAC Restore Our Future." The campaign denies any coordination issues, WaPo editorial asking for a guest list, Bloomberg, WaPo, NYT, AP, Politico, Boston Globe, Marketplace, and nice line in the LAT: "The retreat was closed to the media, in keeping with Romney's secrecy about who is raising money for his campaign."
Campaign Finance/Fair Elections
NYT: With Cuomo, new group will push for publicly financed elections in New York
"Frustrated with Albany’s tepid reaction to the idea of publicly financed elections, the Facebook co-founder Chris Hughes and his fiancé are financing a new campaign to press the issue in coordination with Gov. Andrew M. Cuomo."
Boston Globe: Some hope to revive Conn's failed elections bill
"Election reform activists are pressing Connecticut lawmakers to revive legislation vetoed by Governor Dannel P. Malloy that would strengthen disclosure requirements for groups that independently spend money or run ads for political candidates."
Roll Call: Lobbying ban in spending bill could benefit select K Street firms
"Legislation to bar former high-ranking government employees from lobbying on behalf of certain foreign countries, including China and Saudi Arabia, could wind up boosting business for the firms that already do." Republic Report.
Guardian: Rahm Emanuel: Citizens United is one of the worst supreme court decisions ever
"Former White House chief of staff Rahm Emanuel has launched a scathing attack on Citizens United, the ruling that opened the floodgates to unlimited political spending by a handful of billionaire donors, calling it one of the 'worst decisions of any supreme court in American history.'"
Congress/2012
NYT: With elections awash in cash, looking for culprits
I'm not down with this whole analysis of the current state of the campaign finance and the presidential election, but it's worth a read.
WaPo: Romney-Rove get together again raises super PAC/candidate coordination issue
"Republican candidate Mitt Romney is hosting GOP strategist Karl Rove at a retreat for his biggest donors in Utah this weekend, raising objections about coordination between Romney’s presidential campaign and two interest groups advised by Rove, American Crossroads and Crossroads GPS."
NYT: What Sheldon Adelson wants
NYT editorial on Adelson: "He is the perfect illustration of the squalid state of political money, spending sums greater than any political donation in history to advance his personal, ideological and financial agenda, which is wildly at odds with the nation’s needs."
Politico: Obama taps overseas donor pool
"Obama is tapping the network of American citizens living outside the 50 states more than any other presidential campaign has before, with more than a dozen bundlers who have pledged to raise as much as $4.5 million."
Politico: Obama campaign launches event registry
"President Obama is launching an events registry that will allow a birthday boy or a bride-to-be to encourage their friends to give to the campaign — instead of a gift."
BuzzFeed: High security at Koch enclave
BuzzFeed tried to get into the Koch event this weekend: "The security detail at the front gate turned away your correspondent, who made his way back into the resort after an hour-long hike through a golf course and a fortuitous ride in a golf cart."
WaPo: Clash over financial disclosure escalates, spilling into presidential race
"Democrats are stepping up the pressure on politically active nonprofit groups to divulge their largest donors, part of a broader partisan debate over disclosure rules that has spilled into the race between President Obama and Mitt Romney." And some more on Grijalva's efforts to get the NFIB to to release its donors.
Boston Herald: President Obama takes battle to Mitt Romney's home turf in hunt for cash, swing votes
"President Obama, feeling the heat after a few tough weeks, is doing what he needs to win with his trip to New England today — going after swing voters and raising money, Democrats and other observers say."
WaPo: Workers at private equity firm Blackstone give big to both Romney, Obama
"Employees of the second-largest private equity firm, the Blackstone Group, made a big impact on presidential fundraising last month, showing up among the biggest sources of funds to both President Obama and Republican candidate Mitt Romney." Blackstone also just hired Wayne Berman, a top lobbyist bundler for Romney."
The Atlantic: This is what Romney-backing billionaires look like
"As Mitt Romney prepares for a weekend in the resort community of Deer Valley, Utah -- an even posher, often gated enclave just outside Park City, full of enormous private ski chalets -- with Republican leaders and major campaign donors, you might want to take a look at the Public Campaign Action Fund's Pinterest board picturing 33 billionaires who have donated to Restore Our Future, a pro-Romney super PAC."
CNN: Powerful congressman accused of campaign finance violations
CNN talks Vern Buchanan: "CNN has confirmed there are no fewer than four congressional and federal investigations into Buchanan's business practices, his campaign finances and his alleged attempt to try to stop a witness from talking."
The Hill: GOP leader fires back at newspaper over First Amendment protections
"Senate Republican Leader Mitch McConnell (R-Ky.) has fired a salvo at The Washington Post after two of its columnists wrote that he has been inconsistent on First Amendment issues."
Baltimore Sun: Bartlett struggles with campaign disclosure
"Rep. Roscoe G. Bartlett, the Western Maryland Republican who faces a re-election battle this fall, has repeatedly filed incomplete and inaccurate campaign finance reports, and was fined $5,000 this year by the Federal Election Commission, records show."
Politico: Defense industry sounds alarm on sequestration
The defense industry is all hands on deck in lobbying against sequester cuts.
Roll Call: Lobby shop Ogilvy now faces uncertain future
"And now the corporate-owned successor, Ogilvy Government Relations, faces an uncertain future as its parent company’s CEO is scheduled to arrive in town this week from London for private meetings."
The Hill: Hatch: Santorum endorsed primary opponent because of "sugar daddy"
"Sen. Orrin Hatch (R-Utah) says he was surprised and a little hurt when former colleague Rick Santorum endorsed his primary opponent and blamed the development on Santorum’s 'sugar daddy.'"
Philly Inquirer: Casey tells donors of "real concerns" on re-elect
"Democrat Bob Casey of Pennsylvania has been rated among the safest Senate incumbents in the nation this year, with a time-tested political brand name, about $6 million in the bank and a little- known Republican opponent. Casey, however, expressed 'real concern' about the threat posed by former coal executive Tom Smith in a recent fundraising letter sent to prospective contributors."
Other/States
Denver Post: PAC money: 2 Colorado statehouse candidates turn it down
"Two legislative candidates — Republican Jeff Hare and Democrat Jovan Melton — have refused money from special interest political-action committees, earning them the support of a newly formed group."