Big Finance’s 10 Favorite Lawmakers (for Now)

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Here’s how to reap Wall Street’s largesse on Capitol Hill: Represent New York, sit on a financial committee, hold a leadership position—or, if you’re Chuck Schumer, trifecta!

LEGISLATOR

DONATIONS FROM
BIG FINANCE, 2009

WHY WALL STREET WANTS
HIS/HER ATTENTION

Sen. Charles Schumer (D-N.Y.)

$1,735,900

The Street’s favorite Dem fought regs for derivatives, credit ratings, and accounting

Sen. Harry Reid (D-Nev.)

$1,019,110

As majority leader, signed off on TARP; all finance-related bills need his approval

Sen. Kirsten Gillibrand (D-N.Y.)

$944,950

Junior senator voted against the bailout twice—perhaps she’ll come around

Sen. Chris Dodd (D-Conn.)

$745,698

Once a deregulation fan, he’s now facing a reeelction fight—and pushing for reforms

Rep. Eric Cantor (R-Va.)

$499,197

Minority whip’s October ’09 (!) op-ed said Americans underappreciate derivatives

Sen. Michael Bennet (D-Colo.)

$458,008

Used to retool bankrupt companies for conservative billionaire Philip Anschutz

Rep. Jim Himes (D-Conn.)

$423,873

Ex-VP at Goldman Sachs, member of pro-business New Democrat Coalition

Sen. Blanche Lincoln (D-Ark.)

$409,300

As ag committee chair, she must sign off on any new derivative regulations

Rep. Barney Frank (D-Mass.)

$382,349

Financial Services Committee chair has called for “death panels” for failing firms

Rep. Melissa Bean (D-Ill.)

$364,875

Tried to weaken consumer protection bill, voted against taxing giant AIG bonuses

Source: Center for Responsive Politics (donations as of 10/25/09)

This chart is part of Mother Jones’ coverage of the financial crisis, one year later.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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