Monday, January 4, 2010 10:51 AM
Banking On Big Bucks
With financial services reform gaining steam in Congress, the banking industry continues to give more to Republicans than Democrats in the 2010 election cycle.
According to data from OpenSecrets.org, the historical friendship between banks and GOP candidates remains strong. Commercial banks have contributed $6.2 million so far in the cycle, with 54 percent going to Republicans. The top contributor: the American Bankers Association at $1.3 million.
The savings and loan industry has given $196,000 to congressional candidates with 69 percent going to Republicans. Top contributor: Beal Bank at $99,000. Top recipients: a seven-way tie at $9,600 between Reps. Rob Portman, R-OH, Kenny Marchant, R-Texas, Jeb Hensarling, R-Texas, Sam Johnson, R-Texas, Pete Sessions, R-Texas, Joe Barton, R-Texas, and Republican Ralph Hall, of, you guessed it -- Texas.
Other sectors of the financial industry have showed more money on Democrats. The securities and investment industry - the one most directly under fire by regulators - has given $24.2 million so far in the 2010 election cycle, with 67 percent going to Democrats. Biggest contributor: the Investment Company Institute at $488,000. Top recipient: $1 million to Sen. Charles Schumer, D-NY., who sits on the Banking, Housing and Urban Affairs Committee.
The hedge-fund sector is also leaning heavily Democratic. So far it has donated $2.1 million with 70 percent going to blue candidates. Top contributor: Renaissance Technologies at $256,000. Top recipient (surprise, surprise): $170,000 to Sen. Charles Schumer, D-NY.
It's clear the securities and investment industry is just gearing up. The sector contributed a whopping $157 million to congressional candidates during the 2008 election cycle.
Neelam Stone
Tuesday, May 15, 2012
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Neelam Stone
LisaSmith
Tuesday, February 28, 2012
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Family Offices Singapore
Friday, February 3, 2012
This article is really suggestive.Banking industry is giving more to Republicans.Useful information has been shared by you.
Family Offices Singapore | Philanthropy Asia
Family Offices Singapore
Friday, February 3, 2012
This article is really suggestive.Banking industry is giving more to Republicans.Useful information has been shared by you.
Family Offices Singapore | Philanthropy Asia
Mortgage Specialist
Tuesday, January 24, 2012
Its quite interesting to know that Republicans are getting more funds then Democrates.Its upto the states how they apply the tactics nicely and how they invest the money so that more money could be made.
Mortgage Specialist
abualk
Wednesday, January 18, 2012
Really interesting. I have read a lot about this on other articles written by other people, but I must admit that you is the best.
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Multi Family Offices
Thursday, January 12, 2012
The general public should be aware that with financial services reform gaining steam in Congress, the banking industry continues to give more to Republicans than Democrats in the 2010 election cycle.
Multi Family Offices
Payday Loans
Wednesday, November 30, 2011
This news is telling the story of next election and results too I think.I hope I am right.
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quick cash loans
Monday, September 26, 2011
It is of important information that the banking institutions are supporting more Republicans than democrats.
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Richard Anderson
Wednesday, June 22, 2011
You only need to look at a list of banks in Australia to know that these big institutions are making too much money at the expense of the little guy.
CNA
Monday, June 13, 2011
With financial services reform gaining steam in Congress, the banking industry continues to give more to Republicans than Democrats in the 2010 election cycle. CNA
francine
Wednesday, March 9, 2011
It is about time that the big banks start to reduce some of the exorbident bank fees that they charge, particularly in relation to credit cards and savings account. Whilst your average person tries to find a bank savings account that doesn;t charge lots of fees these banks make a large sum of money not only on the interest from the user but also from the retailers in the form of processing fees.
Aaron Grant
Friday, November 19, 2010
$24.2 million so far in the 2010 election cycle, with 67 percent going to Democrats. Biggest contributor: the Investment Company Institute at $488,000. Top recipient: $1 million to Sen. Charles Schumer, D-NY., who sits on the Banking, Housing and Urban Affairs Committee.Phone number lookup - Background check
Fernando
Thursday, August 5, 2010
Most troubling, the new rules may have fueled so-called deregistrations among lobbyists who now prefer to fly under the radar asian cams. This obviously hurts transparency rather than advancing it. At the same time, the debates over health care, energy and financial services have boosted business on K Street.