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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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do journalism differently. We stand for justice and democracy. We reject false equivalence. We go after stories others don’t. We’re a nonprofit newsroom, because the kind of truth-telling investigations we do doesn’t happen under corporate ownership.

And we need your support like never before, to fight back against the existential threats American democracy faces. Fundraising for nonprofit media is always a challenge, and we need all hands on deck right now. We have no cushion; we leave it all on the field.

It’s reader support that enables Mother Jones to report the facts that are too difficult, expensive, or inconvenient for other news outlets to uncover. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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