Wednesday 10 June 2009
by: Matt Renner, t r u t h o u t | Report
Senate Finance Committee Chairman Sen. Max Baucus (D-Montana). Baucus was one of 12 Democrats to vote against cram-down provisions. (Photo: AP)
A new analysis from a government watchdog group shows senators who killed off a consumer-friendly change in law aimed at addressing the foreclosure crisis received more money in campaign contributions from the industries their vote aided.
Senators who voted against the consumer-friendly amendment received $3.98 million from the financial industry during the 2008 election cycle, while proponents of the bill received $2.65 million.
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