Meet The Corporate Chairmen: Incoming Committee Chairs Have Deep Ties To Lobbyists And Big Business

[deminks]

http://thinkprogress.org/2010/11/04/incoming-committee-lobbyists-business/

One of the results of Tuesday’s Republican takeover of the House of Representatives is the future installation of new chairmen in the chamber’s various committees. While none of the upcoming chairmanships are set in stone — members have to run and be elected to chair committees — it is generally true that ranking members of these committees are the ones most likely to take over.

Today, the nonpartisan Center for Public Integrity (CPI) released a report titled “The Chairmen: New House Leaders Have Familiar Ties to Business, Revolving Door,” which takes a close look at the likely incoming chairmen of the various House committees. The CPI report finds that most of the likely incoming chairs “have deep ties to the business community or the industries they will soon oversee.” Here are some of the highlights of these possible chairmen with “deep ties” to lobbyists and big business:

(snip)

– Likely Financial Services Committee Chairman Rep. Spencer Bachus (AL): Bachus’s top PAC contributors are Bank of America and Wells Fargo, which have given him $45,000 and $35,000 respectively over the past four years. He has in the recent past made a specific request of financial lobbyists to give more to Republican candidates, saying Democrats “hammered” the financial industry with their financial regulatory reform legislation.

(snip)

– Likely Energy and Commerce Committee Chairman Rep. Joe Barton (TX): Barton’s most famous act of corporate fealty is apologizing to oil giant BP for government effots to hold it accountable following the company’s oil spill in the Gulf Coast. Barton has received $37,500 from the PAC of oil giant Koch Industries since 2007. At least half a dozen of his former staffers have gone into lobbying work. In 2008, he secured “$2 million earmark for Carbon-Carbon Advanced Technologies, a company located inside his district. He secured the firm another $3.2 million in 2010.”

[OHdem10]

1. What more can we expect from the CorporateRepub Party??

Wholly owned subsidiary of the Chamber of Commerce.