Finance

Wall Street’s Biggest Supporter Could Lose Her House Seat

Ann Wagner, a senior Republican on the House Financial Services Committee, is in danger of losing a seat in suburban St. Louis, despite millions in bank donations.

Finance Primary category in which blog post is published

Tillis Pushed Deregulation That Helps His Top Donor, Blackstone Group, Bilk Small Investors

Besides being Tillis’ top campaign donor, Blackstone’s CEO has given $20 million to a super PAC attacking Democratic challenger Cal Cunningham.

Finance Primary category in which blog post is published

Bank Lobby’s Pro-Tillis Ad Follows Legislative Favors from the Senator

Deregulatory provisions from the banking industry's wishlist were sponsored by Tillis and added to the CARES Act.

Health Primary category in which blog post is published

Chris Coons’ Support of Corporate Immunity Could Benefit His Private Equity Donors

A subsidiary of Apollo Global Management—Sen. Coons’ second largest donor—backs a chain of nursing homes in New Jersey that have had high rates of infection and death during the pandemic.

Finance Primary category in which blog post is published

Joe Kennedy, a Top Recipient of Hedge Fund Cash, Declined to Back Tax Fairness Act

Unlike his Democratic Senate primary opponent Sen. Ed Markey, Rep. Joe Kennedy has declined in multiple sessions to co-sponsor legislation to end the carried interest tax loophole enjoyed by hedge fund and private equity managers.

Investments Primary category in which blog post is published

As Markets Crashed, DeVos Sold Shares in Secretive Cayman Island Fund

Billionaire Education Secretary Betsy DeVos sold up to $5 million in securities through an offshore fund that appears in the Paradise Papers.

2020 Primary category in which blog post is published

Arati Kreibich vs. the Human Fundraising Machine

A progressive challenge for Trump’s favorite New Jersey Democrat

Finance Primary category in which blog post is published

CFPB Attorney Who Helped Water Down Payday Lending Rule Operated a High-Cost Auto Lender

Christopher G. Mufarrige ran a Buy Here Pay Here used car lot in Texas before joining CFPB and working on payday lending regulations.