Big Bank Lobby Pumps Millions Into Corporate Dems’ Super PACs
The Financial Services Forum's new dark money arm has quietly pumped nearly $6 million into super PACs backing the party's most Wall Street-friendly Democrats.
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Finance
Private Equity Quietly Scores a Bipartisan Win in Congress
With backing from Wall Street trade group SIFMA, the House unanimously passed a bill to expand access to hedge funds, private equity, and other risky investment offerings.
No Labels Funnels Finance Money to Congress
Billionaire investor Howard Marks and private equity executives with firms like Bain Capital and Neuberger Berman made earmarked donations through a No Labels PAC this year.
Private Equity Giants Back Sinema in Q1
KKR, Blackstone, and The Carlyle Group employees made up nearly half of the senator's joint fundraising committee haul in the first three months of the year.
Illinois Billionaire-Funded Super PAC Floods Competitive Florida House Race With Negative Ads
Progress Pinellas PAC has spent $4.7 million on ads and mailers attacking Republican candidate Anna Paulina Luna.
Beatty and Gottheimer Funnel Private Equity Donations Through Pop-up Committee
The reps had campaigned to overturn a Trump-era tax hike on the wealthiest Americans.
The Bank-Funded Dems That Spiked Omarova’s Nomination
In October, Banking Committee member Sen. Jon Tester (D-Mont.) became the first Democrat to tell reporters that he had “concerns” about the nominee over Biden’s pick for a bank regulator, Dr. Saule Omarova.
Republicans Want Robinhood to Keep Ripping Off Day Traders
A new bill from Sen. Pat Toomey seeks to protect a time-honored tradition.
Republicans Haven't Always Been Against Lifting the Debt Limit
An analysis of past votes shows Senate Republicans have provided the majority of votes to lift the debt limit during Republican administrations.
Health Care and Hedge Fund Execs Fundraise for Gottheimer as He Leads Moderate Crusade Against Reconciliation Bill
Rep. Josh Gottheimer (D-N.J.) is the unofficial leader of a bloc of conservative Democrats opposing the up to $3.5 trillion budget reconciliation package.