Neal’s Reconciliation Plan Lets Investment Managers Keep Their Tax Loophole
Richard Neal supported closing the carried interest loophole in 2007, then began receiving more donations from the securities and investment industry.
House Democrats
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It’s Not Just Manchin: The Top Energy Dem in the House Also Has Fossil Fuel Conflicts
Rep. Frank Pallone (D-N.J.), chair of the House Energy and Commerce Committee, benefits from investments in the fossil fuel industry while crafting climate policies.
Corporate-Backed Blue Dogs Threaten Democrats’ Budget Plan
Facing health care and climate crises, a group of six conservative House Democrats are seeking to pump the brakes on the largest federal investments in decades.
Pharma Companies Spend Billions More on Stock Buybacks Than Developing Drugs, House Report Finds
The largest drugmakers spent $56 billion more on stock buybacks and dividends than on research and development from 2016 to 2020, according to a new House committee report.
House Dems Launch PAC to Fight Progressive Primary Challengers
Its founders are among the top fundraisers from corporate PACs in the House Democratic caucus.