Kennedy Fails to Return Fossil Fuel Lobbyist Donations
The Joe Kennedy campaign told Sludge it would refund fossil fuel lobbyist donations that violate the No Fossil Fuel Money pledge, which Kennedy signed, but it appears it did not follow through.
The Joe Kennedy campaign told Sludge it would refund fossil fuel lobbyist donations that violate the No Fossil Fuel Money pledge, which Kennedy signed, but it appears it did not follow through.
A lobbyist for natural gas and pipeline companies gave Kennedy the legal maximum contribution, a violation of the No Fossil Fuel Money pledge that Kennedy signed.
While candidates in the race for Joe Kennedy's seat have sworn off super PAC backing and corporate PAC money, many are still accepting large donations from powerful health care CEOs, pharma lobbyists, and private equity firms.
Rep. Joe Kennedy said this week that his family trusts had divested from oil and gas company stocks, though one of the funds recently bought stock in Berkshire Hathaway, a conglomerate which owns natural gas and coal companies.
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.
Crowley is one of several revolving-door influence peddlers who will host an upcoming fundraiser for Kennedy.
His investments include stocks in oil giants Chevron and ExxonMobil.