They've got muck; we've got rakes. TPM Muckraker

Report: 56 Financial Lobbyists Once Worked For Lawmakers Now Negotiating Financial Reform

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Newscom

In addition to the lobbyists with direct ties to the conference committee members, Public Citizen's investigation found 59 lobbyists who have previously worked on either the Senate or House of Representatives banking committees.


The financial services industry's links to the Senate's representatives on the panel are particularly extensive. Collectively, 41 industry lobbyists once worked on the legislative staffs of the committee's 12 senators. And each senator once employed at least one current lobbyist.




The chairman and ranking members of the Senate Committee on Banking, Housing and Urban Affairs, Sens. Chris Dodd (D-Conn.) and Richard Shelby (R-Ala.), employed the most industry lobbyists - eight each. At least seven current financial services lobbyists once served as chief of staff to a member of the conference committee.

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