Thursday, June 17, 2010

The Revolving Door: From Congressional Staffer to Financial Industry Lobbyist

From the Center for Responsive Politics:

Lobbyists for the financial services industry enjoy longstanding ties to the members of Congress who were named this week to the conference committee on financial reform legislation, according to a joint analysis of available data released today by Public Citizen and the Center for Responsive Politics.

At least 56 current industry lobbyists previously served on the personal staffs of the 43 members of Congress named Wednesday to the conference committee, according to the study, available here:
ConferenceKlatchReport.pdf. Notably, these figures do not include 59 lobbyists who served on either the Senate or House of Representatives banking committee but never worked directly for a member. Those lobbyists were enumerated in a report published in early June by Public Citizen and the Center for Responsive Politics.