TV News LIES

Friday, Oct 31st

Last update10:41:26 PM GMT

You are here News Politics After Watering Down Financial Reform, Ex-Senator Scott Brown Joins Goldman Sachs’ Lobbying Firm

After Watering Down Financial Reform, Ex-Senator Scott Brown Joins Goldman Sachs’ Lobbying Firm

E-mail Print PDF

Scott BrownDuring his nearly three years in the U.S. Senate, Scott Brown (R-MA) frequently came to the aid of the financial sector — watering down the Dodd-Frank bill and working to weaken it after its passage — and accepted hundreds of thousands of dollars in campaign cash from the industry.

Now, the man Forbes Magazine called one of “Wall Street’s Favorite Congressmen” will use those connections as counsel for Nixon Peabody, an international law and lobbying firm.

The Boston Globe noted Monday that while Brown himself will not be a lobbyist — Senators may not lobby their former colleagues for the first two years after leaving office, under the Honest Leadership and Open Government Act of 2007 — “he will be leaning heavily on his Washington contacts to drum up business for the firm.” The position will also allow him “to begin cashing in on his contacts with the financial services industry, which he helped oversee in the Senate.”

Among the lobbying clients represented by Nixon Peabody is Goldman Sachs, the Wall Street behemoth that reportedly skirted the Dodd-Frank rules . Brown received $10,000 in PAC contributions from Goldman and more than $100,000 in contributions from its employees.

More...


Most Recent Related Stories...


To vote in the Rust Belt, it takes more than an official photo ID

Voting in the rust beltNick Veron, 34, is a third-generation Elkhart factory man. He works on the same assembly line...

Court won’t force Georgia to find 40,000 missing voters

Michelle NunnTens of thousands of Georgia residents have submitted all required documentation, but have still not received...

Republican ISIL fear-mongering amplifies extremists' message, experts say

ISIS and the GOPIn one frame of the video, a masked fighter for the Islamic State of Iraq and...

The stealth return of Jim Crow: Millions threatened by poll purges

Jim Crow returns to US electionsElection officials in 27 states, most of them Republicans, have launched a program that threatens a...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!