--2 Lib Group Implies Teague Took $53k To Save Big Banks Billions
         
Nov. 24, 2014

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Lib Group Implies Teague Took $53k To Save Big Banks Billions

December 9, 2009, 12:00 am
By Corey Pein
teagueThis week's SFR draws attention to an oil-industry tax break extension sponsored by oilman and US Rep. Harry Teague, D-NM, a newbie to Congress whom conventional wisdom describes as "vulnerable."

Yesterday, Public Citizen put out a list meant to shame Congressional opponents of key reforms in the financial sector who had taken big money from...the financial sector. Teague was on that list. From Public Citizen:
Dec. 8, 2009 – Representatives sponsoring two amendments that would weaken critical consumer protections in financial reform legislation have received at least $2.3 million from the financial services sector since the beginning of 2009, according to Public Citizen's analysis of data provided by the Center for Responsive Politics (www.opensecrets.org).

An amendment sponsored by Rep. Melissa Bean (D-Ill.) would block states from enforcing their own consumer protections laws. A second amendment, sponsored by Rep. Walter Minnick (D- Idaho), would set up a feckless alternative in place of the proposed Consumer Financial Protection Agency.

teagueminnick

h/t Harper's, who calls these lawmakers "The Bankers' Financial Protection Agency."
The Bankers' Financial Protection Agency

 

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