TV News LIES

Thursday, Apr 24th

Last update02:25:33 AM 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...


Supreme Court to rule on political campaigns’ pretty little lies

Supreme CourtIt turns out that there is a tenet in American politics that groups as diverse as...

Sen. Warren willing to take on system

Elizabeth WarrenHow has an earnest 64-year-old Harvard professor with a specialty in bankruptcy law emerged as a...

South Carolina Republicans Snub Desegregation Judge

Julius Waties WaringOf all the names of American heroes you probably don’t know, Julius Waties Waring has to...

Kansas speech by Michelle Obama draws complaints

Michelle ObamaIf expanding the guest list to include Michelle Obama at graduation for high school students in...
 
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!