FOR IMMEDIATE RELEASE
July 22, 2011
11:20 AM

CONTACT: Maplight

Pamela Heisey
Phone: 510-868-0894
Email: pamela@maplight.org

US House Votes to Weaken Bureau of Consumer Financial Protection

WASHINGTON - July 22 - The U.S. House of Representatives on Thursday voted 241-173 to pass a bill that would weaken the newly formed Consumer Financial Protection Bureau.

The bill was supported by members of the financial services industry, including the American Bankers Association, the American Financial Services Corporation, the Mortgage Bankers Association, and the U.S. Chamber of Commerce. The bill was opposed by a collection of unions and consumer groups, including the American Federation of State, County and Municipal Employees, Consumer Watchdog, the Greenlining Institute, the NAACP, and the SEIU.

Methodology: MapLight analysis of campaign contributions to House members in office on day of vote, from interest groups invested in the vote according to MapLight, January 1, 2009 - December 31, 2010. Contributions data source: OpenSecrets.org.

A link to this data release and a spreadsheet of MapLight's data analysis can be found here.

MapLight is a nonpartisan political money tracker.

###
Comments are closed

1 Comment so far

Show All

Comments

Note: Disqus 2012 is best viewed on an up to date browser. Click here for information. Instructions for how to sign up to comment can be viewed here. Our Comment Policy can be viewed here. Please follow the guidelines. Note to Readers: Spam Filter May Capture Legitimate Comments...