Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Top GOPer on House Finance Committee got him some "woke" donations from Signature Bank!
Signature Bank Threw a Fundraiser for the Congressman Now Probing How It Failed
GOP’s McHenry chairs the House Financial Services Committee
Campaign says donations from event won’t be processed
https://www.bloomberg.com/news/articles/2023-03-20/signature-threw-a-fundraiser-for-mchenry-just-before-it-crumbled
McHenry is chairman of the House Financial Services Committee, which has announced a bipartisan hearing into the collapse of Signature and Silicon Valley Bank next week, “the first of multiple.” On Monday, McHenry and Senator Tim Scott, the top Republican on the Banking Committee, demanded the Federal Reserve and FDIC provide information on their oversight of the two failed banks for the last two years and save all records.
McHenry has been the bank’s favorite member of Congress since 2017. Signature’s employees have given him a little more than $188,000, almost triple the $66,000 they’ve given to Minnesota’s Tina Smith, a Democratic member of the Senate Banking Committee who has received the second highest amount from them.
Among current members of Congress, Senate Majority Leader Charles Schumer was next with $45,000. All other Republican candidates got a little more than $41,000 in total from Signature’s employees over the same period, a Bloomberg analysis of Federal Election Commission records shows. Overall, Democrats took in $284,000 from Signature employees, about $53,000 more than Republicans.
The bank’s board enjoyed connections to both parties. Barney Frank, who was co-author of the Dodd-Frank Act after the 2008 crisis, joined the bank’s board after the Massachusetts Democrat left Congress in 2013. Ivanka Trump was a director, too.
McHenry has been the bank’s favorite member of Congress since 2017. Signature’s employees have given him a little more than $188,000, almost triple the $66,000 they’ve given to Minnesota’s Tina Smith, a Democratic member of the Senate Banking Committee who has received the second highest amount from them.
Among current members of Congress, Senate Majority Leader Charles Schumer was next with $45,000. All other Republican candidates got a little more than $41,000 in total from Signature’s employees over the same period, a Bloomberg analysis of Federal Election Commission records shows. Overall, Democrats took in $284,000 from Signature employees, about $53,000 more than Republicans.
The bank’s board enjoyed connections to both parties. Barney Frank, who was co-author of the Dodd-Frank Act after the 2008 crisis, joined the bank’s board after the Massachusetts Democrat left Congress in 2013. Ivanka Trump was a director, too.
Oh the corruption...how deep you run,
