Rep. Maxine Waters is embracing corporate campaign contributions as the new chairwoman of the House Financial Services Committee, even as some progressive Democrats have sworn off fundraising from businesses.
Waters' allowance for corporate PAC donations sets her apart from other liberal icons such as Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez, who have pledged to not take the money.
In the first quarter of his chairmanship in 2013, Hensarling's campaign raised $261,500 from political committees, including corporate PACs and $354,225 from individuals.
Insurers, which are lobbying Waters' committee on a range of issues, have given the biggest boost to her campaign coffers of any sector of the financial industry.
The industry hosted a March 12 fundraiser for Waters, and more than 20 insurance PACs contributed to her campaign in the first quarter.
TransUnion's PAC gave $5,000 to her campaign on Feb. 15, two weeks before its CEO testified with other credit reporting executives at a Financial Services hearing intended to showcase their companies' shortcomings.
Other corporate PACs that contributed to Waters' campaign included those operated by Amazon, NASDAQ and the Independent Community Bankers of America.
https://www.politico.com/story/2019/04/15/maxine-waters-wall-street-1357237
Waters' allowance for corporate PAC donations sets her apart from other liberal icons such as Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez, who have pledged to not take the money.
In the first quarter of his chairmanship in 2013, Hensarling's campaign raised $261,500 from political committees, including corporate PACs and $354,225 from individuals.
Insurers, which are lobbying Waters' committee on a range of issues, have given the biggest boost to her campaign coffers of any sector of the financial industry.
The industry hosted a March 12 fundraiser for Waters, and more than 20 insurance PACs contributed to her campaign in the first quarter.
TransUnion's PAC gave $5,000 to her campaign on Feb. 15, two weeks before its CEO testified with other credit reporting executives at a Financial Services hearing intended to showcase their companies' shortcomings.
Other corporate PACs that contributed to Waters' campaign included those operated by Amazon, NASDAQ and the Independent Community Bankers of America.
https://www.politico.com/story/2019/04/15/maxine-waters-wall-street-1357237
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