Wells Fargo has cut checks to congressional questioners' campaigns It's a different spin on the system of "checks and balances." Wells Fargo has cut checks to the congressional campaigns of politicians on both sides of the aisle, including some who are questioning CEO John Stumpf on Capitol Hill Tuesday. The Wells Fargo and Company Employee PAC has made donations to 20 of 22 members of the Senate Committee on Banking, Housing and Urban Affairs, including ranking Democrat Sen. Sherrod Brown and Republican Chairman Sen. Richard Shelby, according to a review of Federal Election Commission data. Among the GOP committee members, only Louisiana Sen. David Vitter did not receive a donation from Wells Fargo's PAC, and among Democrats, only Massachusetts Sen. Elizabeth Warren has not been the recipient of any PAC cash. CEO Stumpf has also donated personally to several senators who will grill him on Wells Fargo's fake account scandal on Tuesday morning... http://www.cnbc.com/2016/09/20/well...s-to-congressional-questioners-campaigns.html
You didn't realize this back in the fall of 2008? (Granted many have been lamenting this cronyism for decades)
Nitro...you seem to know politics pretty well...have a question for you. Who keeps track of all political donations? Who makes sure that part of any donations aren't just pocketed by the politician? Many politicians seem to get RICH while in office...Obama did. No one ever asks this question, as far as I know.
First, A list of the top contributors (selected for 2016 but you can change it to whatever). Even the Chicago Cubs is on that list !!! http://www.opensecrets.org/orgs/list.php Note that is nowhere near all of them. For example, the NRA isn't on that list but is a major contributor https://www.washingtonpost.com/graphics/national/nra-donations/ The US government is owned, plain and simple. It is disgusting, for example: Senators probing EpiPen price hike received donations from Mylan PAC http://www.cnbc.com/2016/08/26/sena...e-hike-received-donations-from-mylan-pac.html Or Here’s how much corporations paid US senators to fast-track the TPP bill https://www.theguardian.com/business/2015/may/27/corporations-paid-us-senators-fast-track-tpp As to the money and whether these looter scum can keep it or not, uh, they pocket it. The Republicans tend to be more up for sale than Democrats, but unprincipled greed is blind to political party. Note the one statistic that pops out, "The amounts given rise dramatically when looking at how much each senator running for re-election received." In other words, once you have proven to be able to take bribes and deliver results, you get the real payoff. Throw all of these people out of government! Institute laws that you cannot receive money or non-monetary favors of any kind while in office. Money. The following lost reveals who much money is flowing from government supported corporations that want to see TPP enacted for their own financial gain. Via The Guardian. Out of the total $1,148,971 given, an average of $17,676.48 was donated to each of the 65 “yea” votes. The average Republican member received $19,673.28 from corporate TPP supporters. The average Democrat received $9,689.23 from those same donors. The amounts given rise dramatically when looking at how much each senator running for re-election received. Two days before the fast-track vote, Obama was a few votes shy of having the filibuster-proof majority he needed. Ron Wyden and seven other Senate Democrats announced they were on the fence on May 12th, distinguishing themselves from the Senate’s 54 Republicans and handful of Democrats as the votes to sway. In just 24 hours, Wyden and five of those Democratic holdouts – Michael Bennet of Colorado, Dianne Feinstein of California (already a proponent but wanting some quick cash), Claire McCaskill of Missouri, Patty Murray of Washington, and Bill Nelson of Florida – caved and voted for fast-track. Bennet, Murray, and Wyden – all running for re-election in 2016 – received $105,900 between the three of them. Bennet, who comes from the more purple state of Colorado, got $53,700 in corporate campaign donations between January and March 2015, according to Channing’s research. Senator Rob Portman of Ohio, who is the former US trade representative, has been one of the loudest proponents of the TPP. (In a comment to the Guardian Portman’s office said: “Senator Portman is not a vocal proponent of TPP – he has said it’s still being negotiated and if and when an agreement is reached he will review it carefully.”) He received $119,700 from 14 different corporations between January and March, most of which comes from donations from Goldman Sachs ($70,600), Pfizer ($15,700), and Procter & Gamble ($12,900). Portman is expected to run against former Ohio governor Ted Strickland in 2016 in one of the most politically competitive states in the country. Seven Republicans who voted “yea” to fast-track and are also running for re-election next year cleaned up between January and March. Senator Johnny Isakson of Georgia received $102,500 in corporate contributions. Senator Roy Blunt of Missouri, best known for proposing a Monsanto-written bill in 2013 that became known as the Monsanto Protection Act, received $77,900 – $13,500 of which came from Monsanto. Arizona senator and former presidential candidate John McCain received $51,700 in the first quarter of 2015. Senator Richard Burr of North Carolina received $60,000 in corporate donations. Eighty-one-year-old senator Chuck Grassley of Iowa, who is running for his seventh Senate term, received $35,000. Senator Tim Scott of South Carolina, who will be running for his first full six-year term in 2016, received $67,500 from pro-TPP corporations. http://libertynews.com/2015/06/brea...re-paid-off-bribed-to-support-treasonous-tpp/
I called the Wells Fargo ethics line and was fired by Matt Egan @mattmegan5 September 21, 2016: 1:26 PM ET Your video will play in 00:08 Millions of phony accounts. Fake bank card PIN numbers. Fictitious email accounts. Wells Fargo admitted to firing 5,300 employees for engaging in these shocking tactics. The bank earlier this month paid $185 million in penalties and has since apologized. Now CNNMoney is hearing from former Wells Fargo (WFC) workers around the country who tried to put a stop to these illegal tactics. Almost half a dozen workers who spoke with us say they paid dearly for trying to do the right thing: they were fired. "They ruined my life," Bill Bado, a former Wells Fargo banker in Pennsylvania, told CNNMoney. Bado not only refused orders to open phony bank and credit accounts. The New Jersey man called an ethics hotline and sent an email to human resources in September 2013, flagging unethical sales activities he was being instructed to do. Eight days after that email, a copy of which CNNMoney obtained, Bado was terminated. The stated reason? Tardiness... http://money.cnn.com/2016/09/21/inv...-workers-retaliation-fake-accounts/index.html