Financial Industry Banking on Campaign Cash

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The New York Times ran a story yesterday on the re-regulation of the financial industry in Congress and how the impact of huge amounts of campaign cash poured in by the industry has affected efforts for reform.

 

“The banks run the place,” Rep. Peterson said. “I will tell you what the problem is — they give three times more money than the next biggest group. It’s huge the amount of money they put into politics.”

 

For the full story, click here.