Sunday, February 17, 2013

JPMC Lobbying and What You Can Buy :/

JPMorgan Chase & Co

HEAVY HITTERAbout Heavy Hitters
JPMorgan Chase is one of the nation’s leading financial services firms, offering commercial and consumer banking and credit services, securities brokerage and financial consulting. Like the rest of the finance sector, the company hit hard financial times in 2008 and received billions of dollars in taxpayer money to re-gain its footing. hide
Through its subsidiary Chase Bank, the company has traditionally been one of the top consumer credit card issuers in the country. As expected, the firm has lobbied heavily on legislation that would affect the nation’s financial industry, including bankruptcy reform and banking deregulation. In 2002, federal investigators launched a probe into the firm’s relationship with former energy giant Enron. Prior to the energy firm’s collapse, JPMorgan Chase had been one of the company’s largest financial backers. During the 2010 election cycle, JPMorgan Chase vowed to not run political advertisements despite the 2010 decision in Citizens United v. Federal Election Commission that allows corporations to make independent political expenditures.
 
CONTRIBUTIONS
$4,586,875
ranks 45 of 20,912
LOBBYING
$8,060,000 (2012)
$7,620,000 (2011)
ranks 46 of 4,339 in 2012
OUTSIDE SPENDING
$0
MEMBERS
INVESTED
44

CONTRIBUTIONS: $4,586,875

Total contributions to PACs, parties and outside spending groups: $1,607,471
Total contributions to candidates: $2,979,404
Top Candidate Recipients, 2011-2012
Mitt Romney (R) $833,096
Barack Obama (D) $294,847
Mark Warner (D-VA) $80,150
Scott Brown (R-MA) $67,950
Bob Corker (R-TN) $59,750
The total of contributions to candidates from JPMorgan Chase & Co individuals is 3 times larger than contributions from PACs

Contributions from Individuals
$2,137,181

Contributions from PACs
$842,223

LOBBYING: $8,060,000 (2012)

REVOLVING DOOR

53 out of 60 JPMorgan Chase & Co lobbyists in 2012 have previously held government jobs
See their employment history by clicking on their RevDoor icon here

TOP ISSUES LOBBIED, 2012

  1. Banking
  2. Finance
  3. Housing
  4. Veterans Affairs
  5. Taxes
 http://www.opensecrets.org/orgs/summary.php?id=d000000103
 

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