Tuesday, April 24, 2012

Three-Quarters Of Money Raised By Top Romney Bundlers Come From Lobbyists For Big Energy, Financial Services

http://thinkprogress.org/climate/2012/04/24/470331/romney-bundlers-lobbyists-big-energy-financial-services/

By Josh Israel posted from Climate Progress on Apr 24, 2012 at 6:40 pm

New disclosures filed Friday show that the Romney campaign has now received about $3 million in “bundled” contributions collected by registered lobbyists. And about three-quarters of that total was collected by lobbyists who represent either polluter interests (oil, gas, and coal — or the energy companies that burn them), financial sector interests, or both.

Though Romney has not voluntarily disclosed any campaign bundlers who are not lobbyists, federal law requires that he identify major bundlers who are. To date, the campaign has identified 22 lobbyist bundlers who each raised $17,000 or more.

A ThinkProgress analysis of the data shows that 13 represent Big Energy and Big Finance — and between them, they collected more than $2.2 million in donations.

They are:

.....

Romney’s strong support from powerful Wall Street and energy lobbyists is unsurprising given his proposals to repeal the Wall Street Reform and Consumer Protection Act and undo environmental protections — and his support for continuing subsidies for Big Oil.

As ThinkProgress previously reported, Romney’s lobbyist-bundler list also includes Ignacio E. Sanchez ($86,700) of DLA Piper, a registered foreign agent for the United Arab Emirates and a birther presidential candidate in the Dominican Republic.

President Obama does not accept campaign contributions donated or bundled by federal lobbyists or foreign agents. His campaign voluntarily discloses all of its major bundlers. He also voluntarily discloses all of his major bundlers, as did Sen. John McCain (R-AZ) and President George W. Bush (R) in their 2000, 2004, and 2008 races.

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