106 Search Results Found For: "revolving door"

Can Congress effectively police itself and stop corruption? We visited the Senate Ethics Office, and found a pretty blatant example of how lawmakers exploit a loophole in a rule designed ostensibly to stop revolving door bribery. In 2007, in the wake of the Jack Abramoff scandal, in which it became obvious that many lawmakers and
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Last year, Arkansas Representative Mike Ross was the Democratic co-sponsor of an amendment to delay the US Environmental Protection Agency from enforcing the Cross-State Air Pollution rule, which would curb the amount of soot and other dangerous chemicals released by industry. Regulators estimate that the rule could prevent 520 premature deaths in Arkansas every year, particularly because the
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Earlier this week, Republic Report exclusively reported on a $500,000 bonus awarded to a Northrop Grumman lobbyist, named Thomas MacKenzie, who was hired to become a top staffer overseeing the military budget in the House Armed Services Committee. The unusual size of the bonus, and MacKenzie’s role in deciding how billions of dollars in taxpayer
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Northrop Grumman, the fourth largest weapons maker in the world, follows the actions of Congress very closely. The F-35, which may cost over $1.45 trillion because of unprecedented cost overruns, an expensive surveillance drone program criticized as unnecessary, and even a new fleet of nuclear bombers are among the Northrop Grumman products that may be
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Earlier today, the House of Representatives moved to help save $30 million dollars for medical device companies while defunding programs designed to expand health coverage for ordinary Americans. The House took action on legislation to “repeal a 2.3 percent excise tax on gross sales receipts in excess of $5 million for manufacturers and importers of
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EdWeek reports that presumptive GOP presidential nominee Mitt Romney has named the members of his K-12 Education Committee for his campaign: Serving as Rommey’s K-12 committee co-chairs will be Nina S. Rees, a former assistant deputy secretary for innovation and improvement at the U.S. Department of Education and currently the senior vice president for strategic
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The Senate Banking Committee is responding to outrage over the news that J.P. Morgan lost some $3 billion in customer money because of a risky trading strategy. The committee is preparing for two hearings with regulators, and Senator Tim Johnson (D-SD), chair of the committee, is hoping that Jamie Dimon will testify in the near
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How much does corruption cost you?  When you use a non-network ATM, it’s usually a $3 fee, just for accessing your own money.  The cost to the bank charging you that money, however, is just 37 cents.  That’s price gouging, and when you add it all up, it’s a total of $7 billion annually that goes from those
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