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Visa and US Bank Pay for Freshmen to Party

Congressional newbies who feared they came to Capitol Hill too late to enjoy the famed convention parties thrown by corporate interests (a practice banned by recent ethics laws) will have a chance this afternoon to do just that. Visa and US Bank (a subsidiary of US Bancorp)--which have spent a total of $2.6 million on lobbying in the first six months of the year--are hosting a reception in the late afternoon for the freshman members of the House of Representatives. These lawmakers have also collected $19,450 in campaign contributions from the two companies' employees and PACs since they were elected.... (Continue)

Financial Industry Lobbyists Keep Bankers’ Hours

For every star-studded concert and poker tournament when the sun goes down over the Rockies, there are dozens of mundane corporate events during the day that resemble what goes on in Washington nearly every other day of the year. Such was the scene Tuesday at a daytime event sponsored by the Financial Services Roundtable, an influential alliance of the nation’s biggest banks, insurers, mortgage lenders, investment advisors, credit card companies.... (Continue)

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