Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 17/74
Kay
Hutchison
U.S. Senate · R-TX
Taken from the card industry
$101,757
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 17/74
Credit Cards$79,950
Card-Issuing Banks$21,807
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 17 of 74 · tap the card to see who they work for
Beyond the check
The check is only the part you can see.
They took
$101,757
The industry spent on the bill
$100M+
on an eight-year industry push to pass the bankruptcy bill
Then, after office
A former bank general counsel who joined a mobile-payments company's board after the Senate.
Source: PR Newswire
The industry figure is lobbying spent on the bill, not a payment to this senator. Source: contemporary reporting (NBER; PBS Frontline). Everything here is documented public record; nothing alleges an illegal act.
Don't recognize a logo? Here's the key.
Credit Cards$79,950
MBNA$75,000
Capital One$2,750
Discover$2,200
Card-Issuing Banks$21,807
Am. Bankers Assn.$10,000
Bank of America$5,157
Citigroup$4,400
Wells Fargo$2,250