Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 19/74
Debbie
Stabenow
U.S. Senate · D-MI
Taken from the card industry
$93,389
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 19/74
Card-Issuing Banks$85,758
Credit Cards$7,631
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 19 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
$93,389
The industry spent on the bill
$100M+
on an eight-year industry push to pass the bankruptcy bill
Through the leadership PAC
Beyond the campaign account, a leadership PAC under Stabenow's control (Great Lakes PAC) took $345,000 from banks, card lenders, drug makers and insurers.
Source: FEC; Great Lakes PAC
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.
Card-Issuing Banks$85,758
Citigroup$31,950
JPMorgan$27,450
Am. Bankers Assn.$10,500
Wells Fargo$9,158
Bank of America$6,700
Credit Cards$7,631
Mastercard$5,800
Discover$1,831