Elizabeth Warren SHOULD NOT be on the Senate Banking Committee

[amborin]

27. only those who've received big donations from JP Morgan should be permitted;

The Center for Responsive Politics notes that committee members, on both sides of the aisle, have benefitted from donations by Dimon personally and by bank's PACs. Dimon has personally contributed to committee members Bob Corker (R-TN) and Mark Warner (D-VA). Dimon has also contributed to the top Republican Richard Shelby (R-AL) and the top Democrat Chairman Tim Johnson (D-SD).



http://www.propublica.org/article/charting-the-cozy-connections-between-jp-morgan-and-the-senate-banking-comm

One current staffer on the Senate banking committee, Dwight Fettig, is a former lobbyist for JP Morgan [5]. In 2009, the bank hired him to work on “financial services regulatory reform.” Meanwhile, JP Morgan is stacked thick with former committee staff.

· Naomi Camper – Currently a lobbyist for JP Morgan. Prior to that, from 2001-2004, she was an aide [6] to Senator Johnson.

· Kate Childress –A JP Morgan lobbyist since 2008 [7], she is also a former aide [8] to Chuck Schumer, D-N.Y., who sits on both the Senate Banking and Finance committees.

· Steven Patterson –A JP Morgan lobbyist [9] and formerly a staff director [10] for economic policy for the Banking committee.

· Nate Gatten— A JP Morgan lobbyist based in London who was reportedly called back to Washington [11] recently to help with the company’s damage control. He is a former lobbyist for Fannie Mae, and, in the 1990s, was a banking aide [12] to former Senator Robert Bennett, R-Utah, who also sat on the committee.

· P. Michael Nielsen – A lobbyist with a firm run by former Senator Bennett, he has been retained by JP Morgan [13] for help with federal probes, according to Bloomberg. He was also a senior policy adviser [14] to the committee from 2007 to 2010.

American Banker also reported that three other [15] outside lobbyists currently working for JP Morgan were once affiliated with the committee:

· Jason Rosenberg – A lobbyist at The Glover Park Group and formerly an aide [16] to Jon Tester, D-Mont., who sits on the committee.

· Jenn Fogel-Bublick – A lobbyist at McBee Strategic Consulting and formerly a Democratic counsel [17] on the committee.

· Mike Chappell – A lobbyist for Fierce, Isakowitz & Blalock and a former press assistant [18] to Senator Roger Wicker, R-Miss., another committee member.

A former senator on the committee, Mel Martinez, R-Fl., is also now the JP Morgan exec in charge of Florida, Central America, and the Caribbean. Martinez was elected to the Senate in 2004 [19] and went to the bank in 2010. Bloomberg reported that he was called to Washington [11] after the losses were reported.

Lobbyists for JP Morgan appear to be keeping busy. The bank spent $7.6 million on lobbying last year [20], according to the Center for Responsive Politics.