What It’s Worth to Be Committee Chairman
By ERIC LIPTON
NYT
A gavel and a bigger staff are not all that come with the job as chairman of a House committee. As is widely known, it almost certainly translates into a surge in donations to campaign accounts, as corporations and lobbyists whose business affairs are regulated by the committee attempt to make nice with the new bosses.
A study released on Wednesday documents just how extraordinary this jump in contributions can be, for both Democrats and Republicans, who serve as committee chairman or the ranking minority member.
The report by Citizens for Responsibility and Ethics in Washington examined 10 important House committees — including Financial Services, Energy and Commerce, Natural Resources, Armed Services and Agriculture. The study compared how much the two most senior members of these committees raised in campaign contributions in the 1998 election cycle, before they were leaders, with their fund-raising totals in 2010, when they were either already the chairman or ranking member — or about to take over one of those jobs.
(More here.)
NYT
A gavel and a bigger staff are not all that come with the job as chairman of a House committee. As is widely known, it almost certainly translates into a surge in donations to campaign accounts, as corporations and lobbyists whose business affairs are regulated by the committee attempt to make nice with the new bosses.
A study released on Wednesday documents just how extraordinary this jump in contributions can be, for both Democrats and Republicans, who serve as committee chairman or the ranking minority member.
The report by Citizens for Responsibility and Ethics in Washington examined 10 important House committees — including Financial Services, Energy and Commerce, Natural Resources, Armed Services and Agriculture. The study compared how much the two most senior members of these committees raised in campaign contributions in the 1998 election cycle, before they were leaders, with their fund-raising totals in 2010, when they were either already the chairman or ranking member — or about to take over one of those jobs.
(More here.)
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