From Sheila Krumholz, OpenSecrets <[email protected]>
Subject OpenSecrets Newsletter: The railroad industry’s hold over Washington goes beyond Norfolk Southern
Date March 2, 2023 9:34 PM
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Your weekly money in politics newsletter. Donate Today [[link removed]]
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March 2, 2023
The railroad industry’s hold over Washington goes beyond Norfolk Southern
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The rail industry’s federal lobbying and political giving hit its lowest point in two decades in 2022 but its state-level giving is on the rise.
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‘Guardian angel’ donors poured more than $440.9 million into 73 federal super PACs during 2022 cycle
Super PACs benefitted from more than $440.9 million in donations from ‘guardian angel’ donors during the 2022 election cycle.
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Online platforms embroiled in Supreme Court cases on content moderation spend millions lobbying on internet legislation
Two Supreme Court cases are the latest fight in the war over social media platform's content moderation that has played out in courts and in lobbying disclosures.
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New federal indictment sheds light on former FTX CEO Sam Bankman-Fried’s alleged straw donor scheme
Campaign finance data provides additional clues regarding a new federal indictment unsealed Thursday that alleges Sam Bankman-Fried conspired to make unlawful political contributions in the names of two other FTX executives.
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Virginia General Assembly adjourns for 2023 after passing modest campaign finance reform
Four campaign finance reform bills cleared the the Virginia Senate. But only one survived the state’s Republican-controlled House of Delegates.
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New Member Profile: Rep. George Santos
[link removed] [[link removed]] The House Ethics Committee announced [[link removed]] a new investigation against Rep. George Santos on Thursday. Numerous complaints [[link removed]] were filed with the Department of Justice, the Office of Congressional Ethics and the FEC after Santos’ false claims called attention to unusual campaign finance disclosures and financial dealings, among other allegations.
OpenSecrets has launched new member profiles for the 118th Congress [[link removed]] , including Santos.
View Profile. [[link removed]]
OpenSecrets in the News
See our media citations from outlets around the nation this week:
Pledge of Non-Corporate Allegiance: What It Means to Forego Corporate PAC Money (WhoWhatWhy) [[link removed]]
Despite these candidates’ reputations as members of the left and right wings of their parties, their decision to forego donations from corporate political action committees is generally “less about ideological positioning than it is about relative fame with the national population,” said Sarah Bryner, director of research and strategy at the transparency organization OpenSecrets.
How Environmentally Conscious Investing Became a Target of Conservatives (The New York Times) [[link removed]]
Groups like the Texas Public Policy Foundation, which has been opposing climate action around the country, are supported by oil and gas companies. And the oil and gas industry continues to donate to Republicans at a far greater rate than it does to Democrats, according to data compiled by OpenSecrets.
How FTX’s Nishad Singh, Once an Honors Student, Turned to Crypto Crime (The Wall Street Journal) [[link removed]]
Mr. Singh became a liberal megadonor, giving $11.7 million last year to candidates, political-action committees and branches of the Democratic Party, according to OpenSecrets.org, a website that tracks political contributions.
CNBC [[link removed]]
The Guardian [[link removed]]
USA Today [[link removed]]
FiveThirtyEight [[link removed]]
Roll Call [[link removed]]
Reuters [[link removed](Reuters,FTX%20founder%20Sam%20Bankman%2DFried.]
WBUR [[link removed]]
Gothamist [[link removed]]
Sludge [[link removed]]
Responsible Statecraft [[link removed]]
South Carolina Public Radio [[link removed]]
San Gabriel Valley Tribune [[link removed]]
Washington Blade [[link removed]]
Las Vegas Review-Journal [[link removed]]
Indy Star [[link removed]]
Jacobin [[link removed]]
Grid [[link removed]]
The New Republic [[link removed]]
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