Grassley Fundraiser Hosted by Mortgage, Insurance Lobbyists and PAC
Special interest fundraiser comes after Grassley voted against bill opposed by hosts to allow bankruptcy judges to renegotiate mortgages
"Sen. Grassley appears to be cashing in from the mortgage bankers for his recent vote to prevent bankruptcy judges from renegotiating the terms of mortgages in order to prevent foreclosures to keep people in their homes," said
"In the weeks to come, will Sen. Grassley again listen to them and their campaign money, or to constituents back home who are hurting because of the failures of Wall Street, the banks, regulators, and Congress?"
According to the Center for Responsive Politics, Sen. Grassley has raised nearly
The hosts of the fundraiser include representatives of the Mortgage Bankers Association, the Mortgage Insurance Companies of America,
A background document on each host and Grassley's fundraising is available online at http://www.campaignmoney.org/finance/grassley.
Public Campaign Action Fund is a national nonprofit organization that works to advance comprehensive public financing of campaigns and to hold elected officials accountable for the favors they give to special interests.
SOURCE Public Campaign Action Fund
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