American Bankers Association Creates Slush Fund for Secret Campaign Spending

By: Thursday September 6, 2012 1:59 pm

The American Bankers Association, a trade group for thousands of banks headed by former Oklahoma Governor Frank Keating, voted to start a legal entity for this federal campaign cycle, adding millions of dollars into an already overstuffed election. The ABA entity would reportedly donate to existing Super PACs, so that the member banks can keep [...]

Lobbying Memo Seeks Methods to Discredit Occupy Movement

By: Saturday November 19, 2011 8:57 am

Visit msnbc.com for breaking news, world news, and news about the economy MSNBC’s Chris Hayes broke some news this morning. He obtained a memo from a DC lobbying firm spelling out a strategy to undermine Occupy Wall Street. The proposal was written on the letterhead of the lobbying firm Clark Lytle Geduldig & Cranford and [...]

American Bankers Association Opposes FinReg Because It Protects Consumers Too Much

By: Monday June 28, 2010 10:40 am

The American Bankers Association, the largest trade organization of financial firms, formally opposed the Dodd-Frank Wall Street reform bill today, not on the grounds that it constrains Wall Street profits or places too many restrictions on their core business. They make some nods to new regulations that will, in their eyes, “limit the ability of [...]

Banking Lobby Wanted To Separate Consumer Protection In 2006, Not Now

By: Tuesday March 30, 2010 9:42 am

I noted yesterday that consumer protection has a role to play in financial reform, just not the main role. But that doesn’t mean the bank lobbyists seeking to kill it aren’t employing the most absurd arguments in their quest. Elizabeth Warren offers an example of this tautological reasoning: ABA lobbyists now aggressively insist that separating [...]

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