Democratic Congress member Bennie Thompson of Mississippi is facing accusations he held a hearing on financial regulation to pressure credit card companies to give him campaign donations. The March hearing marked the first time Thompson’s House Homeland Security Committee had ever taken up credit card issues. Thompson’s staff members have reportedly told congressional ethics investigators they feared he was trying to secure donations. The Washington Post reports Thompson collected $15,000 in credit card industry and lobbyist donations within weeks of the hearing. Thompson has never followed through on a threat to impose tighter security standards that would have cost the credit card industry millions of dollars.
Rep. Thompson Accused of Using Hearing to Gain Donations
HeadlineDec 07, 2009