House Democrats Circumvent Anti-Corporate PAC Pledge

Washington Free Beacon | 4/9/2019 | Haris Alic
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BY: Haris Alic

House Democrats are accepting thousands of dollars from big business lobbyists, despite pledging not to accept corporate PAC donations.

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Of the 43 House Democrats that have disavowed corporate PAC money, a large number have taken personal donations from corporate lobbyists or have allowed such individuals to host fundraisers on their behalf, as first reported by Politico.

On of those Democrats, freshman congressman Gil Cisneros (Calif.), permitted lobbyists representing international conglomerates like AT&T, Microsoft, Comcast, Pfizer, Verizon, and Wells Fargo to host a fundraiser on his behalf in March. The event netted Cisneros a total of $15,000 as he gears up to seek reelection in a prime swing seat next year.

Donations - Nothing - Cisneros - Campaign - Cisneros

The top-dollar donations are nothing new for Cisneros. During his 2018 campaign, Cisneros raised more than $436,000 from large dollar donors in the finance, insurance, and real estate industries, according to the Center for Responsive Politics. Some of Cisneros's top campaign contributors were employed by corporate powerhouses like Bain Capital and Goldman Sachs. Of his total fundraising, more than $1.6 million was from large individual contributors, while only $569,000 came from small donors.

Cisneros took the money even though he campaigned on ending the "corrosive" impact of special interest spending on "democracy."

PAC - Money - Campaign… - Money - Politics

"I will not accept any PAC money to my campaign….We need to do much more to get corporate money out of politics," Cisneros said shortly after announcing his campaign in 2017. "Corporate special interests have dominated our politics for too long, and Congress needs to enact real campaign finance reform."

The 2018 contest in California's 39th congressional district, which Cisneros won narrowly after a week-long recount, was the most expensive non-special election House race in...
(Excerpt) Read more at: Washington Free Beacon
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