Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 15/74
John
Sununu
U.S. Senate · R-NH
Taken from the card industry
$112,156
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 15/74
Card-Issuing Banks$99,656
Credit Cards$12,500
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 15 of 74 · tap the card to see who they work for
Beyond the check
The check is only the part you can see.
They took
$112,156
The industry spent on the bill
$100M+
on an eight-year industry push to pass the bankruptcy bill
Then, after office
Took board seats at a BNY Mellon trading affiliate, a New Hampshire bank, and Lloyd's of London.
Source: company filings
The industry figure is lobbying spent on the bill, not a payment to this senator. Source: contemporary reporting (NBER; PBS Frontline). Everything here is documented public record; nothing alleges an illegal act.
Don't recognize a logo? Here's the key.
Card-Issuing Banks$99,656
Citigroup$29,200
JPMorgan$27,800
Bank of America$23,156
Am. Bankers Assn.$10,000
Wells Fargo$8,500
Am. Financial Services$1,000
Credit Cards$12,500
Visa$10,500
American Express$2,000