Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 40/74
David
Vitter
U.S. Senate · R-LA
Taken from the card industry
$31,100
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 40/74
Card-Issuing Banks$21,600
Credit Cards$9,500
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 40 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
$31,100
The industry spent on the bill
$100M+
on an eight-year industry push to pass the bankruptcy bill
Then, after office
Became a lobbyist for a Russian bank and a drug distributor.
Source: The Advocate; Politico
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$21,600
Am. Bankers Assn.$10,000
Am. Financial Services$8,000
Wells Fargo$3,600
Credit Cards$9,500
Consumer Bankers Assn$7,500
Capital One$2,000