Posts from Sludge

Committee Asking for More War Ships Is Led by a General Dynamics-Funded Rep

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Chairman Joe Courtney has received $237,000 from General Dynamics' PAC and employees over his House career.

From Sludge
On July 29, 2021

Congress Won’t Stop Trading Stocks

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Researchers studying congressional stock ownership have found that the practice has effects on lobbying activity and potentially on market movements.

From Sludge
On July 27, 2021

The DCCC’s Top Bundler Is an Oil Lobbyist

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Saving the planet from a climate change tipping point that will trigger social collapse and widespread human death from fires, floods, and starvation requires urgent global action. Oil companies are not going to voluntarily stop extracting and burning fossil fuels for profit, so it’s up to politicians and regulators to step in and stop them.  […]

From Sludge
On July 22, 2021

Corporate Giants Mum on Chamber’s Lobbying Against Voting Rights Bill

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As the U.S. Chamber of Commerce spends big on lobbying against the For the People Act, some member companies earned low grades on a new voting rights scorecard.

From Sludge
On July 20, 2021

Altria’s PAC Reports First Donation to an Election Results Objector

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Several companies that said they were indefinitely pausing their PAC donations after January 6 are confronting the reality of wanting to help re-elect pro-business allies to Congress and are back to supporting Republicans who objected to certifying 2020 presidential election results.  Of the six senators who voted in favor of sustaining Sen. Ted Cruz (R-Texas) […]

From Sludge
On July 15, 2021

Pharma Companies Spend Billions More on Stock Buybacks Than Developing Drugs, House Report Finds

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The largest drugmakers spent $56 billion more on stock buybacks and dividends than on research and development from 2016 to 2020, according to a new House committee report.

From Sludge
On July 13, 2021

Infrastructure Month in Congress, For Real, This Time, Maybe

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Democrats have given themselves just a few weeks to pass a preliminary budget resolution for one of two infrastructure bills moving in tandem.

From Sludge
On July 8, 2021

Paul Pelosi Invests in Alphabet as Congress Weighs Breaking Up Big Tech

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Days before the House of Representatives took its first votes on legislation to break up big technology companies, House Speaker Nancy Pelosi’s husband Paul Pelosi exercised a call option and bought 4,000 shares of stock in Google parent Alphabet, worth nearly $5 million.  The Alphabet investment was disclosed this morning in a periodic transaction report […]

From Sludge
On July 6, 2021

Feigning Shock Over Lobbyist Comments, ExxonMobil Continues Funding Climate Denial Groups

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ExxonMobil CEO and chairman Darren Woods said yesterday he was “shocked” that one of the company’s lobbyists was caught in a Greenpeace sting video saying that the company is being disingenuous when it publicly claims to support policies like a carbon tax to address climate change.

From Sludge
On July 1, 2021

Big Tech-Funded Groups Lobby Against Antitrust Bills

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Last week, a House committee approved a sweeping package of antitrust bills, one overcoming opposition from Democrats hailing from tech industry-heavy California.

From Sludge
On June 29, 2021

Koch Industries Is the Top Corporate PAC Donor to the ‘Sedition Caucus’ Since Jan. 6

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Despite Charles Koch's rebrand as a bridge builder, his company's PAC keeps supporting 2020 presidential election result objectors.

From Sludge
On June 24, 2021

Publicly-Funded Weapons Companies Donate to Election Objectors

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Top defense contractors have quietly restarted their PAC donations after a pause, including to Republican election objectors.

From Sludge
On June 22, 2021

Fossil Fuel-Funded Think Tank Takes Tonko to Coal Country

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The Bipartisan Policy Center is a D.C. think tank that presents itself as being above the fray of petty politics and concerned instead with the very serious business of crafting policies built on “the best ideas from both parties.” It was founded in 2007 by four former Senate majority leaders who had moved into the […]

From Sludge
On June 17, 2021

To ‘Electrify Everything,’ Blockchain Projects Dial Up Green Energy

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Decentralized technology is being used to swap carbon offsets internationally, create peer-to-peer energy trading, and promote greater renewable energy in power grids.

From Sludge
On June 15, 2021

Dems Pass on Using Key Power to Kill Trump Rules

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Multiple unfilibusterable bills to reverse Trump rules have been left to die.

From Sludge
On June 10, 2021