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The U.S. Chamber in the News - October 11
Oil, business groups sue SEC over disclosure rule
Oil industry groups and the U.S. Chamber of Commerce are asking a federal court to overturn new Securities and Exchange Commission rules that will force oil, gas and mining companies to disclose their payments to foreign governments. The rules have been championed by an array of anti-poverty and human rights groups, and backers range from Bono to Bill Gates to George Soros. [The Hill]
State Court Justice, for Sale or Rent
The U.S. Chamber of Commerce, in particular, has become a powerful player in judicial races. From2001 to 2003 its preferred candidates won 21 of 24 elections. According to data from the National Institute on Money in State Politics, the chamber spent more than$1 million to aid the 2006 campaigns of two Ohio Supreme Court justices, and in the most recent high court election in Alabama, money from the state's chamber accounted for 40 percent of all campaign contributions.
Corporate Lobbyists Run Almost Every Pro-Romney Super PAC
Steven Law is president of Crossroads GPS and American Crossroads, the outside spending groups founded by Karl Rove. Law came to Rove from the US Chamber of Commerce, where he worked as a lawyer on the Chamber’s lobbying team. Law’s name appears on disclosures showing he played a role on the Chamber’s efforts to bail out the big banks, fight caps on bonuses to AIG and push for corporate tax cuts.
U.S. Chamber of Commerce endorses McMahon for Conn Senate seat
The Linda McMahon for Senate campaign announced today that the U.S. Chamber of Commerce has endorsed Linda McMahon’s candidacy for the U.S. Senate. [NorwalkPlus]