Wednesday, June 27, 2012

NEW YORK ATTORNEY GENERAL TO INVESTIGATE CHAMBER OF COMMERCE’S LOBBYING ACTIVITIES

New York Attorney General Eric Schneiderman has launched an investigation into the contributions of “tax-exempt groups that are heavily involved in political campaigns, focusing on a case involving the U.S. Chamber of Commerce, which has been one of the largest outside groups seeking to influence recent elections but is not required to disclose its donors,” the New York Times reports. Schneiderman is “seeking e-mails, bank records and other documents to determine whether the foundation illegally funneled $18 million to the chamber for political and lobbying activities.” The Chamber spent $66 million on lobbying in 2011 and has “pledged to spend at least $50 million on issue ads during the 2012 election cycle.” Recent reports have revealed that health insurers funneled at least $102.4 million through the Chamber in an effort to defeat Obamacare and undermine its implementation.

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