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Friday, Dec 2 2011

iWatch News: K Street, Wall Street line up behind Sen. Scott Brown in his race against Elizabeth Warren

Dec 02, 2011

On December 2, 2011, iWatch News reported:

Sen. Scott Brown’s campaign and his political action committee are hustling for millions of dollars from K Street lobbyists and Wall Street interests to keep the Massachusetts seat of iconic Democrat Edward M. Kennedy in Republican hands.


Financial service lobbyists and other K Street advocates have for weeks been working hard to help the freshman senator win his high-stakes battle for re-election against Elizabeth Warren, a liberal Harvard law professor. Warren is anathema for many finance-sector lobbyists and Wall Street leaders who abhor the newly created Consumer Financial Protection Bureau— a centerpiece of the financial services overhaul—of which Warren was the intellectual architect.


Outside Democratic groups including a few Super PACs are providing crucial advertising backing and other support.

American Bridge 21st Century, a Super PAC that does opposition research, was an early ally. This fall, the group was credited by the Boston Globe with uncovering a personal values statement of Brown’s on his website that was almost identical to a passage in Elizabeth Dole’s autobiography. Rodell Mollineau, the president of American Bridge, told iWatch News that Warren’s “race is important to Democrats because we want a fighter for the middle class in the seat.”

Read the full article here

Published: Dec 2, 2011

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