Bank of America Corporation's PAC funded 6 members of Congress. 4 of them are connected to the company in two more ways.
Bank of America Corporation — money, a committee seat, and the stock
First, the money: Bank's PAC spread $74K across 6 members' campaigns.
Then the access: 4 of those funded members — Himes, Garbarino, McClain and 1 other — sit on the Financial Services committee, with jurisdiction over financial services.
Financial services is Bank's industry — and that committee is where its rules, funding, and oversight get written.
And the market: those same 4 members also traded BAC — the stock of the company funding their campaigns.
The 4 members
| Member | PAC $ | Gifts | Committee | Trades |
|---|---|---|---|---|
| Jim HimesD-CT | $36k | 20 | Financial Services | 1 |
| Andrew GarbarinoR-NY | $22k | 11 | Financial Services | 1 |
| Lisa McClainR-MI | $5k | 2 | Financial Services | 4 |
| John RoseR-TN | $2k | 1 | Financial Services | 1 |
The other 2 also took PAC money and disclosed BAC trades — but hold no current seat on a committee overseeing financial services.
PAC contributions are legal and disclosed. This surfaces co-occurrence of corporate donations, lobbying, and personal stock trades — not evidence of coordination or quid pro quo.