The Bank of New York Mellon Corporation's PAC funded 3 members of Congress. 1 of them are connected to the company in two more ways.
The Bank of New York Mellon Corporation — money, a committee seat, and the stock
First, the money: The's PAC spread $21K across 3 members' campaigns.
Then the access: 1 of those funded members — McClain — sit on the Financial Services committee, with jurisdiction over financial services.
Financial services is The's industry — and that committee is where its rules, funding, and oversight get written.
And the market: those same 1 members also traded BK — the stock of the company funding their campaigns.
The 1 member
| Member | PAC $ | Gifts | Committee | Trades |
|---|---|---|---|---|
| Lisa McClainR-MI | $10k | 5 | Financial Services | 4 |
The other 2 also took PAC money and disclosed BK 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.