The Goldman Sachs Group, Inc.'s PAC funded 7 members of Congress. 5 of them are connected to the company in two more ways.
The Goldman Sachs Group, Inc. — money, a committee seat, and the stock
First, the money: The's PAC spread $72K across 7 members' campaigns.
Then the access: 5 of those funded members — Gottheimer, Gonzalez, Salazar and 2 others — sit on committees including Financial Services and Ways and Means, 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 5 members also traded GS — the stock of the company funding their campaigns.
The 5 members
| Member | PAC $ | Gifts | Committee | Trades |
|---|---|---|---|---|
| Josh GottheimerD-NJ | $30k | 13 | Financial Services | 8 |
| Vicente GonzalezD-TX | $12k | 9 | Financial Services | 1 |
| Maria SalazarR-FL | $9k | 3 | Financial Services | 2 |
| Lisa McClainR-MI | $4k | 2 | Financial Services | 5 |
| Donald BeyerD-VA | $1k | 1 | Ways and Means | 17 |
The other 2 also took PAC money and disclosed GS 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.
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