Published by Lindsay Renick Mayer on September 11, 2008 11:26 AM
When the federal government announced two months ago that it would prop up mortgage buyers Fannie Mae and Freddie Mac, CRP looked at how much money members of Congress had collected since 1989 from the companies. On Sunday the government completely took over the two government-sponsored enterprises, and we've returned to our data to bring you the updates, this time providing a list of all 354 lawmakers who have gotten money from Fannie Mae and Freddie Mac (in July we posted the top 25). These totals are based on data released electronically from the FEC on Sept. 2 and include contributions to lawmakers' leadership PACs and candidate committees from the floundering companies' PACs and employees. Current members of Congress have received a total of $4.8 million from Fannie Mae and Freddie Mac, with Democrats collecting 57 percent of that. This week we also wrote about how much money lawmakers had invested of their own money in the companies last year--a total of up to $1.7 million.
Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008
1- Dodd, Christopher J , Democratic Senator from CT Total $165,400
2- Obama, Barack Hussein, Democratic Senator from Il Total $126,349
3- Kerry, John, Democratic Senator from MA Total $111,000
This is over the last ten years and Obama has been in the Senate only four of them and is allready #2? Then has the audacity to blame the GOP for the Freddie/Fannie problems.
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