Day 7: Wall Street-Enriched Democrat Senate Committee Clears Primary Field for Elizabeth Warren

Professor Warren still refuses to say no to Wall Street campaign money from DSCC

WASHINGTON – As another Democrat bows to the pressure of the Wall Street-financed Democratic Senatorial Campaign Committee’s (DSCC) efforts to clear the Massachusetts Senate primary field for Professor Elizabeth Warren, American Crossroads again called on Warren to reject support from the DSCC’s Wall Street war chest.

According to The Hill, Herb Robinson became the latest casualty of the DSCC’s Wall Street cash supporting Warren.  Since September, the DSCC has spent Wall Street money to scare five Democrat candidates out of the race and clear the primary field for Warren.  Politico previously reported how the DSCC’s Wall Street bagman, Guy Cecil, spent thousands of dollars he shook down on Wall Street to ensure Warren ran unopposed in the primary election.

The DSCC has raised more money from Wall Street than from any other industry – including labor unions or trail attorneys.  Since 2005, the DSCC has collected more than $40 million in contributions from Wall Street, the banking and financial services industry. 

“Professor Warren continues to hypocritically benefit from Wall Street political cash via the DSCC despite claiming opposition to Wall Street money in politics,” said Steven Law, American Crossroads president.  “If Warren’s integrity were intact, she would immediately ask the Wall Street-fueled DSCC to stop supporting her campaign.” 

The DSCC Wall Street War Chest for Professor Elizabeth Warren

Since 2005 The DSCC Has Taken $40,555,590 From Wall Street, More Than Any Other Industry. (Center For Responsive Politics, http://www.opensecrets.org/, Accessed 12/13/11)

  • In The 2012 Election Cycle, The DSCC Took $1,547,805 From Wall Street (The Securities And Investments Industry, Commercial Banks, And Misc Finance).  (Center For Responsive Politics, http://www.opensecrets.org/, Accessed 12/13/11)
  • In The 2010 Election Cycle, The DSCC Took $7,274,205 From Wall Street (The Securities And Investments Industry, Commercial Banks, And Misc Finance).  (Center For Responsive Politics, http://www.opensecrets.org/, Accessed 12/13/11) 
  • In The 2008 Election Cycle, The DSCC Took $19,098,584 From Wall Street (The Securities And Investments Industry, Commercial Banks, And Misc Finance).  (Center For Responsive Politics, http://www.opensecrets.org/, Accessed 12/13/11)
  • In The 2006 Election Cycle, The DSCC Took $12,634,996 From Wall Street (The Securities And Investments Industry, Commercial Banks, And Misc Finance).  (Center For Responsive Politics, http://www.opensecrets.org/, Accessed 12/13/11)

The Second Most Generous Industry To The DSCC Is Lawyers/Law Firms, Which Have Given $33,916,522 Since 2005. (Center For Responsive Politics, http://www.opensecrets.org/, Accessed 12/13/11)

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American Crossroads is a non-profit 527 political organization dedicated to renewing America’s commitment to individual liberty, limited government, free enterprise and a strong national defense through informed and effective political action. American Crossroads seeks to educate voters and empower citizens to hold lawmakers and office-seekers accountable for where they stand. Paid for by American Crossroads. Not authorized by any candidate or candidate’s committee. dev-ac-www-americancrossroads.pantheon.io 

For more information or to arrange an interview, contact Nate Hodson at [email protected] or (202) 370-6604.