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09 May, 2017

No kidding: new study finds money plays major role in influencing the DNC

Public concern about the influence of money in politics has never been greater. But figuring out exactly how much money is needed to “buy” a congressional vote has been difficult to do.

However, a new study released by the Roosevelt Institute, titled Fifty Shades of Green, has done just that by analyzing “the role political finance has played in securing the privileged positions of high finance and big telecom.”

The researchers – led by Thomas Ferguson of the University of Massachusetts Boston – specifically focused on one group of lawmakers that they felt best demonstrated the impact of money on public officials: Democratic congressmen who voted against, or changed their minds about, the Dodd-Frank Wall Street Reform and Consumer Protection Act – more commonly known as “Dodd-Frank.”

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