For Freshmen in the House, Seats of Plenty
(How to buy a (c)Andy Barr? gd)
WASHINGTON — Representative Andy Barr, a Republican from Kentucky with little experience in the intricacies of Wall Street, was among the lucky House freshmen to secure a seat on the powerful Financial Services Committee.
Now, half a year into his first term, he has emerged as a telling example of why the panel is sometimes called “the cash committee” — a place, critics say, where there are big incentives for freshmen to do special favors for the industry.
Mr. Barr, 40, a first-time elected official, has raised nearly as much money this year from political action committees run by major banks, credit unions and insurance companies as longtime lawmakers like Speaker John A. Boehner and other party leaders.
The flood of financial industry cash — $150,000 in political action committee donations to Mr. Barr in just six months — is hardly an accident.
http://www.nytimes.com/2013/08/11/us/politics/for-freshmen-in-the-house-seats-of-plenty.html?nl=todaysheadlines&emc=edit_th_20130811&_r=0
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