One Member of Congress = 18 American Households: Lawmakers’ Personal Finances Far From Average

It would take the combined wealth of more than 18 American households to equal the value of a single federal lawmaker’s household, the Center for Responsive Politics’ latest analysis of congressional wealth finds.
The median net worth of a member of Congress was $1,029,505 in 2013 — a 2.5 percent increase from 2012 — compared with an average American household’s median net worth of $56,355. Once again, the majority of members of Congress are millionaires — 271 of the 533 members currently ... read more.

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Warren Wealthiest Among Congress’ Potential White House Bidders

Despite her reputation as an anti-Wall Street populist, Sen. Elizabeth Warren (D-Mass.) is the wealthiest of the potential 2016 presidential candidates currently serving in Congress, with an estimated net worth of $6.7 million as of Dec. 31, 2013. Four other current members are weighing runs: Sens. Ted Cruz (R-Texas) ... read more.

Wall Street’s Investments in Deregulation

Wall Street did its part to make 2014 the most expensive midterm election ever, outpacing its 2010 total and once again putting the bulk of its financial muscle behind GOP candidates and groups. Donors from the securities and investment industry, otherwise known as Wall Street, contributed a total of $184 million to candidates, parties and ... read more.

Sounds Like CISPA? Get Ready for Lobbying Overdrive

Last year was full of data breaches. From JPMorgan Chase to Sony to Apple nothing seemed safe. Not your credit cards. Not your iTunes account. And President Obama seemed intent on addressing concerns over the ruptures Tuesday when he indicated that he would send a package to Capitol Hill to tackle some key ... read more.