Grassley Fundraiser Hosted by Mortgage, Insurance Lobbyists and PAC

U.S. Newswire, June, 2009

To: POLITICAL EDITORS

Contact: David Donnelly of the Public Campaign Action Fund, 1- 617-899-1084

Special interest fundraiser comes after Grassley voted against bill opposed by hosts to allow bankruptcy judges to renegotiate mortgages

WASHINGTON, June 22 /PRNewswire-USNewswire/ -- Lobbyists and political action committees from the mortgage, insurance, and financial industries are hosting a fundraising event for Sen. Chuck Grassley (R-Iowa) this afternoon just steps from the U.S. Senate. Sen. Grassley recently backed the industry and opposed legislation to allow judges to renegotiate mortgages. The fundraising event drew strong criticism from Public Campaign Action Fund, a campaign finance watchdog organization.

"Sen. Grassley appears to be cashing in...

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