Scott Brown Got Late Push From Wall Street

Financial firms poured $450,000 into his Senate campaign
By Kevin Spak,  Newser Staff
Posted Feb 2, 2010 1:42 PM CST
Republican Senator-elect Scott Brown, addresses supporters in Foxborough, Mass., at the final stop of his three-day "thank you" tour across the state Sunday, Jan. 31, 2010.   (AP Photo/Gretchen Ertl)

(Newser) – In the 6 days before the special election for US senator from Massachusetts, employees of financial companies gave a whopping $450,000 to Scott Brown. The donations came just after President Obama proposed a fee on Wall Street’s biggest players to help pay back lost TARP funds. The influx of cash to the GOP candidate could portend a major push to both kill financial regulation and elect Republicans this fall, the Boston Globe reports.

Brown never told voters where he stood on the financial regulation legislation currently before Congress, but he said he was against regulation in general. He came out squarely against the fee on big banks, saying, “We already have enough taxation.” Asked if he’d be influenced by the donations, he replied, “I’m not aware of who gave me what, ‘cause I was just doing my job.”

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