Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
October 25, 2014

Realtors, Accountants Move Big Bucks to Congress

Early disclosure reports of political contributions during April show realtors and accountants were major donors to members of Congress and candidates.

The National Association of Realtors PAC reported contributing $448,5000 to federal candidates and committees during April. The PAC has $5.3 million cash on hand as of April 30th. Prior to April, the PAC had given out $2.3 million, with 52% going to Republicans. View 2013-2014financial profile. A separate independent expenditure Super PAC of the association reported it spent $300,745 during April, including $119,097 supporting Rep. Mike Simpson, R-Idaho, and $176,075 for an upcoming online video.

PricewaterhouseCoopers PAC I reported it contributed $174,000 to federal candidates and committees during April. The PAC has $1.2 million cash on hand as of April 30th. Prior to April, the PAC gave out $1.4 million, 67% of which went to Republicans. View 2013-2014 financial profile.

The American Institute of Certified Public Accountants PAC reported it gave out $105,610 during April. The PAC has $729,209 cash on hand as of April 30th. Prior to April, the PAC gave out $937,738, of which 53% went to Republicans. View 2013-2014 financial profile.

This year auditing firms have been lobbying Congress to bring pressure on the Public Company Accounting Oversight Board not to require public companies to regularly switch auditing firms, and not to require auditing firms to disclose more about how they audit and what their own views are on the accounting systems of the company being audited.

The National Association of Insurance and Financial Advisors PAC reported it gave out $199,000 to federal candidates and committees during April. The PAC has $1.2 million cash on hand as of April 30th. Prior to April, the PAC gave out $977,000, of which 61% went to Republicans. View 2013-2014 financial profile.

The association is lobbying against certain changes suggested by Rep. Dave Camp, R-Mich., chairman of the House Ways & Means Committee, as well as on other issues such as whether the Securities and Exchange Commission or the Financial Industry Regulatory Authority should regulate financial advisors.

Monthly PAC and party campaign finance disclosure reports are due on May 20th.

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