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House Republicans Huddle With Lobbyists to Kill Financial Reform Bill

In a call to arms, House Republican leaders met with more than 100 lobbyists at the Capitol Visitors Center on Tuesday afternoon to try to fight back against financial regulatory overhaul legislation.House Minority Leader John Boehner (R-Ohio) kicked off the 4 p.m. meeting, along with Minority Whip Eric Cantor (R-Va.) and GOP Reps. Kevin McCarthy (Calif.), Scott Garrett (N.J.) and Jeb Hensarling (Texas).“The message was [House Financial Services Chairman Barney] Frank and the Democratic majority are ruining America, ruining capitalism, and stand up for yourselves,” said a lobbyist who attended the meeting. “They said, ‘Look, you all oppose this bill, but only a few of you have come out publicly.’”In addition to asking trade associations to get their members in Congressional districts to write letters opposing the legislation, Republicans asked for companies and trade associations to use their Democratic consultants to gather intelligence on where members of the Congressional Black Caucus and the Blue Dog Coalition are in supporting the legislation.

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