As the financial system began to collapse this year, U.S. Rep. Geoff Davis, R-Hebron, collected tens of thousands of dollars in campaign funds from the lobbyists, executives and political action committees of affected companies, including Fannie Mae, Freddie Mac, JPMorgan Chase and Morgan Stanley.
Davis has been a voice for deregulation on the House Financial Services Committee, which is playing a key role in this week's debate over the proposed $700 billion Wall Street bailout.
In private invitations sent around Washington in recent months, Davis' re-election campaign touted his committee membership and then offered interested parties a chance to bend his ear for up to $1,000 per person or $2,000 per PAC. At least one event was hosted by Wall Street lobbyists now in the thick of the bailout debate.
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