Rep. Campbell's Amendment to Consumer Legislation a Blatant Conflict of Interest

California congressman, and former auto dealer, offers amendment that would
benefit donors and his own tenants at six different properties

WASHINGTON, Oct. 21 /PRNewswire-USNewswire/ -- Rep. John Campbell (R-Calif.),
whose official congressional website touts his work in the auto industry for
over 25 years, introduced an amendment to the Consumer Financial Protection
Agency Act of 2009 that would exclude car dealerships from oversight as
outlined in the bill - including six tenants that paid Campbell between
$600,000 and $6 million last year in rent, according to the congressman's own
personal financial disclosure forms.

The relationship with the auto dealing industry goes even deeper. Rep.
Campbell has taken more than $170,000 in campaign contributions from auto
dealers during his congressional career, according to the Center for
Responsive Politics.

"Rep. Campbell ought to pull this amendment which would serve to reward his
donors and potentially line his own pockets," said David Donnelly, National
Campaigns Director for Public Campaign. "There is no question that Campbell's
role as landlord to six auto dealerships presents a direct conflict of
interest in an amendment that aids auto dealers."

"For too long political contributors have been paid back with policy favors,"
said Bob Edgar, president of Common Cause. "It's time to end pay-to-play
politics and make our elections a debate of what policies are best for all of
us - not just big donors. The time has come for the Fair Elections Now Act and
we urge Rep. Campbell to add his name to the bill."

The Consumer Financial Protection Act, which is being heard before the House
Financial Services Committee, would create a Consumer Financial Protection
Agency to oversee, monitor, and enforce all consumer financial protection
laws. A wide array of financial transactions would be covered under the new
Agency's purview. Amendments to the legislation have been offered in a
day-long markup session Wednesday.

The Fair Elections Now Act (H.R. 1826 and S. 752), introduced by Democratic
Caucus Chair John Larson in the House and Assistant Majority Leader Dick
Durbin in the Senate, would reduce the fundraising pressures on members of
Congress. If enacted, congressional candidates would be able to run for office
with a mixture of small donations and public funding. In addition to Rep.
Larson, the House bill has 107 cosponsors.

Common Cause is a nonpartisan, grassroots organization dedicated to restoring
the core values of American democracy, reinventing an open, honest, and
accountable government that works for the public interest, and empowering
ordinary people to make their voices heard.

Based in Washington, D.C., Public Campaign is a national nonprofit
organization dedicated to advancing comprehensive reform of America's election
laws and works to hold politicians accountable for the favors they do for
special interests.

SOURCE Common Cause and Public Campaign

Mary Boyle of Common Cause, +1-202-736-5770; or Rick Bielke of Public
Campaign, +1-202-293-0222