April 1st, 2010
02:34 PM ET
13 years ago

Frank rebukes House staffer for taking lobbying job

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/04/01/art.barneyfrank.gi.jpg caption="Barney Frank denounced a committee staffer Thursday in a written statement."]Washington (CNNMoney.com) - House Financial Services chief Barney Frank publicly denounced a House Financial Services Committee staffer for leaving to become a lobbyist.

Peter Roberson played a key role in writing House financial overhaul legislation and will now lobby on behalf of a company that the legislation
directly impacts. His new employer, Intercontinental Exchange, owns the largest clearinghouse of complex financial products, otherwise known as credit default swaps.

"When Mr. Roberson was hired, it never occurred to me that he would jump so quickly from the committee staff to an industry that was being affected by the committee's legislation," Frank said in a statement.

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Filed under: Barney Frank
soundoff (26 Responses)
  1. Kathleen

    This needs to be changed. Lobbiests and Politicians who take money for their vote against what is best for the people. It needs to be changed and changed quick. It should be illegal, immediately, for Politicians to take money from the Health Care Conglomorates and Big Oil Companies. Last night on the news, it was noted that Mike Pense and other Republicans supposedly took hundreds of thousands for their own personal needs, to lie to the people and deny CLIMATE CHANGE. They are getting paid to deny CLIMATE CHANGE!!!

    Those that have gotten paid for their vote against the American People NEED TO GOO, NOW!!!

    April 1, 2010 04:03 pm at 4:03 pm |
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