From the NY Times:
The Office of Congressional Ethics has sent corporate donors and fund-raising hosts more than three dozen requests for documents involving eight members who solicited and took large contributions from financial institutions even as they were debating the landmark regulatory bill, according to lawyers involved in the inquiry.
The requests are focusing on a series of fund-raisers last December, in the days immediately before the House’s initial adoption of the sweeping overhaul, which could win final approval this week. Some of the fund-raising events took place the same days as crucial votes.
For example, on Dec. 10, one of the lawmakers under investigation, Representative Joseph Crowley, a New York Democrat who sits on the Ways and Means Committee, left the Capitol during the House debate to attend a fund-raising event for him hosted by a lobbyist at her nearby Capitol Hill town house that featured financial firms, along with other donors. After collecting thousands of dollars in checks, Mr. Crowley returned to the floor of the House just in time to vote against a series of amendments that would have imposed tougher restrictions on Wall Street.
That same day, Representative Tom Price, a Georgia Republican on the Financial Services Committee, scheduled what he called a “Financial Services Luncheon” at the Capitol Hill Club, as part of a fund-raising push that netted him nearly $23,000 in contributions from the industry in a two-month period around the vote.
In an area where the rules are murky, the investigators are taking an aggressive stance on what constitutes unethical conduct. The independent ethics office, led by a former federal prosecutor, has clashed repeatedly with lawmakers on the House Committee on Standards of Official Conduct, who have accused it of over-reaching. Given this history, observers believe it is unlikely that the committee will admonish any members, even if the investigators recommend action.
Some lawyers advise politicians to forgo fund-raising events in the midst of debates to avoid an appearance problem.