In the week before the General Assembly session began, title lenders gave $35,000 in campaign contributions to political action committees. That’s even though the election has come and gone. Like many businesses, title lenders make a habit of making campaign contributions after the election and before the session, when they are prohibited from giving.
“They serve a very useful purpose for the business because it reminds people right at the start of the session who their friends are.”
That’s Stephen Farnsworth at the University of Mary Washington.
“The coalition of people to block regulation may include some Democrats and some Republicans, and that’s why they are equal opportunity givers. Some money goes to Democrats and some goes to Republicans,” Farnsworth said.
