Sessions Having Very Bad Day

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.

It’s a very bad day for Senator Sessions. The Wall Street Journal reported today, and the Birmingham News picked up:

U.S. Sen. Jeff Sessions championed an amendment that would allow banks to avoid paying billions of dollars in royalties for electronic check images, even though he and his wife hold shares in two banks that would benefit, The Wall Street Journal reported today.

The Mobile Republican and his wife own shares in Birmingham’s Compass Bancshares that were recently valued at as much as $300,000, and his wife owns stock in Citigroup Inc. valued at as much as $50,000, the newspaper reported.

Sessions backed bill benefiting banks despite ties – Breaking News from The Birmingham News – al.com