Republican presidential candidate Mitt Romney’s economic policy director played a role in Wall Street’s efforts to block new regulations intended to lower gas prices, according to federal forms.
The website Think Progressreported earlier this month that Pierce Scranton, the Romney campaign’s economic policy director, worked as a top lobbyist for JPMorgan Chase through August of this year, fighting a wide array of provisions in the Dodd-Frank law aimed at reforming Wall Street.
Federal disclosure forms reviewed by MSNBC’s Up w/ Chris Hayes list Scranton, a former top economic adviser to President Bush, as a lobbyist on issues related to Wall Street’s attempts to weaken or block a new regulation mandated by Dodd-Frank that was intended to reduce the ability of Wall Street and other institutional speculators to drive up gas prices. A JPMorgan Chase representative told Up that Scranton did not work on that regulation.
Read the rest of our story at the Up w/ Chris Hayes website.
Romney adviser on list of lobbyists who fought efforts to lower gas prices