House Democrat Facing Ethics Inquiry on Credit Cards
Rep. Bennie Thompson (D., Miss.), chair of the House Homeland Security Committee, is facing an ethics probe for his role in an investigation of credit-card companies.
Several former staffers have alleged that Thompson pressured Visa, MasterCard, and others into political donations by threatening to impose tighter security standards that would cost the companies millions.
Within weeks of a hearing on identity theft — an issue the Homeland Security Committee had never before dealt with — Thompson received $15,000 in donations from the credit-card industry and its lobbyists, according to the Washington Post. No new regulations have since been proposed.