The Koch Bros have once again infiltrated politics, this time with the nomination of Hester Maria Peirce, a member of the think tank, Mercatus Center. Guess who funds it?
Lee Fang via The Intercept:
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President Barack Obama recently nominated Hester Maria Peirce to fill a Republican seat on the Securities and Exchange Commission.
His announcement included her formal title — senior research fellow and director of the Financial Markets Working Group at the Mercatus Center at George Mason University — which sounds a lot like an academic post.
But Peirce, new disclosures show, received 98 percent of her salary directly from the Mercatus Center, a “think tank” that provides an academic façade to a radical anti-regulatory agenda. The Center’s so-called research reflects the lobbying priorities of its corporate funders — chief among them, Koch Industries.
Asked about any potential conflicts of interest given her work for the Mercatus Center, Peirce told The Intercept, “I appreciate you reaching out but I cannot comment at this point.”
The Mercatus Center has been described by the Wall Street Journal “as a coordinating center for lobbyists trying to block a flurry of regulations.” Congressional records show the think tank routinely cited in over a dozen hearings over the last two years by lawmakers seeking to roll back regulations on business interests.