Being Chairman of the House Ways and Means Committee normally
guarantees lucrative fund-raising. But having trouble with
House ethics rules--and the law--appears to be putting a crimp in
Rep. Charlie Rangel's fund-raising.
Reports the New York Times:
Representative Charles B.
Rangel of New York has so far been able to hang onto his
powerful committee chairmanship despite damaging disclosures
about his financial dealings. But when it comes to the kind of
clout that Washington pays close attention to - campaign
dollars - his status seems to be slipping.
The pace of financial contributions to Mr. Rangel, a
fund-raising powerhouse for the Democratic
Party who is chairman of the influential House Ways and
Means Committee, has dropped by nearly half this year from the
previous election cycle, according to the most recent campaign
finance disclosure statements.
From January 2009 to September 2009, he raised a total of about
$1.7 million through three committees he controls and uses to
dole out money to Democratic candidates and causes. Mr. Rangel
brought in more than $3.1 million with only two committees he
controlled during the corresponding period in the previous
election cycle, the financial disclosure statements show.
Now, Democratic officials and donors say that that the ethical
questions hanging over Mr. Rangel, who has represented Harlem
in Congress since 1971, are taking a toll, particularly as
Republicans spotlight his problems in ads and repeated pushes
are made to try to force him to step aside from the
chairmanship. The House Ethics Committee is investigating the
allegations against him.
The falloff in contributions has implications for the Democrats
as they face a tough electoral season, with Republicans seeking
to chip away at their majority.
As the Times explains, Rep. Rangel's problems are the
Democratic Party's problems. Normally congressional
potentates like Rep. Rangel contribute to other candidates to
help preserve their positions. But with less largesse to
distribute, Rep. Rangel won't be able to do as much to prop up
the Democratic majority.
Ah, I feel so bad for Charlie.