From the New Hampshire Democratic Party:
Concord- NHDP Chairman Ray Buckley today called on John E. Sununu to step-down from the Congressional Oversight Panel charged with monitoring the government's TARP program.
Sununu, who was appointed to the taxpayer funded position on the TARP panel after losing re-election to the U.S. Senate back in November, just recently joined the board of ConvergEx. 33% of the ConvergeEx stock is owned by the Mellon Bank. The Mellon bank has received over 3 billion in TARP funds. In addition to getting billions in taxpayer dollars, the Mellon Bank was chosen last October to help the Treasury Department administer the TARP program.
"John Sununu needs to resign from the TARP Panel immediately" said NHDP Chair Ray Buckley. "This is a glaring conflict of interest"
ConvergEx Holdings is actually the third board of managers that Sununu has joined in the past few weeks. The two others include Time Warner Cable and Boston Scientific, both of which offer lucrative financial compensation for his service. Sununu is also being paid his former US Senate salary on a per diem rate as a member of the TARP panel.
Showing posts with label John E. Sununu. Show all posts
Showing posts with label John E. Sununu. Show all posts
Wednesday, March 4, 2009
Wednesday, February 4, 2009
Jam on!

U.S. Rep. Paul Hodes (D-NH) has announced that he will be running for the United States Senate in 2010.
Hodes will be running to fill the seat being vacated by U.S. Sen. Judd Gregg (R-NH), who has been tapped to be Secretary of Commerce. Gregg’s replacement, U.S. Sen.-designate Bonnie Newman (R-NH) has said she will not run in 2010.
“It is with the stories of people like Anne Marie Morse, Chris Howe, and thousands of New Hampshire families struggling in this difficult economy in mind that I announce today that I will run for the United States Senate in 2010 to continue to keep our state and our nation moving forward,” Hodes wrote on the website Blue Hampshire.
Hodes said that he will formally announce his candidacy sometime over the next couple of months.
Former U.S. Rep. Charlie Bass (R-NH) told the Concord Monitor that he is interested in running for the seat and former U.S. Sen. John E. Sununu (R-NH) is often mentioned as a possible candidate. The Monitor also floated the names of New Hampshire Attorney General Kelly Ayotte and Jim Merrill, as potential candidates.
The Union Leader reported yesterday that Katrina Swett will run for Hodes’ congressional seat in 2010.
Hodes will be running to fill the seat being vacated by U.S. Sen. Judd Gregg (R-NH), who has been tapped to be Secretary of Commerce. Gregg’s replacement, U.S. Sen.-designate Bonnie Newman (R-NH) has said she will not run in 2010.
“It is with the stories of people like Anne Marie Morse, Chris Howe, and thousands of New Hampshire families struggling in this difficult economy in mind that I announce today that I will run for the United States Senate in 2010 to continue to keep our state and our nation moving forward,” Hodes wrote on the website Blue Hampshire.
Hodes said that he will formally announce his candidacy sometime over the next couple of months.
Former U.S. Rep. Charlie Bass (R-NH) told the Concord Monitor that he is interested in running for the seat and former U.S. Sen. John E. Sununu (R-NH) is often mentioned as a possible candidate. The Monitor also floated the names of New Hampshire Attorney General Kelly Ayotte and Jim Merrill, as potential candidates.
The Union Leader reported yesterday that Katrina Swett will run for Hodes’ congressional seat in 2010.
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