¶ Finance Industry Money
Rep. Andy Barr has taken over $6.8 million from the financial industry, far more than he has taken from other sectors. Barr’s campaigns have also benefited from almost $800,000 in spending by the National Association of Realtors, which paid for the site ThankYouAndyBarr.com for his pro-industry actions, including legislation he introduced to undermine consumer protections for mortgages.
¶ By Far, Rep. Andy Barr’s Biggest Industry Contributor Is The Finance, Insurance, And Real Estate Sector—Overseen By The House Financial Services Committee—Which Has Given Him Over $6.8 Million.
¶ By Far, Rep. Andy Barr’s Biggest Industry Contributor Has Been The Finance, Insurance & Real Estate Sector, Which Has Given Him At Least $6.8 Million Throughout His Federal Career.
The Industry Sector That Has Given The Most To Rep. Barr Throughout His Federal Career Is The Finance, Insurance, And Real Estate Sector, Which Has Given Him A Total Of $6,822,227, Far More Than Other Industries:
[OpenSecrets, accessed 01/25/23]
Rep. Barr Has Taken $2,094,431 From The Securities & Investment Industry, $1,273,483 From The Insurance Industry, $1,263,134 From The Real Estate Industry, $1,102,374 From Commercial Banks, And $382,683 From Finance And Credit Companies. [OpenSecrets, accessed 02/13/23]
The U.S. House Financial Services Committee Oversees “The Banking System, Housing, Insurance, And Securities And Exchanges.” “The House Financial Services Committee has jurisdiction over issues pertaining to the economy, the banking system, housing, insurance, and securities and exchanges. Additionally, the Committee also has jurisdiction over monetary policy, international finance, international monetary organizations, and efforts to combat terrorist financing.” [U.S. House Financial Services Committee, 02/13/23]
¶ Rep. Barr’s Campaigns Have Benefited From Nearly $800,000 In Spending By The National Association Of Realtors, Which Paid For The Site ThankYouAndyBarr.Com And Earned Barr’s Thanks For Supporting His Legislation To Undermine CFPB Mortgage Rules.
¶ Rep. Barr Has Benefited From Nearly $750,000 In Independent Expenditures By The National Association Of Realtors And $43,000 In PAC Contributions Throughout His Federal Campaigns.
The National Association Of Realtors Has Spent $749,469 On Independent Expenditures In Support Of Barr’s Congressional Campaigns Since The 2018 Election Cycle:
| Date | Spender | Candidate Mentioned |
Support/ Oppose |
Expenditure Description | Expenditure Amount |
|
09/20/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Direct Mail Costs | |
|
09/20/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Polling Expenses | |
|
09/20/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Consulting Services | |
|
09/25/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Consulting Services | |
|
09/25/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Digital/Online Ad Buy & Production Costs | |
|
09/26/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Consulting Services | |
|
09/26/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Tv Ad Buy And Production Costs | |
|
09/28/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Online Video Production Costs; Gifs For Webpage | |
|
09/28/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Website Landing Page | |
|
09/28/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Consulting Services | |
|
10/26/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Consulting Services | |
|
10/26/18 |
National Association Of Realtors Congressional Fund | Barr, Andy Rep. IV | Support | Facebook Ad Costs | |
|
10/11/22 |
National Association Of Realtors Political Action Committee | Barr, Andy Rep. IV | Support | Online Digital Ad Buy & Production Costs | |
|
10/11/22 |
National Association Of Realtors Political Action Committee | Barr, Andy Rep. IV | Support | Administrative Consulting | |
|
Total: |
$749,469.00 |
Rep. Barr Has Taken $43,000 From The National Association Of Realtors Political Action Committee:
| Date | Contributor | Recipient | Amount |
|
01/13/14 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
10/14/13 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
02/12/13 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
04/07/14 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
09/15/14 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
08/06/14 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
06/22/16 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
03/26/15 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
06/22/15 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
03/01/16 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
06/22/16 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
04/18/18 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
04/10/17 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
07/05/18 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
08/28/18 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
01/28/19 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
10/04/19 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
06/16/20 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
09/10/20 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
12/09/21 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
03/17/21 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
05/12/21 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
04/14/22 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
10/12/22 |
National Association Of Realtors Political Action Committee | Andy Barr For Congress, Inc. | |
|
Total: |
$43,000.00 |
¶
¶
¶ The National Association Of Realtors Has Paid For The Website ThankYouAndyBarr.Com, Which Features A Slick Video About Rep. Barr, And Barr Has Touted The Group’s Support For At Least One Of His Bills To Help “Circumvent” Certain CFPB Mortgage Protections.
The National Association Of Realtors Has Paid For The Website, ThankYouAndyBarr.Com, Which Credits Rep. Barr For “Moving Our Economy Forward” And Features A Highly-Produced Video About Him:
[ThankYouAndyBarr.com, accessed 01/24/23]
May 2014: Rep. Barr Touted The National Association Of Realtors’ Support For His “H.R. 2672, The Helping Expand Lending Practices in Rural Communities Act,” Which Passed The U.S. House. “Today, the U.S. House of Representatives approved H.R. 2672, the Helping Expand Lending Practices in Rural Communities Act, or the HELP Rural Communities Act. H.R. 2672 is legislation introduced by Congressman Andy Barr that would provide individuals in rural areas like Bath County, Kentucky, the right to petition for the area to be properly reclassified as ‘rural’ and relieve the local community banks from burdensome regulations that unfairly limit their ability to lend and help create jobs in their communities.” [Rep. Andy Barr, 05/06/14]
- Rep. Barr Featured The National Association Of Realtors Among Industry Groups That Supported H.R. 2672:
[Rep. Andy Barr, 05/06/14]
Rep. Barr Has Introduced The Helping Expand Lending Practices in Rural Communities Act In Two Congresses:
- March 2015: Rep. Barr Introduced H.R. 1259, The Helping Expand Lending Practices in Rural Communities Act, Which Passed The House. [Congress.gov, accessed 01/19/23]
- April 2015: H.R. 1259 Passed The House By Voice Vote. [Congress.gov, accessed 01/19/23]
- July 2013: Rep. Barr Introduced H.R. 2672, The Helping Expand Lending Practices in Rural Communities Act, Which Passed The House. [Congress.gov, accessed 01/19/23]
- May 2014: H.R. 2672 Passed The House By Voice Vote. [Congress.gov, accessed 01/19/23]
In A Press Release For The 2015 Bill, Rep. Barr’s Office Claimed It Would “Provide Individuals In Rural Areas The Right To Petition For The Area To Be Properly Reclassified As ‘Rural’ And Relieve Local Community Banks And Credit Unions From Burdensome Regulations.” “Today, the House of Representatives passed H.R. 1259, the Helping Expand Lending Practices (HELP) in Rural Communities Act introduced by Congressman Andy Barr (KY-6). The bill would provide individuals in rural areas the right to petition for the area to be properly reclassified as ‘rural’ and relieve local community banks and credit unions from burdensome regulations that unfairly limit their ability to lend and help create jobs in their communities.” [Rep. Barr, 04/13/15]
2016: Consumer Advocates, Americans For Financial Reform, Opposed The Legislation, Arguing It Would “Create A Drawn-Out Petition Process” For Lenders To Appeal Their Non-Rural Designations In Order To “Circumvent” Certain CFPB Mortgage Protections. “H.R. 1259, the Helping Expand Lending Practices in Rural Communities Act, would create a drawn-out petition process that would allow individuals who reside or do business in a state to apply to the CFPB for the designation of an area as rural. Having this designation would allow people and businesses in those areas to circumvent certain mortgage provisions put in place by the CFPB, including Qualified Mortgage rules and the Ability-to-Repay standard. This bill is unnecessary, as the CFPB has already proposed large expansions in the designation of rural areas. Moreover, the petition process created by this legislation would be unnecessarily complex, and subject to arbitrariness. What areas are rural and underserved should be determined by a data driven process, not individual pleading.” [Americans for Financial Reform, 03/25/16]
The 2015 Version Of Rep. Barr’s Legislation Was Included In H.R. 22, The Fixing America’s Surface Transportation Act, Which Became Law In December 2015. “H.R. 1259, the Helping Expand Lending Practices (HELP) in Rural Communities Act introduced by Congressman Andy Barr (KY-06) has been included in the final conference report of H.R. 22, the Fixing America’s Surface Transportation Act, which is expected to be voted on by the House of Representatives tomorrow.” [Rep. Andy Barr, 12/02/15]
- December 2015: H.R. 22, The Fixing America’s Surface Transportation Act Became Law. [Congress.gov, accessed 01/19/23]
¶ Rep. Barr Has Reported Owning Up To $15,000 In KeyCorp Stock, Whose PAC Has Given His Campaign $8,500.
¶ In 2021, Rep. Barr Reported Owning Up To $15,000 In Stock For KeyCorp, Which Has Given $8,500 To Barr’s Congressional Campaign.
In His 2021 Financial Disclosure, Rep. Barr Reported Owning $1,001-$15,000 In Stock For KeyCorp, Earning $201-$1,000 In Dividends That Year:
[Clerk of the U.S. House of Representatives, 05/11/22]
Rep. Barr’s Campaign Has Taken $8,500 From The Keycorp Advocates Fund:
| Date | Contributor | Recipient | Amount |
|
03/17/13 |
Keycorp Advocates Fund | Andy Barr For Congress, Inc. | |
|
06/30/18 |
Keycorp Advocates Fund | Andy Barr For Congress, Inc. | |
|
03/02/20 |
Keycorp Advocates Fund | Andy Barr For Congress, Inc. | |
|
11/03/20 |
Keycorp Advocates Fund | Andy Barr For Congress, Inc. | |
|
03/23/21 |
Keycorp Advocates Fund | Andy Barr For Congress, Inc. | |
|
09/30/22 |
Keycorp Advocates Fund | Andy Barr For Congress, Inc. | |
|
Total: |
$8,500.00 |