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The Watchdog Institute has documented a symbiotic relationship between the House Committee on Oversight and Government Reform and infamous billionaires David and Charles Koch.
Koch Industries, the second-largest private company in the country, has reported spending over $40 million in the past three years lobbying on behalf of energy and manufacturing interests. They have given more than $130,000 directly to members of the House Committee on Oversight and Government Reform since 2000, including $72,750 in the last election
Committee member Rep. Frank Guinta was one of the beneficiaries of the Koch brothers' largess. Guinta received $5,000 from the Koch Industries Inc. Political Action Committee. In addition, Americans for Prosperity, the right-wing advocacy group funded by David Koch, spent $74,417 attacking Guinta's 2010 opponent, former Rep. Carol Shea-Porter.
[The House Committee on Oversight and Government Reform] staff has already released findings sympathetic to industries bent on softening or eliminating certain government regulations. A preliminary report this month, for example, focused largely on Environmental Protection Agency standards and relied heavily on input from industry associations. Other standards the committee is targeting include new regulations on workplace safety and the financial services industry.
Guinta is no stranger to the Koch brothers. On the first day of the new Congress, David Koch hosted a party for Republicans and was observed buttonholing Guinta to ensure his attendance.
