http://thinkprogress.org/politics/2011/06/07/238628/evan-bayh-money-over-principle/The son of a famous senator, Evan Bayh (D-IN) was born into a life of privilege. After spending nearly two decades in public service, first as governor, then as senator from his state, Bayh is returning to a life of wealth and luxury. Earlier this year, he announced that he would be joining a corporate law/lobbying firm, McGuireWoods LLP, as well as Apollo Global Management, a multi-billion dollar private equity firm.
Now, Peter Stone is reporting that Bayh will be joining the U.S. Chamber of Commerce, perhaps the most influential lobbying group for multinational corporations and big businesses with a far right lobbying agenda. (View ThinkProgress’ history of the Chamber, including its decades-long opposition to women’s rights, labor rights, and even its refusal to support a war against Nazi Germany).
Bayh will be joining former Bush administration official Andy Card in a Chamber-led lobbying campaign designed to weaken regulations on corporations across the bord, and make it more difficult to enact new regulations. The REINS Act, which Bayh will be helping to pass, will severely undercut (and effectively repeal) significant portions of the Americans with Disabilities Act, health and financial reform, the Clean Air Act and Clean Water Act, and the FDA Food Safety Modernization Act, among many other laws.
It is not clear how much Bayh is being paid by the Chamber, or by his new gigs at Apollo Global Management or McGuireWoods. During the period of 2009-2010, when Bayh was still in office, he appeared to be auditioning for a job in the private sector as a lobbyist:
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