Minnick ultimately voted in favor of Frank’s final bill, but 27 other Democrats voted against it. Of these, more than a dozen were Blue Dogs. Two members of the Progressive Caucus — Reps. Dennis Kucinich (D-Ohio) and Marcy Kaptur (D-Ohio) — also voted against the final legislation because they were concerned that it didn’t go far enough to help consumers. FIRE Sector Banks Real Estate Insurance Securities Credit Total to Yes Votes $154,757,586 $17,351,919 $42,599,989 $27,354,372 $32,328,322 $5,767,902 Average Per Yes Vote $693,980 $77,811 $191,031 $122,665 $144,970 $25,865 Total to No Votes $171,542,785 $26,901,508 $42,302,113 $33,042,715 $25,380,700 $7,883,589 Average Per No Vote $849,222 $133,176 $209,416 $163,578 $125,647 $39,028 % Difference 22% 71% 10% 33% -13% 51% You can see a full list of how much all members of the House received from these industries as part of our financial tools here Return to Crossing Wall Street series It also includes a breakdown of the amounts from specific industries within this sector, including commercial banks, real estate, insurance, securities and investment and credit and finance companies. The table also shows the average amount raised from each of these industries by supporters and opponents of the bill, along with the percentage difference between opponents and supporters. Below is a table that shows the amounts that the finance, insurance and real estate sector contributed to all members of the House who voted for and against the bill since 1989, including contributions to their leadership PACs. No Republicans voted in favor of the final legislation. Freshman Blue Dog Democratic Rep. Walter Minnick (D-Idaho) led a fight to remove the Consumer Financial Protection Agency from the final bill. The amendment he offered to eliminate the agency failed on the House floor by a vote of 208-223 Additionally, the legislation would create a new federal agency to act as a consumer watchdog — an idea backed by President Barack Obama but opposed by many in the industry, including the lobbying powerhouse U.S. Chamber of Commerce . The new organization would be called the Consumer Financial Protection Agency and would have the authority to regulate mortgages, credit cards, student loans, auto loans, payday loans and more.

The legislation also seeks to end the “too big too fail” concept by requiring banks and other large financial institutions to develop plans for how to safely dissolve and be dismantled if they can no longer compete. It would give shareholders a say in executive compensation. And it would require credit rating agencies to institute more procedures to curb conflicts of interest and end practices that can lead to inflated credit ratings.