By Ben Geman - 10/26/12 08:54 PM EDT
Watchdog groups said Chevron’s $2.5 million donation this month to the Congressional Leadership Fund (CLF) was the largest by a publicly traded company since the Supreme Court’s 2010 Citizens United v. FEC decision, which removed many restrictions on corporate political spending.
The CLF supports House Republicans.
Rep. Steve Israel (D), the DCCC’s chairman, separately issued a statement claiming Chevron’s donation “may be the biggest political payoff in history.”
“House Republicans protected taxpayer subsidies for Big Oil companies making record profits and now they’re getting rewarded,” he said.