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Loopholes in lobbying rules keep revolving door spinning

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WASHINGTON — A top aide to a Republican representative from Arizona helped promote a legislative plan to overhaul the nation’s home mortgage finance system. Weeks after leaving his government job, he reappeared on Capitol Hill, now as a lobbyist for a company poised to capitalize on the plan.

A former counsel to Democrats on the House Financial Services Committee left Capitol Hill a year ago. He, too, returned to the Hill just months later, lobbying committee aides on behalf of Wall Street giants like JPMorgan Chase and Bloomberg LP.

And the chief of staff for the Republican chairman of the House Financial Services Committee left his government salary behind in January 2012. Yet for months afterward, he continued to manage his boss’ re-election campaign, even while serving as a lobbyist for financial industry clients.

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