The next mutual fund executive testifying before the Senate Finance Committee may find a scowl on the face of Senator William Frist. It turns out that the Senate Majority Leader and member of the Senate Finance Committee was not lucky in his choice of funds.

The Senator's campaign committee lost $542,158 due to mutual funds held in a Charles Schwab account, PoliticalMoneyLine.com reported on Monday.

The information was based on a first quarter Federal Election Commission filing. 

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