Bynum and House colleague Carolyn Pollan of Fort Smith prepared the state budget by retaining previous figures from the Bill Clinton administration but with 5 percent across-the-board cuts.
[6] After leaving office, Bynum lobbied for a number of Arkansas clients through his Phoenix Investment Group, Inc., of Little Rock.
[9] Bynum was named to the government affairs team of the Arkansas Independent Automobile Dealers Association.
[10][11] While employed as a lobbyist for the investment banking firm Stephens, Inc., Bynum was indicted for bribery in January 1995 by a federal grand jury.
The U.S. government charged that Bynum paid Terry Duwayne Busbee, then a commissioner of the Utility Authority of Escambia County, Florida, to steer bond-underwriting business to Stephens, Inc. Two months later, Bynum pleaded guilty to a single count of bribery.