Senate Democrats Renew Push for Corporate Disclosure of Political Spending – Washington Wire – WSJ

Top Senate Democrats are stepping up pressure on the Securities and Exchange Commission to get the ball rolling on new rules to require corporations to disclose their political contributions, despite a new law that prevents the agency from finalizing such a measure this year.

Four Democrats — Sens. Elizabeth Warren of Massachusetts, Charles Schumer of New York, Jeff Merkley of Oregon and Bob Menendez of New Jersey —  made the push in a call with reporters Thursday morning.

“Shareholders have a right to see how the companies they invest in are spending their money, but corporations are keeping their political contributions secret,” Ms. Warren said.

via Senate Democrats Renew Push for Corporate Disclosure of Political Spending – Washington Wire – WSJ.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s