Pushing Back on Dark Money

Montana Gov. Steve Bullock signed a first-of-its-kind executive order Friday to require many state government contractors to report their political contributions, even those to so-called “dark money” groups that don’t have to disclose donors under federal law. Bullock said the measure is an example of how states can bring transparency to spending by groups classified…

The $24 Million Reasons Dems Back America’s Worst Banks

Why would 16 Democratic senators join their Republican colleagues in pushing a bill that lays out a rich banquet of goodies before some of America’s worst bankers, and increases the risk that taxpayers will have to bail them out?Here are 24 million reasons: These 16 Democrats have collectively received $24,488,961 in campaign contributions from savings and…

Political Spending Disclosure Proposal to go Forward at Citigroup

Statement from ChangetoWin: In a critical first test of the its new guidance on shareholder proposals, the Securities and Exchange Commission (SEC) denied Citigroup Inc.’s (NYSE: C) request to block shareholders from voting for more transparency on political spending. Citigroup tried to omit the proposal from this year’s ballot using a new interpretation of the…

Outrageous Attack on Political Spending Disclosure Proposal at Disney

It is not just the name of the group objecting to disclosure of political spending that is oxymoronic; it is the vocabulary they use in trying to explain that a proposal to require disclosure of political spending is somehow contrary to notions of free speech instead of the only way to preserve it. The “Free…

The Fight for Corporations To Reveal Political Spending | Brennan Center for Justice

Provided Congress allows, [the SEC] will determine the winner in the long-running battle over whether publicly traded companies should reveal their currently hidden political contributions, known as “dark money.” Stockholders have long been agitating that the companies they own improve the transparency of their political spending. This is often done through shareholder resolutions, which are a…

5050 Climate Project Report on Climate Change: Undisclosed Political Contributions, Lack of Board Oversight, Lack of Board Expertise

A new report out today from the  50/50 Climate Project finds that twenty-one of the largest energy and utility companies in the U.S. that have spent at least $670 million over six years to influence elections, regulators and lawmakers have limited board oversight of climate risk and political spending, and lack climate competent board members. These corporations face the…

Equifax Lobbied To Kill Rule Protecting Victims Of Data Breaches

As Equifax acknowledges a massive security breach making the names, addresses, social security numbers and more available for fraud and disruption and it appears executives, including the CFO, sold stock before making this information public, it also comes out that Equifax lobbied to make it more difficult for consumers to get damages for exactly this…

How Trump the populist became Trump the corporate shill – NY Daily News

Corporate America has captured the Trump administration. Public Citizen’s research has found that more than 70% of Trump’s picks for top sub-Cabinet jobs have clear corporate ties.In Trump’s Washington, the populism of the campaign has been overtaken by conventional corporate cronyism on a grand scale. After his famous pledge to “drain the swamp,” Trump issued…