The DISCLOSE Act was introduced by Rep. Van Hollen (D-MD) and Sen. Whitehouse (D-RI). It would require corporations, unions, other outside groups and SuperPACs to disclose contributions of $10,000 or more within 24 hours to the Federal Election Commission (FEC), as well as disclose their support in ads. It would also require them to disclose their spending to their shareholders and require lobbyists to disclose campaign-related expenditures in conjunction with their lobbying activities.
Reps. Steve Israel (D-NY), Chris Van Hollen (D-MD), and John Sarbanes (D-MD), and Sens. Chuck Schumer (D-NY), Edward Markey (D-MA), Debbie Stabenow (D-MI) Sheldon Whitehouse (D-RI), Sherrod Brown (D-OH), Tom Udall (D-NM), Elizabeth Warren (D-MA), and Mark Warner (D-VA) sent a letter to newly-elected Speaker Ryan calling on him to immediately bring up for consideration the DISCLOSE Act, which would improve transparency with the disclosure of campaign-related spending by corporations and outside groups.
21 days, that's all it took for Paul Ryan to prove his loyalty to the Koch Brothers and their billionaire buddies once again.
On Thursday, House Republicans sunk the DISCLOSE Act.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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