Congress takes first steps to circumvent Supreme Court ruling

In response to the Supreme Court’s ruling in the recent Citizens United v. FEC case — which overturned campaign finance law that barred corporations and unions from paying unlimited sums for political ads and was widely hailed by conservatives as a victory for first-amendment rights — Democratic leaders in Congress have begun taking steps to circumvent the decision.

Reports the Financial Times:

Senior Democratic lawmakers proposed legislation yesterday that would force some of the most powerful political organizations in the US – including the US Chamber of Commerce on the right and MoveOn.org on the left – to reveal the names of the corporations and individuals who fund their advertising campaigns.

The proposal would also force US corporations to notify shareholders immediately of “all political expenditures” and bar companies that have “foreign ownership” of more than 20 per cent from spending money on US elections.

The bill, which will be formally introduced at the end of the month, was written with the support of the Obama administration by Senator Chuck Schumer of New York and Congressman Chris Van Hollen of Maryland. It represents a remarkable attempt by Congress, controlled by the Democratic party, to neuter a 5-4 Supreme Court ruling last month.

via  The Daily Caller

About Albert N. Milliron 6987 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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