NYPIRG released a report last week of the largest donations in New York state politics over the past year. The numbers, while no longer surprising, mirror the disturbing state of campaign spending at the federal level, and they raise some important questions about the underlying institutions necessary for democratic elections and political accountability.
Eliza Carney has an interesting piece in Roll Call observing that in light of Congressional inaction, several federal agencies have now moved to center stage in the fight over unrestricted campaign money.
TheWall Street Journal ran a disingenuous and misleading opinion piece on Sunday evening titled "The Corporate Disclosure Assault," arguing that “[u]nions and liberal activists are using proxy rules to attack business political speech.” The piece—exactly like the undisclosed corporate money it’s pandering to—doesn’t even have an author listed.
The problem of American democracy isn't solely that there's too much money in our politics. It's that the money comes from a narrow (and extremely rich) slice of the electorate.
The Federal Election Commission (FEC) voted unanimously to allow Americans to contribute to candidates and political organizations through text messaging.
Candidate campaigns and outside spending groups have nearly a third more influence over narratives around presidential candidates' characters than they did just 12 years ago. Journalist influence has shrunk by nearly half.
NEW YORK -- Nearly 9 in 10 Americans agree that there is way too much corporate money in politics, and 51 percent strongly agree, according to a new poll released today by the Corporate Reform Coalition. The survey, conducted by Bannon Communications, found overwhelming support for strong, common sense reforms to ensure transparency and accountability for corporate political spending.
WASHINGTON – A new analysis of data through Election Day from the Federal Election Commission (FEC) and other sources by U.S. PIRG and Demos shows that just 61 large donors to Super PACs giving an average of $4.7 million each matched the $285.2 million in grassroots contributions from more than 1,425,500 small donors to the two major-party presidential candidates.
WASHINGTON, D.C. – In response to the Securities and Exchange Commission’s (SEC) commitment to consider a proposed rule to require disclosure of corporate political spending, the Corporate Reform Coalition will hold a press call on Tuesday, January 8th at 9:30 am to discuss this positive development, share expert analysis, and urge the agency to move swiftly to complete the rule-making this year.
WASHINGTON, D.C. – The Corporate Reform Coalition applauds the Securities and Exchange Commission’s (SEC) commitment to seek disclosure of all corporate political spending in response to a historical demonstration of investor demand for such a rule-making.
WHAT: Telephone press conference to demand an end to the growing threat to our democracy posed by voter suppression and unlimited corporate and special interest spending in elections. Momentum is growing nationwide, with more organizations, policymakers and citizens calling for change. On the call, groups will preview rallies and demonstrations being held nationwide on or around Saturday, Jan. 19, to coincide with the third anniversary of the U.S. Supreme Court’s Citizens United v. Federal Election Commission decision (Jan. 21), Martin Luther King Jr.
