National: Two SEC Commissioners Could Dramatically Change Campaign Finance | The Nation
The road to overturning Citizen’s United by constitutional amendment is a long one—it requires a two-thirds vote in both chambers of Congress and then ratification by thirty-eight state legislatures. The DISCLOSE Act was re-introduced in the Senate this month but is almost certain to remain stuck in the mud. Meanwhile, corporations are dumping millions into the coffers of outside groups for the fall elections. Some campaign reformers have thus turned their attention to the Securities and Exchange Commission, urging it to pass a rule that all publicly traded companies must disclose political spending to shareholders—this would reveal exactly what business interests are trying to influence the election, and in the eyes of most experts, lead to dramatically reduced corporate electioneering.


