facebook
twitter
rss
account
search
search
 

White House mulls campaign gift disclosure

April 20, 2011 at 12:13 PM   |   Comments

WASHINGTON, April 20 (UPI) -- The White House is considering measures to limit anonymous campaign contributions of the type that helped fund attack ads in the 2010 election, aides said.

Under provisions of a draft executive order being floated, companies seeking government contracts would be required to disclose contributions to groups that air political ads either attacking or supporting candidates, Politico reported.

Last month, for example, the Securities and Exchange Commission issued a decree that could give shareholders a greater say in corporate election spending, Politico reported. Democratic appointees to the Federal Communications Commission and Federal Election Commission also are advocating measures that could publicize currently anonymous contributions to outside groups. Democratic FEC commissioners also are attempting to limit political contributions made by U.S. subsidiaries of foreign corporations.

The moves come after Congress failed to pass legislation last year that would have blunted the impact of the Supreme Court's January 2010 decision in Citizens United v. FEC that removed longtime restrictions on corporate and union political ad spending.

The U.S. Chamber of Commerce is among the critics latching onto the document, calling it evidence President Obama is using his executive power to punish political adversaries and reward supporters.

Chamber spokeswoman Blair Latoff called the draft "an affront to the separation of powers … [and] to free speech" that would create a litmus test for companies wanting to work with the federal government.

Congressional Democrats and White House allies say the executive order would prevent the 2012 elections from being taken over by undisclosed, high-rolling special interests on both sides of the political aisle.

"The fact that congressional Republicans may oppose disclosure does not mean that efforts to obtain it are, by definition, partisan," Fred Wertheimer, president of Democracy 21, a non-profit group favoring stricter campaign finance rules, told Politico.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Russia prepares militarization of Arctic Russia prepares militarization of Arctic
2
Michigan Gov. Rick Snyder officially bans sales of Tesla Michigan Gov. Rick Snyder officially bans sales of Tesla
3
Freedom variant LCS takes to water Freedom variant LCS takes to water
4
Missing college student Connor Trapatsos spotted on surveillance video Missing college student Connor Trapatsos spotted on surveillance video
5
Toyota, Honda, Mazda, BMW, Nissan and GM all affected by defective airbag recall Toyota, Honda, Mazda, BMW, Nissan and GM all affected by defective airbag recall
Trending News
Around the Web
x
Feedback