Senate Republicans block election transparency bill aimed at PACs and dark money
Republican senators on Thursday blocked a bill that would require super PACs and “dark money” groups to disclose donors who contribute $10,000 or more during an election cycle.
According to a statement from the office of Rhode Island Democrat Sheldon Whitehouse, who introduced the DISCLOSE Act, the bill also contained provisions to require shell corporations spending money in elections to disclose their owners and corporations as well as a “stand by your ad provision requiring corporations, unions, and other organizations to identify those behind political ads – including disclosing an organization’s top five funders at the end of television ads.
Schumer, a New York Democrat, said he supported the bill because individuals who are able to cut million dollar checks “can tilt the tide of an entire election with a single donation,” adding that “at a bare minimum, the public has a right to know, simply to know, who is behind these massive donations.”
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