The Supreme Court did tremendous damage in the Citizens United case by awarding corporations the same First Amendment rights as people. But the one silver lining in an otherwise abhorrent decision was its support for disclosure....
It remains to be seen how the Supreme Court will resolve the Doe v. Reed case--but yesterday's oral argument made clear, however, that Bopp’s fight against disclosure will not be an easy win.
Iowa leads the way in repairing what Citizens United wiped out: to replace the state's corporate political expenditure laws, they've now instituted rules that require board approvals for corporate political spending.
The Brennan Center urges adoption of the Shareholder Protection Act, which would provide shareholders with notice of corporate political spending, as well as providing shareholders with the ability to vote on future political spending. The Center sent two open letters to Congress supporting the bill.
West Virginia's legislature passed a bill requiring public disclosure by corporations on their campaign spending. WV voters will hopefully soon know who is bankrolling political ads, post-Citizens United.
In a Thursday Congressional hearing, corporate law experts debated how best to improve corporate governance. Most of the experts agreed: Current laws don’t protect shareholders.
How will the impending Supreme Court decision on Citizens United v. Federal Election Commission affect the relationship between new media and campaign finance law?
A day-long conference, "Money in Politics 2009: Horizons for Reform," convened by the Brennan Center, will take place today, May 8th, at the National Press Club in Washington, DC....