There's growing pressure for the U.S. Securities Exchange Commission to enact rules requiring disclosure
of political spending by publicly - traded corporations, although it has yet to move on the issue.
Policy language included in Gov. Andrew Cuomo's $ 168 billion spending plan would tackle the transparency issues surrounding digital ads and requiring new disclosure for what has been the wild west
of political spending in recent years.
Some see Right to Rise as the latest development in the post - Citizens United
world of political spending, where cash - flush super PACs, which can raise and spend unlimited amounts of money, are increasingly supplanting candidates and their campaigns.
After she sent her letter to McNabb, over 65,000 members of Public Citizen, U.S. PIRG, and Common Cause, among others, sent emails to Vanguard asking it to change its voting policy guidelines to vote in
favor of political spending disclosure, she says.
In a discussion paper published today, the Shareholder Association for Research & Education looked at the
question of political spending by Canadian corporations, from an investor perspective.
Senator Warren was also referring to the President's Supreme Court appointment, but is now one of the ringleaders in stifling the President's SEC appointments based on the single
issue of political spending.
Other investors who own Aetna shares also filed resolutions, including F&C Management Ltd., and an investor group led by the Unitarian Universalist Association — seeking greater board involvement and
oversight of political spending.
The governor's call for a disclosure act on donations above $ 500 comes as everyone in state government seems to be pursuing some sort of transparency effort in the wake of the Citizens United ruling and the
onslaught of political spending in the last election cycle (public financing may be a heavier lift to get through the Senate GOP).
In an email, Teachout pointed to the Citizens United decision, which opened up a
spigot of political spending from «super PAC» entities in elections.
Without a presidential race dominating the airwaves, House and Senate races will be on the receiving end of an unprecedented
deluge of political spending this midterm cycle.
The huge
influx of political spending by the fossil fuel sector in the last campaign cycle has also pushed Republicans to the barricades, said Dotson and other Washington observers.
In the years since the 2012 election cycle, a camp of forward - thinking digital strategists has emphasized the importance of digital and data in the
world of political spending.
And yet, this race that barely anyone will vote in has turned into a high - stakes battleground, complete with record - setting
amounts of political spending and bitter negative campaigning.
During the last midterm election in 2014, digital advertising accounted for less than 1 %
of political spending in federal, states and local elections, according to advertising tracking firm Borrell Associates.
Then again, at the end of 2015, Congress slowed possible reform by forbidding the Securities and Exchange Commission from implementing a rule in 2016 to require more robust corporate disclosure
of political spending.
During the last midterm election in 2014, digital advertising accounted for less than 1 %
of political spending in federal, state and local elections, according to advertising tracking firm Borrell Associates.
This money, which represents only
some of the political spending by New York's real estate industry, crossed party lines and benefitted both the Republicans who control the State Senate and Governor Andrew Cuomo.
Workers who dislike union politics just need to withdraw from the union and opt - out
of the political spending (usually by writing an annual letter).
In the ongoing battle over public disclosure
of political spending, Democratic Comptroller Tom DiNapoli is launching a lawsuit against telecommunications giant Qualcomm to have a look at their political spending.
New York State Comptroller Thomas DiNapoli on Tuesday urged the casino operator to disclose
all of its political spending.
Clinton also will lay out other aspects of a campaign finance plan that she had previously announced, including pushing for federal legislation to require disclosure
of political spending and promoting a Securities and Exchange Commission rule that requires publicly traded companies to inform shareholders of their political spending.