5. CORPORATIONS DON’T HAVE TO DISCLOSE POLITICAL ACTIVITY TO SHAREHOLDERS
On page 1,982 of the budget bill, Republicans concealed language that prevents the Securities and Exchange Commission from requiring corporations disclose their political activity to shareholders. This is likely a response to grassroots mobilization among shareholders demanding the companies they invest in dicslose how they spent their vast reserves to influence elections. With the passage of this bill, there’s no way the federal government can require disclosure.
Edited by slupert, 28 December 2015 - 08:45 AM.