Madam President, I too want to thank the Senator from Rhode Island, Senator Whitehouse, for his laser focus on the issue of disclosure and transparency. And I want to thank my colleagues here on the floor: Senator Wyden; Senator Stabenow; and Senator Merkley, who was here before; and others within our caucus. In fact, every member of our Democratic Caucus supports the DISCLOSE Act. We support it because the stakes are so high for the future of our democracy. Billions of dollars that have crept in and now are gushing into our political system to influence our elections pose a grave threat to our Republic and to the future of our democracy. Make no mistake, these are corporations and very wealthy people who are spending billions of dollars in secret money to influence people's votes so that they can get their way at the expense of the public interest. You have got a very few people with very deep bankrolls who are using their funds to try to shape our democracy and bend our democracy to suit their interests at the expense of everybody else. And, as President Biden said in his remarks on this earlier this week, even foreign entities--foreign entities that are not allowed to contribute to political campaigns are engaged in these political expenditures--under current law, use dark money, front groups, to try to influence our elections and steer the course of our democracy here in the United States from overseas.…
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