On the recordAugust 1, 2018
I rise today because Senate Republicans have blocked a vote on my amendment, No. 3532. My amendment is really quite simple. It would have struck language in the underlying bill that prohibits the Securities and Exchange Commission from requiring corporations to tell their investors and the public how they spend money in politics. It has been 8 years since the Supreme Court's Citizens United decision, a decision which gave corporations the right to spend unlimited, unchecked, and--more often than not--undisclosed money on our elections. For 8 long years, more and more money has flowed from corporate coffers into campaign ads and political expenditures, and Republicans have defended the dark money poisoning our politics every step of the way. In the 2016 elections alone, outside groups spent more than $1.4 billion, much of it funneled through trade associations and nonprofits, and much of it undisclosed to the public. This is elementary; shareholders don't invest in political agendas or candidates. They invest in companies, and they deserve to know whether the corporate executives of those companies are using their money to grow their businesses or to advance political outcomes that are contrary to investors' values.…
Source
govinfo.gov




