Political Quotes

“Woman, companies are already going ahead and disclosing political donations. 196 of the Fortune 500 companies have disclosure policies in place, up from 174 in 2015. More companies are deciding this is the right way to approach their political giving. But I don't have anything to say against their voluntary decision. I do think it is a mistake to force compliance through disclosure laws at a time when public markets are less attractive than ever for going public. Capital formation in the United States of America could easily be improved and has, in fact, suffered by a heavyhanded regulatory approach. Corporations are not treated differently than individuals are. There is nothing that compels an individual to disclose every single dollar they donate and to whom. This would go in the other way. If you decide to go public in the United States, you are treated differently under the law than a private company or a private individual. The reality is, under the law, you should be treated the same way. In some cases, you are allowed to give a donation privately, and in other cases, you are not. Corporations have to comply with that law. The Federal Election Commission administers that law, not the Securities and Exchange Commission. Madam Chair, I reserve the balance of my time.”