Jeff Merkley actually said...

"But, there is no rule for disclosure in this area and the SEC has refused to do it. Is it not a valid interest of an owner to know how political speech is being conducted with their money?"

"I am going to turn to the issue of whether owners of companies have a right to know how that company is spending their money, the owners' money, on political activity."

"Is it, Ms. Fairfax, appropriate that the SEC has failed to address this fundamental conflict of interest and has failed to follow the law written by Congress?"

"I would like to encourage your team to help advocate for taking the concept that you all have elevated in the regulations, working with Congress to make it a permanent part of the law."