Recent Developments Highlight Move Toward Secret Political Spending (pdf)
Washington, D.C. – Two recent articles highlight continued efforts to hide political spending. One involves a suit by a conservative think tank to overturn West Virginia disclosure requirements for political spending in state races. The other examines the expanded use of…
New Companies Bring Number Adopting Political Spending Disclosure to 38 (pdf)
Washington, D.C. – In a major expansion of company politicaldisclosure, Adobe Systems (NASDAQ: ADBE), United Parcel Service (NYSE: UPS) and United Technologies (NYSE: UTX) have agreed to report their trade association payments used for political purposes as part of their…
Use of Trade Associations, c4s as Conduits for Secret Political Spending Highlighted by Wall Street Journal (pdf)
Washington, D.C. – The Center for Political Accountability (CPA) applauded the Wall Street Journal for highlighting the growing use of trade associations and “social welfare” organizations to hide political spending. In several reports this and last year, the CPA warned…
Washington Post Highlights Growth, Danger of Stealth Political Spending Through 501c4s (pdf)
Washington, D.C. — As the Center for Political Accountability (CPA) has been warning, 501(c)(4)s and 501(c)(6)s — non-profit “social welfare” organizations and trade associations — are becoming the vehicle for stealth political campaigns. This development was highlighted…
Fidelity Shift in 2007 Proxy Season Tips Scales Toward Corporate Political Disclosure (pdf)
Washington, D.C. – In an important development, top funds in Fidelity, one of the nation’s leading mutual fund families, moved from opposing to abstaining on shareholder resolutions calling for corporate political transparency and accountability in 2007, the Center for…