In the wake of the DISCLOSE Acts death, Sens. Sheldon Whitehouse (above) and Jeff Merkley touted a Securities and Exchange Commission proposal that would require public companies to report their political spending.
“There is considerable difficulty within the GOP over the position that Leader McConnell has obliged them to take,” Whitehouse said. He added that some Republican colleagues have expressed fears about political fallout, telling him, “We are one scandal away from owning this mess.”
Murkowski said in her floor comments that she has been and will continue to discuss disclosure legislation with her colleagues on both sides of the aisle. But she acknowledged that this Congress has essentially run out of time to address the issue.