Biden discusses campaign finance reform measure

  • 📰 AKNewsNow
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The act targets sources of “dark money” such as super political action committees, and faces long odds in the evenly divided Senate.

- President Joe Biden boosted efforts to reform campaign finance laws in remarks Tuesday from the White House, media sources indicate.- or Democracy Is Strengthened by Casting Light On Spending in Elections Act of 2022 - which would disclose donors of more than $10,000 during an election cycle.

S. 4822, sponsored by Sen. Sheldon Whitehouse of Rhode Island, targets sources of “dark money” such as super political action committees and faces long odds in the evenly divided Senate. Dark money causes damage to democracy, Biden said, flooding elections with money with can’t be traced. “Dark money has become so common in our elections,” he said. “I believe sunlight is the best disinfectant.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 460. in BUSİNESS

Business Business Latest News, Business Business Headlines