Supreme Court Allows Corporations to Donate Anonymously
The Times reminds us of an unsavory after-effect of the Supreme Court’s recent Citizens United v. FEC case. Under the decision, corporations no longer have to disclose to whom they donate or how much, effectively destroying organizations like Opensecrets.org that attempt to track the influence of money in politics. This is terrible news.
Experts say the ruling, along with a pair of earlier Supreme Court cases, makes it possible for corporations and unions to donate anonymously to nonprofit civic leagues and trade associations. The groups can then use the money to finance the types of political advertisements that were at the heart of last month’s ruling.
Democratic Congressional leaders called the loophole dangerous, and they have proposed legislation that would require nonprofit groups to identify publicly the sources of financing for their political advertisements.