Battling the Citziens United Supreme Court ruling, U.S. Sen. Frank R. Lautenberg (D-Cliffside Park) signed on as an original cosponsor of legislation to blunt the impact of the decision.
The DISCLOSE Act, introduced today by Sen. Chuck Schumer (D-NY), would enact tougher financial disclosure rules in campaign advertisements and ban foreign nationals or their domestic subsidiaries from influencing elections with campaign contributions.
“The Citizens United decision opened the floodgates for special interest money, and now Wall Street and other corporate big spenders are drowning out the voices of everyday Americans,” Lautenberg said. “This bill will help ensure that political campaigns are fair and transparent. We are acting quickly to prevent the Citizens United decision handed down in January from distorting the upcoming midterm elections. We must move this bill soon and put these protections in place this year, so that when voters go to the polls in November, they know who the candidates truly represent.”