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A view of the Securities and Exchange Commission headquarters May 3, 2013 in Washington, DC. AFP PHOTO/Brendan SMIALOWSKI        (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
Received this e-mail from Senator Jeff Merkley (D. OR) today:
UNITED STATES - JUNE 12: Sen. Jeff Merkley, D-Ore., speaks during the Senate Health, Education, Labor and Pensions Committee hearing focusing on employment discrimination against lesbian, gay, bisexual, and transgender Americans and the "Employment Non-Discrimination Act." on Tuesday, June 12, 2012. (Photo By Bill Clark/CQ Roll Call)
What do the Koch Brothers and Karl Rove’s political operation “Crossroads GPS” have in common?

They don’t disclose the names of the big-money donors who contribute to their attack-ad machines.

Unbelievable, right?  The issue isn’t new, but it’s tremendously important.

Ever since the Supreme Court handed down their misguided Citizens United decision, corporate spending has poured into elections across the country.  And Congress has failed to act.

In the face of inaction by Congress, what can be done?  The answer is simple:

The Securities and Exchange Commission (SEC) – a key regulator on Wall Street – could require all public corporations to disclose how much they’re spending on politics.  After all, shareholders deserve to know how their money is being spent.  And it would not require an Act of Congress.

To date, the SEC has failed to act.   That’s why I’ve called on the SEC to issue rules right now to require corporations to reveal how they’re influencing elections.  Shareholders and voters deserve to know.   Sign my petition today and tell the SEC to issue new campaign finance rules right away.

It’s not just the Koch Brothers and Karl Rove.  Deep-pocketed special interests are everywhere, and they’re not shy about collectively pouring hundreds of millions of dollars into an election to push their agendas.

Across America, elections are already happening.   The SEC is our last, best shot at keeping big money out of the 2014 elections – or, at least, making sure the American people know where it’s coming from.

Join me today and tell the SEC it’s time to take action now.

This one’s too important to ignore, and staying on the sidelines simply isn’t an option.  Let them hear us.

Jeff Merkley

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Originally posted to pdc on Fri Mar 21, 2014 at 10:11 AM PDT.

Also republished by Koscadia, PDX Metro, The Democratic Wing of the Democratic Party, Daily Kos Oregon, and ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement.

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