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Biden To Tout Disclose Act Ahead Of Expected Vote Next Week

US

13:45 ET 18:45 BST: President Biden will use White House remarks today to boost legislation aimed at increasing transparency in political donations during election cycles.

  • Biden's remarks will be livestreamed here: https://www.youtube.com/watch?v=bx0b4afCIoM&featur...
  • The Disclose Act would compel super PACs and "dark money" groups to disclose the source of donations of over USD$10,000.
  • Senate Majority Leader Chuck Schumer (D-NY) said that the upper chamber will vote on the bill next week in order to address a “cancer” in the US political system.
  • Schumer: “When was the last time any of us heard voters say it’s better for billionaires and special interests to buy elections in secret, rather than be held accountable to the public?,” Schumer said Monday. “Of course, they don’t think that unless they themselves are the ones cutting the multimillion-dollar checks.”
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