Obama Administration Pondering Limiting Anonymous Donations--The Kind the Tea Party Loves

According to the Politico, the Obama administrations is mulling several options which would limit or compel disclosure of the kind of anonymous donations that fueled so many of the attack ads that ran during the 2010 midterm elections, the result of the Citizens United Supreme Court decision which opened the doorway for anonymous special interest groups to run ads on both sides of the political spectrum (but the majority of the 2010 ads came from moneyed, right-leaning groups like the Chamber of Commerce). Writes Kenneth P. Vogel:

 The White House last week began circulating a draft executive order that would require companies seeking government contracts to disclose contributions – including those that otherwise would have been secret – to groups that air political ads attacking or supporting candidates.

Similar ideas are emerging from regulatory groups like the Security and Exchange Commission and the Federal Elections Commission.

While this draft has groups like the Chamber of Commerce fuming, it has campaign finance reform-minded groups cheering.

Read more at the Politico.

AlterNet / By Sarah Seltzer

Posted at April 20, 2011, 3:59am

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