By Alana GoodmanBradley A. Smith, chair of the Center for Competitive Politics, said OFA’s decision to reach out to companies like Walmart and Boeing was an acknowledgment from the president that undisclosed corporate money is not necessarily a corrupting influence in politics.“Obama shows through his actions what he really believes,” said Smith. “When he takes these contributions he [shows he] understands … this is not necessarily corrupting.”
By Sarah LeeWatch Brad Smith at a Cato Institute Event discuss campaign finance since 2010′s Citizens United decision.
By Ed Morrissey“While I certainly don’t begrudge Obama for making use of such an organization and taking donations from whoever he wishes, the hypocrisy of doing so is jaw-dropping given the President practically made a part-time job out of bashing groups like Americans for Prosperity and others for… being organized as a 501-C4. The entire Left and many in the media got in on the action, even coining scary sounding monikers like ‘dark money’ to further the Obama rhetoric.
By Alexander BurnsTwo powerful conservative groups reacted with scorn Sunday to a newly unveiled American Crossroads initiative, dubbed the Conservative Victory Project, that plans to work against Republican primary candidates it views as unelectable.
Corporate Governance
By Jeff CunninghamFormer SEC Commissioner Paul S. Atkins was no stranger to the agency when he was appointed by President George W. Bush in 2002, having served in the early 1990s under SEC Chairman Richard C. Breeden as chief of staff and Chairman Arthur Levitt as counselor. Atkins, whose experience spans decades in financial services and securities regulation, is currently chief executive of Patomak Global Partners, which provides consulting services on corporate and financial services industry matters. He also is non-executive chairman of the board of BATS Global Markets, an operator of leading securities exchanges in the U.S. and Europe. With 2012 marking the first presidential election since the U.S. Supreme Court’s Citizens United ruling and with demands from shareholder activists for additional disclosure on the rise,NACD Directorship asked Atkins to share his insights into the latest challenges facing directors and management.
Candidates, Politicians and Parties
By Kerry YoungAs the story goes, when President Franklin D. Roosevelt in 1942 asked Sen. Kenneth McKellar, then the ranking member of the Appropriations Committee, to quietly provide $2 billion for a secret weapons lab, the Tennessee Democrat had a brief and quick response.
Lobbying and Ethics
By Jordy YaThe bad news keeps coming: a Senate Ethics probe, allegations involving underage prostitutes, an FBI investigation of a key campaign donor, undisclosed flights on the donor’s private plane, and now, reports linking Menendez to an existing multi-million dollar contract he urged officials to enforce for the disgraced donor.
By GINGER GIBSON and JOHN BRESNAHANDemocratic Sen. Robert Menendez has found himself at the center of a growing controversy, with accusations swirling of a questionable friendship with a Florida eye surgeon being investigated for Medicare fraud, improper flights to the Dominican Republic and alleged patronizing of prostitutes — including underage girls — while in the Caribbean nation.
FEC
By Ashley PorteroThe Federal Election Commission released its guidelines for the new, increased campaign contributions this week, which the Center for Responsive Politics reports are typically adjusted for inflation during non-election years.
By SEAN PEICKPHOENIX — A state lawmaker wants to force shadowy political groups to disclose the sources of dark money they pump into campaigns.
By Abby LivingstonThe Texas Ethics Commission gave its blessing Thursday to campaign donations via text messaging in state races, according to a website run by the Republican attorney who pushed for the change.