Biden pushes donor transparency bill, Schumer pledges action this week


President Joe Biden will comment Tuesday afternoon on legislation requiring disclosure from donors to dark money groups that raise huge sums of money to influence elections.

The comments come after Senate Leader Chuck Schumer, DN.Y., said Monday he plans to vote on the Democratic bill this week.

“This bill would fight the cancer of black money in our elections and require dark money groups to report campaign contributions,” Schumer said in a statement.

The legislation requires disclosure of donors who give $10,000 or more to a super PAC or 501(c)(4) group in an election cycle. It has been introduced repeatedly over the past decade, but is unlikely to gain Republican support after years of opposition. There are currently no Republican co-sponsors of the legislation.

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The so-called Disclose Act was originally drafted by Democrats in response to the 2010 Supreme Court Citizens United ruling that allowed corporations and unions unlimited spending on elections. Schumer’s announcement comes months after he said the bill would be voted in the full chamber.

Whitehouse told NBC News Monday that he would support the bill “even if it were” that Democrats now raise more money from anonymous donors than Republicans.

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“The most important thing — what I’d like to see is that we as Democrats and Republicans can come together and end this toxic nonsense in our political system,” Whitehouse told NBC News. “And unfortunately I think we will see Republicans become so dependent on it and so in love with it that they will fight to protect it rather than fight to clean up our democracy.”

Earlier this year, the Senate’s top Republicans reiterated their opposition to new donor disclosure requirements. Minority leader Mitch McConnell, RK.Y., and Republicans on the Senate Judiciary Committee have carried out a series of attacks on leftist “dark money,” particularly the Demand Justice organization, during the hearings of then Supreme Court nominee Ketanji Brown Jackson.

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“I’m in favor of the way campaigns and issues are currently funded,” McConnell said in March, referring to independent 501(c)(4) groups that can raise large sums of money and hide donors. “There are rational reasons for not disclosing those entities. That has been my job for a quarter of a century and that is still my job.”

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