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Monday, May 4, 2015

Democrats introduce KOCH Act–Keeping Our Campaigns Honest–would require PACs to name donors

by Jen Hayden

Democrats are trying to create a bit more transparency around campaign ads
Well, this is something:
David Koch, executive vice president of Koch Industries, attends an Economic Club of New York event in New York, December 10, 2012.  REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS POLITICS) - RTR3BFKFFrustrated with the Koch Brothers and other wingnut donors pouring money into attack ads, Democrats are asking a federal agency to enact tougher political disclosure rules. But that agency isn't the Federal Election Commission, which typically handles campaign finance issues. Instead, top Democrats in the House and Senate are pressing the Federal Communications Commission to use its power over the nation's airwaves to make super PAC spending more transparent.
The Keeping Our Campaigns Honest Act (yes, that's the "KOCH Act") would direct the FCC to require that super PACs and other outside political groups disclose their major donors in TV and radio ads.
Sixteen Democrats are backing the bill, including Nancy Pelosi. In reality, the bill isn't likely to make it through a Republican-misled Congress, but they are hoping the FCC will act on its own to make changes and create greater transparency.

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