“Chamber Fights Back Against Pressure to Disclose Political Spending”

Bloomberg BNA has this story ($) on the U.S. Chamber of Commerce’s pushback against efforts to require greater disclosure of corporate spending of campaigns and lobbying, reporting that at a conference of its foundation:

Several speakers … raised concerns about efforts to put public pressure on companies through stockholder proposals to force companies to adopt internal policies requiring greater transparency for political money. The Chamber is particularly concerned about the efforts of a nonprofit group called the Center for Political Accountability (CPA), which tracks corporate policies on disclosure and has created a ranking system to show which of the top U.S. corporations are more or less transparent.

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