Bloomberg BNA:

Federal Election Commission members said today they were close to reaching a deal to advance new disclosure rules for online political advertisements.

The commission postponed a vote on new rules to give them more time to draft a compromise. The move appeared likely to head off a partisan clash, which could have derailed the FEC’s efforts to write new disclosure rules for political ads on Facebook Inc., Alphabet Inc.’s Google, Twitter Inc. and other online platforms. An FEC vote now is expected to take place March 13 or March 14, said FEC chairwoman Caroline Hunter.

“We’re very close to finalizing” a rulemaking plan, Hunter, a Republican, said at a brief commission meeting. “I have full confidence we’ll get there.”