Biden to back bill requiring that super PACs disclose donors

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President Joe Biden on Tuesday threw his weight behind a bill that would require super PACs and other groups to disclose their donors. The Senate plans to vote on the measure later this week.

The bill, called the DISCLOSE Act, would require super PACs and so-called dark-money groups to report donors who contribute $10,000 or more during an election cycle.

Biden plugged the measure in a brief White House appearance before heading to New York for meetings and a speech at the United Nations.

“Dark money has become so common in our politics,” the president said. “I believe sunlight is the best disinfectant.”

Senate Majority Leader Chuck Schumer, a Democrat from New York, announced on Monday that his chamber would vote on the measure this week. With midterm elections approaching in November, he called the bill critical to fighting “the cancer of dark money in our elections.”

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Schumer’s fellow Democrat Sheldon Whitehouse of Rhode Island introduced the bill in the spring, noting that Democrats first introduced the DISCLOSE Act in 2010, in the wake of the Citizens United Supreme Court decision. That ruling allows corporations and other outside groups to spend unlimited money on elections.

In remarks on Monday, Schumer said he hoped Republicans would join Democrats in voting for the legislation. The Senate’s top Republican, Mitch McConnell of Kentucky, has said he opposes new disclosure requirements.

Biden made similar remarks about the GOP, saying the late Sen. John McCain, an Arizona Republican, supported campaign-finance reform.

Sixty votes would be needed in the Senate to overcome a filibuster and advance the bill. Democrats currently control 50 votes in the chamber, and Republicans are expected to block the bill from moving ahead.

Democrats have railed against “dark money” but a recent New York Times analysis found the party outpaced Republicans in raising and spending such money in 2020.

This article was originally published by Marketwatch.com. Read the original article here.

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