Tomorrow, PFAW will join the Corporate Reform Coalition to support the Shareholder Protection Act, a valuable tool which will help improve transparency in the wake of Citizen’s United by requiring corporations to disclose their political donations to their shareholders. Often, shareholders of a corporation may be indirectly contributing to a political candidate that they don’t personally support through the corporation's political contributions, and might not even be aware of it.
A press conference announcing the bill will be held on Wednesday, July 13 at noon in the Capitol. Sen. Robert Menendez and Rep. Michael Capuano, who are the sponsors of the House and Senate bills, and Sen. Richard Blumenthal are slated to speak.