We must commit to immediately end the influence of multinational corporations in our elections.
Following the January 6th insurrection, in which hundreds of Trump supporters stormed the Capitol in an attempt to overturn the results of a free and fair democratic election, major corporations were quick to publicly condemn the violence and said they would stop bankrolling the Members of Congress who sought to block certification of the election results.
Nearly one year later, it has become clear that these promises were just lip service. Recent FEC filings show that major corporations and trade groups have already donated to funds benefiting members of the Sedition Caucus. These corporations and interests have prioritized fueling the political machine for their own self-benefit over the future of our democracy and the American people.These contributions are troubling and indicative of a larger problem in our political system: the unrestrained financial influence of major multinational corporations flies in the face of everything our democracy is supposed to be.
We've witnessed money from corporations with significant foreign ownership flowing into our elections, circumventing direct bans on foreign influence enshrined in federal law. The Supreme Court's 2010 decision increated a massive loophole for foreign interests to acquire stakes in U.S. corporations and then use that leverage to influence or control the corporation's political activity, including campaign contributions, contributions to super PACs, and independent expenditures.
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