As stated in the note from the Sunlight Foundation′s Board Chair, as of September 2020 the Sunlight Foundation is no longer active. This site is maintained as a static archive only.

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Sunlight Live to cover Dodd-Frank anniversary hearing

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This Thursday, one year after the president signed a sweeping new financial reform bill into law, the Senate Banking Committee will ask tough questions of regulators in charge of making it real. And Sunlight will cover it live.

President Barack Obama signed the Dodd-Frank Act (officially the “Dodd–Frank Wall Street Reform and Consumer Protection Act”) into law on July 21, 2010. The final bill made massive changes to how the financial industry is overseen, in response to a devestating fiscal crisis that stemmed in large part, experts agree, from recklessness in the financial sector.

The Sunlight Foundation Reporting Group ...

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Help Develop Open Source Corporate Data Apps!

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Last week, XBRL.us launched the XBRL Challenge. The contest, which is offering a grand prize of $20,000, is soliciting open source analytical applications that make use of corporate XBRL data. XBRL is short for eXtensible Business Reporting Language, and starting this past June, all publicly traded companies are required to file their financial statements electronically to the SEC using it.

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2Day in #OpenGov 7/20/2011

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Here is Wednesday's look at transparency-related news items, congressional committee hearings, transparency-related bills introduced in Congress, and transparency-related events. News Roundup: Government

  • Despite India's withdrawal from the Open Government Partnership, the country is still involved with open government initiatives, according to the State Department. (techPresident)
  • The OMB will require federal agencies to report detailed information about their IT investments as part of the Obama administration's push for open government. (Information Week)
  • The Consumer Financial Protection Bureau faces opposition to its regulatory power, and its newly nominated Director will face serious obstacles in his confirmation. (MSNBC)
Ethics
  • Rep. Maxine Waters formally requested that the House Ethics Committee drop its investigation into her activities after committee staffers may have compromised the integrity of the investigation. (The New York Times)
  • A State Department contract specialist participated in awarding more than $52 million worth of contracts to a company owned by her husband and daughter from a previous marriage, according to the Daily Caller. (Daily Caller)
Campaign Finance
  • President Obama was the top recipient of campaign donations from people affiliated with News Corporations. (The National Journal) (The National Journal's article is based on a story by our reporting team on Tuesday.)
  • None of the 2012 Republican presidential candidates will reveal their top campaign fundraisers or bundlers. (ABC News)
  • The Campaign Finance Institute reported that three of the top four fundraisers in the campaign for the presidency have relied mainly on small donors. (CFI)
  • President Obama's reelection campaign has publicly stated that it has not accepted cash from lobbyists, but some of its top fundraisers are in the business of influencing government. (TIME)
  • Sen. Claire McCaskill amended her FEC filings that date back to 2006 after her involvement in a campaign finance scandal. The new records show that her campaign committee did not declare 143 contributions in the 2006 election cycle. (Politico)
  • The FEC may charge former presidential candidate John Edwards nearly $2.3 million due to penalties and primary matching funds. (Roll Call)
Lobbying
  • The Justice Department charged two individuals with acting as unregistered foreign lobbyists for Pakistan; the Pakistani government denied knowing about the case. (The Hill)
  • The Hill published its weekly roundup of high-profile lobbyist hirings. (The Hill)
  • Goldman Sachs lobbyists have met with financial regulators nearly 100 times, iWatchNews reported. (iWatchNews) (The story uses our new Dodd-Frank meeting log, a lobbyist tracking database.)
  • Opinion: “News Corp is not a news company at all, but a global media empire that employs its newspapers – and in the US, Fox News – as a lobbying arm.” (Guardian)
Technology
  • Reddit co-founder Aaron Swartz was indicted in Boston on charges that he stole millions of documents from MIT and JSTOR. (The New York Times)
  • The Office of Management and Budget has joined Twitter, seeking to bring attention to budget-related issues through social media. (Federal Computer Week)
State and Local
  • The American Lung Association in California released a study on how big tobacco money influences California politics. (Mercury News)
  • Opinion: A Maine State Senator should not be allowed to take up a high-profile lobbyist position and keep his Senate seat. (Morning Sentinel)
International
  • The government of British Columbia launched an open data website on Tuesday, making over 2,500 sets of public data available for download. The website has received mostly – though not all – positive reviews. (Vancouver Sun)(The Globe and Mail)
  • Opinion: Defense secrecy in South Africa is a prime example of the lack of transparency and corruption plaguing the country. (The Daily Maverick)

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