Last week members of the Capital Markets Subcommittee forwarded legislation to repeal a portion of Dodd-Frank that requires big banks to disclose income information for all of its employees onto the full Committee on Financial Services for consideration.
The Burdensome Data Collection Relief Act, H.R. 1062 was introduced in March, 2011 and has a long way to go. But if the Act passes it will repeal Section 953 b of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which is meant to increase transparency by forcing banks to disclose the median income for its employees.
According to members ...
Continue readingDecision-Making on Capitol Hill Chilled by Threat of Dark Money
We’ve said it before: One result of the Citizens United case is that lobbyists will have new power. Whether real... View Article
Continue readingNorm Coleman: A Case Study in Wielding Power in the Dark
Norm Coleman has decided to join the cadre of former senators now employed as “senior advisers” for Washington lobby shops.... View Article
Continue readingTransparencyCamp ’11 Recap
Last weekend's TransparencyCamp brought together about 250 government workers, software developers, investigative journalists, bloggers, students and open government advocates of all stripes to share stories, build relationships, and plan together to take on the challenges of building more open government. This year, TransparencyCamp also went global, bringing in 22 amazing transparency advocates from around the world to teach, learn and share with us here in the states.
Continue reading#notintendedtobeastatement
Sen. Jon Kyl, R-Ariz., recently got into a bit of trouble when he falsely stated on the floor of the... View Article
Continue readingDraft Executive Order On Outside Spending Disclosure Would Have Sweeping Reach
During the 2010 midterm election David and Charles Koch, owners of the massive energy conglomerate Koch Industries, became the face... View Article
Continue readingVoluntary Electronic Filing Gains a New Supporter
Senator John Tester announced on Facebook and Twitter that he has joined a very small handful of Senators who electronically... View Article
Continue readingConsumer database survives budget deal
The controversial online consumer complaint database launched by the Consumer Product Safety Commission (CPSC) in March escaped the budget axe for now, according to House legislative language released today.
The database had been targeted by freshman Rep. Mike Pompeo, R-Kansas, who in February attached a successful amendment (H.Amdt.159) to the appropriations bill to defund the database. Pompeo's top campaign contributor is Kansas-based Koch Industries, which had lobbied on the database when the legislation to create it was debated, as we reported last month. His chief of staff, Mark Chenoweth, formerly worked for Koch Industries and was chief ...
Continue readingStill No Earmark Moratorium
I’ve been over this before: there is no earmark moratorium. USA Today just proves that even more with this report... View Article
Continue readingBudget Technopocalypse: Proposed Congressional Budgets Slash Funding for Data Transparency
Data.gov, USASpending.gov, and other Obama tech innovations face virtual extinction if the FY 2011 budget bill passed by the House... View Article
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