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Tag Archive: President Obama

Obama’s nonprofit gets more big donors


President Obama's nonprofit group released its donors for the second quarter on Friday, and the group is leaning more heavily on the megarich than it did in the first quarter, when it was launched.

The group also raised more money, bringing in $8.2 million in the second quarter compared to $4.8 million last time. Here is a downloadable .csv file of all the donors, though only those who gave $250 or more are included.

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New appointees are long overdue but is the FEC broken?


Is the Federal Election Commission broken? That's the question a watchdog group asked a panel of experts on the day that the last of the current commissioners' terms expired, leaving the agency that oversees campaign finance law with one vacancy and five holdovers. Campaign finance reformers used the occasion to call on President Barack Obama to appoint new commissioners, something the president hasn't bothered to do since the Senate refused to act on his last nominee.

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House panel tries to open the (financial) books of presidential libraries


As President Obama faces choosing between Hawaii and Chicago as the site of his presidential library, a House committee today greenlighted a bill that would make donors to the institution public.

The next step will be a vote in the full House.

The bill would require future presidential library foundations to report donors to the National Archives on a quarterly basis. The Archives would then post them online in a searchable, downloadable database. The Sunlight Foundation's policy counsel, Daniel Schuman, testified in favor of the measure last week.

The state of Hawaii wants the library near this spot in ...

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After $100,000 inaugural donation, nuclear deal gets closer


Energy Secretary Chu at the Vogtle nuclear power plant site

It turns out there was a good reason, The Nation points out, that we reported extensively on the donors behind President Obama's second presidential inauguration. One of the corporate donors, Southern Company, is expecting a big benefit from the administration. 

An executive with the Atlanta-based utility said last week that the company expects to finalize its long-awaited $8.3 billion loan guarantee from the administration by the middle of the year to help it build a new nuclear power plant with two reactors, the Wall Street Journal reported. The historic loan approval was made in 2010 -- to the ire ...

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