Third Way's Response To Sen. Warren: Banks Should Disclose Donations

[cal04]

http://talkingpointsmemo.com/livewire/third-way-s-response-to-sen-warren-banks-should-disclose-donors

(snip)
"Our response is that we agree that all public companies should disclose who they give money to —not sure why she's singling out these six but everybody should disclose in the interest of fairness to these shareholders. So we agree with her," Third Way spokesman Matt Bennett told TPM on Wednesday.

Bennett's statement is in response to a letter Warren wrote calling the CEOs of six of the country's major banks to disclose donations to think tanks. Two days earlier, the president and senior vice president for policy at Third Way wrote an op-ed published in The Wall Street Journal criticizing the economic populism of Warren and New York Mayor-elect Bill de Blasio (D). The op-ed seemed to spur Warren to write the letter. If it was, Bennett said it didn't really address the content of the Journal op-ed.

"But we're not sure how that's related to the argument that we were making in the op-ed about entitlement reform and populism," Bennett continued.

(snip)
In a follow-up email, Bennett said, "This organization supported Dodd-Frank, featured Paul Volker, Sheila Bair and Gary Gensler at Third Way public forums, and strongly supported the ACA and every budget deal that raises taxes on the wealthy. Also, we have been at the forefront of the fights for marriage equality, immigration reform, and gun control."

[CurtEastPoint]

1. ALL public companies should disclose political spending but the SEC just scuttled that edict....

http://www.washingtonpost.com/business/economy/sec-drops-disclosure-of-corporate-political-spending-from-its-priority-list/2013/11/30/f2e92166-5a07-11e3-8304-caf30787c0a9_story.html

[Gothmog]

2. I hope that the SEC changes its position

Public companies in general and banks in particular should disclose campaign contributions