Today U.S. Senator Josh Hawley (R-Mo.) introduced the Ending Corporate Influence on Elections Act to get corporate money out of American politics and dramatically cut back on publicly traded corporations' ability to influence elections. Senator Hawley’s bill will begin to undo the Supreme Court’s 2010 decision in Citizens United v. FEC.
"For decades, Corporate America has funneled billions of dollars into elections in favor of politicians who favor their woke, social agendas—instead of American voters' interests. This legislation would hold mega-corporations' feet to the fire and stop their dollars from buying our elections," said Senator Hawley.
The Ending Corporate Influence on Elections Act would:
- Ban publicly traded corporations from making independent expenditures, political ads, or other electioneering communications.
- Ban publicly traded companies from giving money to Super PACs.
Read the full bill text here.
Senator Hawley's new legislation is part of his larger agenda to hold Corporate America accountable for drowning out the voices of the American people:
In September, Senator Hawley introduced legislation to cap credit card interest rates at 18 percent and bring relief to working people across America.
Last month Senator Hawley also visited with workers on strike at the General Motors plant in Wentzville, Mo., to stand with them and support American jobs.
In May, Senator Hawley introduced legislation to raise tariffs on imports from China until the United States’ unsustainable bilateral trade deficit comes into balance.
In April, he unveiled two bills to crack down on Big Pharma’s exploitative drug prices and cap the cost of insulin.
In December 2022, Senator Hawley stood with and voted to support rail workers as they sought a fair deal with sick leave.
In April 2021, Senator Hawley introduced legislation to break up Big Tech companies seeking to dominate multiple industries simultaneously. More on his efforts to fight back against mega-corporations' growing influence in America can be found on his website.