In the News: Wall Street Journal: In Wake of IRS Scandal, a Push to Nix Disclosure of Corporate Political Cash

By ANDREW ACKERMAN And SCOTT PATTERSON  
WASHINGTON—Republican lawmakers sought to leverage the Internal Revenue Service’s targeting of conservative groups to thwart a controversial regulatory effort that could require publicly traded companies to disclose political contributions.  
At a House Financial Services Committee hearing Thursday, Republican lawmakers pushed Securities and Exchange Commission Chairman Mary Jo White to abandon plans to require such spending disclosures, saying the IRS scandal illustrates how information can be misused. 
At a House Financial Services Committee hearing Thursday, Republican lawmakers pushed Securities and Exchange Commission Chairman Mary Jo White to abandon plans to require such spending disclosures, saying the IRS scandal illustrates how information can be misused.
“Given the ongoing concerns being raised by the American public about this administration’s attempting to bully organizations that disagree with them politically…can you commit formally today to removing the mention of a corporate political-disclosure requirement” from the agency’s agenda, Rep. Scott Garrett (R., N.J.) asked Ms. White.

The Center for Competitive Politics is now the Institute for Free Speech.