Monday, June 27, 2022

WATCH: New video by Robert Reich on Foreign Corporate Money in US Elections

 


The biggest threat of foreign interference in our elections just might be multinational corporations. 


Citizens United created a massive loophole for foreign interests to acquire stakes in U.S. corporations and then use that leverage to influence or control the corporation’s political activity, including campaign contributions, contributions to super PACs, and independent expenditures. 


American companies like Amazon and Airbnb with significant foreign ownership have used their money to influence the outcome of elections and to advance political agendas on every level of government in their favor.


WATCH: Former Labor Secretary Robert Reich on Foreign Corporate Spending in U.S. Elections

That’s why in December, Representative Jamie Raskin introduced federal legislation that would bar corporations with significant foreign ownership from contributing to candidates, parties, or committees (including super PACs) or from engaging in their own direct election spending. Free Speech For People was instrumental in drafting this model legislation, and we continue to advocate for it on all levels of government.


This is one issue where Democrats, Republicans and independents largely agree: foreign-influenced corporate spending in our elections blatantly undermines our democracy. By banning multinational corporations from pouring unlimited sums of money into our elections, we are upholding the letter of the law and getting us one step closer to a government of, by and for the people.


Sign if you agree: It’s time to end foreign-influenced corporate spending in U.S. elections.


In solidarity,
Free Speech For People

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