📢People Power United endorses the 'Get Foreign Money Out of U.S. Elections Act'
🗽The power of the people is stronger than the people in power!
People Power United joined other local, state, and national groups today to endorse the Get Foreign Money Out of U.S. Elections Act.
Shout out to Senator Sheldon Whitehouse and Representative Jamie Raskin for leading this effort. Other co-sponsors include: Allred, Carson, DeSaulnier, Goldman, Johnson (GA), Levin, Norton, Scanlon, Schakowsky, Tlaib, Trone.
Here is the letter sent to all members of Congress on behalf of our People Power United members:
July 8, 2024
Dear Colleague:
For American democracy to thrive, our elections must reflect the will of the people. But foreign investors now participate in our elections though the gaping Citizens United loophole. Companies accountable to foreign investors are investing hundreds of millions of dollars in political communications and electoral advocacy in U.S. elections. That is why Senator Whitehouse and I are introducing the Get Foreign Money Out of U.S. Elections Act, which would close this loophole and prevent big-money contamination of our elections by foreign-controlled, foreign-influenced and foreign-owned corporations.
Current law bars individual foreign nationals from personally spending in U.S. elections. But no law bars political spending by American-registered corporations, including major multinationals, that are appreciably foreign-controlled, foreign-influenced or foreign-owned. The Get Foreign Money Out of U.S. Elections Act uses well-supported foreign ownership thresholds to determine when U.S. corporations should be prohibited from spending from corporate treasuries to influence voters in our elections. The legislation would not affect a corporation’s political action committee (PAC), donations from executives and citizen employees in their personal capacities, or corporate lobbying. Nor would it apply to non-profit entities or individual permanent residents living in the United States who have a right to contribute and spend in our elections.
Closing this loophole is essential to protecting self-government. To join as an original cosponsor of the Get Foreign Money Out of U.S. Elections Act, please contact my office by COB on July 9, 2024.
Very truly yours,
Jamie Raskin
Member of Congress
Endorsing Organizations: Blue Haven Initiative, Center for American Progress, Citizens for Responsibility and Ethics in Washington (CREW), Clean Elections Texas, Common Cause, Communications Workers of America, DAWN, Citizens United / Let America Vote Action Fund, Fix Democracy First, Free Speech for People, Michiganders for Fair & Transparent Elections, NETWORK Lobby for Catholic Social Justice, People for the American Way, People Power United, Public Citizen, Secure Elections Network, Voices for Progress
Today’s call-to-action
Call your member of Congress (202) 224-3121 and ask them to co-sponsor and support the Get Foreign Money Out of U.S. Elections Act
Click here to sign the petition: Get Foreign Money Out of U.S. Elections Act
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