CNBNews

by Fred Lucas

Washington (CNSNews.com) –  In what the White House calls a push for transparency, a pending executive order would require companies doing business with the federal government to disclose political contributions to independent groups, but would not place the same requirement on public employee unions or federal grant recipients that typically donate to Democrats.

Entitled the “Disclosure of Political Spending By Government Contractors,” the order would implement parts of the DISCLOSE Act, which failed to get through Congress last year. The legislation sought to restrict campaign speech after the landmark Citizens United vs. Federal Elections Commission U.S. Supreme Court ruling that upheld the right of corporations and unions to donate to campaigns.

White House Press Secretary Jay Carney confirmed Monday that work is underway on the draft order, and linked the move to President Obama’s stated commitment to transparency.

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