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Jeanne Cummings

Transparent Win for Political Disclosures

Pressure is rising on corporations to disclose their political activities.

Campaign finance reformers often blame the Supreme Court's decision in Citizens United for opening the financial floodgates, enabling big donors to remain anonymous even as they increase their funding of political causes. Now, Citizens United may be the catalyst for somethamount ing else -- increased disclosure of political funding by American corporations.

U.S. Steel Corp. today becomes the latest corporation to agree to disclose its spending on candidates, political parties, ballot measures and other political activities. Ten other companies, including McGraw Hill Financial Inc. and Eastman Chemical Co., have adopted similar disclosure standards since the start of 2015.