Van Hollen-Schumer, Number 2 story at The Times

The Times prominently covers the status of the Van Hollen-Schumer legislative response to Citizens United this morning.

The White House and leading Democrats in Congress are close to proposing legislation that would force private companies and groups to disclose their behind-the-scenes financial involvement in political campaigns and advertising, officials involved in the discussions said Monday.

. . .

Some advocates of a campaign finance overhaul pushed unsuccessfully for stronger remedies in the Democrats’ plan. One proposal would have required a company to get approval from its shareholders before spending money on political advertisements or campaigns.

For jurisdictional and political reasons, officials said, Democrats decided to leave that issue out of the legislation being drafted.

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