Search

Reports on the business and financial industry lobbyists' opposition to both financial privacy measures and legislation curtailing unsolicited commercial electronic mail in the U.S. Support of Senators Conrad Burns and Ron Wyden for Can Spam bill to check unsolicited commercial electronic mails; Possible impact of the legislation; Other bills which are to be passed by Congress in its coming session.

The article reports that the U.S. Senate is set for a cloture vote on a motion to take up a campaign finance disclosure bill, in its efforts to close the debate on the DISCLOSE Act, which requires corporations and unions to disclose their spending on campaigns.

The article reports that six U.S. Senators including Robert Menendez, have written to Securities & Exchange Commission (SEC) Chairwoman Mary Schapiro to issue rules to mandate public companies to disclose all their off-balance sheet investments.

The article reports that U.S. Senate has approved an amendment to lobbying and ethics law, offered by Republican Senator David Vitter that would increase civil and criminal penalties on members of Congress who falsify a financial disclosure report. It has also authorized the attorney-general to file criminal charges that include up to a year of jail time The change is applicable also to high-level administration officials and some legislative and judicial branch employees.

Focuses on the efforts of bipartisan campaign finance reformers to pursue the legislation on campaign finance disclosure in the United States. Aim of the reformers to broaden campaign reforms; List of legislators supporting the unified reform strategy; Opposition of Senator Mitch McConnell to the disclosure bill.

Reports plan of the Senate Majority leader to take up a broad financial disclosure bill scheduled for House floor consideration in the United States. Removal of a Senate-passed amendment to the defense authorization bill; Agreement on a scheduling framework for the fiscal year 2001 appropriations bills; Amendments provided for several bills.