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Demanding disclosure and transparency in campaign finance
CED is deeply concerned about the changes taking place in political finance. Current fundraising practices promote a pay-to-play mentality that encourages political giving as a means of influencing legislative decision-making. Prospective donors, particularly members of the business community, are encouraged to pursue influence through contributions. Increased political spending diverts corporate resources away from job-creation, and can result in an increased focus on short-term gains over the long-term public interest. CED has long stated that a vibrant and strong economy results from business competition in the marketplace, not in the political arena.
Judicial elections are experiencing similar, alarming trends. In a growing number of states, judicial races are evidencing an "arms race mentality" of rising expenditures, heightened competition, and growing interest group activity. Consequently, significant portions of the American electorate believe that campaign donors and political supporters are buying the influence of the nation's judges.
These developments prompted CED to examine the process of judicial selection and the role of money in the political system, and to propose reform. In 2010, CED combined its Campaign Finance Reform and Judicial Selection Subcommittees into the Money in Politics Subcommittee, led by Edward Kangas, the former Global Chair of Deloitte Touche Tohmatsu, and Landon Rowland, the former CEO of the Janus Funds.
What's NewNews Thursday, April 19, 2012 CED and the Brennan Center for Justice dinner with NY LEAD CED and the Brennan Center for Justice hosted a dinner on Wednesday, April 18th with NY LEAD, a new coalition of business, academic, and philanthropic... read moreThursday, April 19, 2012 CED Supports NY LEAD Campaign Finance Reform Effort Washington, D.C. – The Committee for Economic Development (CED), a business-led policy group, today confirmed its support for campaign finance reform legislation championed by NY... read moreThursday, March 29, 2012 CED Executive VP Mike Petro Speaks on Public Financing at Brennan Center Forum On March 29, The Brennan Center hosted a discussion on the benefits of public financing in New York State. Panelists included: Mike Petro, CED's Executive... read moreEvents Friday, March 16, 2012 Policy Luncheon - Rule and Ruin: The Downfall of Moderation and the Destruction of the Republican Party, From Eisenhower to the Tea Party 12:00 noon to 1:40 p.m.Committee for Economic Development2000 L Street NW, Suite 700Washington, D.C. 20036Registration and a Buffet Lunch will open at 11:50 a.m.Click Here... read moreFriday, March 2, 2012 United Citizens: How We Revive Our Democracy On Friday, March 2, 2012 Charles Kolb, President of CED, will speak at the New York University John Brademas Center for the Study of Congress... read moreTuesday, December 6, 2011 CED President Charles Kolb to speak at Council on Governmental Ethics Laws The Committee for Economic Development's President Charles Kolb will be Plenary Speaker on December 6, 2011 at the Council on Governmental Ethics Laws (COGEL) Annual... read moreCommentary Tuesday, November 1, 2011 CED Trustee Landon Rowland on the Dylan Ratigan Show CED Trustee Landon Rowland appeared as a guest on the Dylan Ratigan Show to discuss the corrupting influences of money in the election of judges.... read moreThursday, June 30, 2011 Pay-to-Play America By Charles Kolb for the Huffington Post
The former New York Controller, Alan Hevesi, is now in a New York prison. He received a one-to-four-years sentence... read moreMonday, February 28, 2011 Jukebox Justice: American Judges for Sale By Charles Kolb for the Huffington Post
Can American state judges be bought, legally? The answer to that question is not entirely clear. The fact that... read moreReports Tuesday, September 27, 2011 CED Releases Three Reports on Reducing the Money in Politics Three CED sister reports outline the major effects of Citizens United on the private sector and urge meaningful voluntary corporate action to resist the "pay... read moreTuesday, October 31, 2006 CED Update on Money & Politics
2006
Just ahead of the 2006 mid-term elections, CED issued a Update on Money & Politics that addresses party fundraising in the 2006 election. Prepared by... read moreTuesday, April 5, 2005 Building on Reform
A Business Proposal to Strengthen Campaign Finance (2005)
In this report that follows the 1999 report Investing in the People's Business, CED makes three categories of... read more |
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