The midterm mud is being slung at a ferocious pace and U.S. subsidiaries of foreign corporations are now in the cross hairs.
Fifteen Democratic Senators recently sent a letter to the Federal Election Commission urging them to "repair and strengthen protections against foreign influence of American elections" by not allowing foreign-controlled subsidiaries (or U.S. subsidiaries) to donate to political campaigns and "influence" the election. Those Senators were Sherrod Brown (D-OH), Barbara Boxer (D-CA), Byron Dorgan (D-ND), Dick Durbin (D-IL), Al Franken (D-MN), Kirten Gillibrand (D-NY), Frank Lautenberg (D-NJ), Pat Leahy (D-VT), Bob Menendez (D-NJ), Jeff Merkley (D-OR), Patty Murray (D-WA), Jack Reed (D-RI),Jeanne Shaheen (D-NH), Sheldon Whitehouse (D-RI), and Ron Wyden (D-OR).The kick of this is, with the exception of Sen. Franken, the fourteen other senators have accepted PAC donations from U.S. subsidiaries of foreign corporations. According to opensecrets.org, Menendez tops the donations list with $247,204. Combined, the fourteen Senators have received a total of $1,216,122.00 from U.S. subsidiaries of foreign corporations. Outside of this group, a total of 86 Senators on both side of the aisle have accepted funds.
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