Biden defends bill against 'hidden campaign money'

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Biden defends bill against “hidden”campaign money”

United States President Joe Biden

US President Joe Biden on Tuesday championed a bill dear to Democrats that would bring more transparency to what he called “hidden money” fueling election campaigns, but which the Republican opposition rejects.

There is far too much money circulating behind the scenes to influence our elections. It's called occult money, and its existence erodes public trust, he said in a short speech at the White House.

The 79-year-old Democrat refers to the possibility in the United States for certain pressure groups and associations to raise enormous sums of money without having to reveal their origin, to then spend them in favor of a candidate, a party or an idea.

The American press gave the example this summer of a gigantic donation of a billion dollars made to an association of this type, the very conservative Marble Freedom Trust, which mobilizes among other things against the right to abortion.

The media, however, identified the author of this donation, a wealthy industrialist from Chicago.

The Disclose bill plans to oblige any pressure group or association acting thus to declare their donors as soon as the sum donated exceeds $10,000 during an electoral cycle.

The text would impose the same constraint on pressure groups which act at the level of the appointments of magistrates to the United States.

Joe Biden has acknowledged that access to these hidden resources concerns both his party, the Democrats, and the opposition Republicans.< /p>

The fundamental difference is that the Democrats are for more transparency and accountability. Republicans, so far, no. I hope they change their minds, Joe Biden said again.

The bill has already passed the House of Representatives, that the Democrats largely dominate. This is not the case with the Senate, which must vote on the text within the week.

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