The SEC Can Mitigate The Impact Of The Citizen's United Decision By The Supreme Court

Since the Citizen's United decision corporations have been able to contribute unlimited funds to political campaigns.  Mary Jo White's nomination to be head of the SEC has been approved by the Senate Banking Committee.  A campaign has been formed to encourage her to require corporations to make their contributions visible to shareholders.  Corporate managers often make contributions that serve their short-term interests.  They may not be in the interest of other stakeholders, including pension funds that cannot sell their large holdings without causing the value of their holdings to fall.  She has the votes necessary to make a decision to reduce the harm of the Citizen's United decision that has made a mockery out of the electoral process.  Over $6 billion was funneled into campaign's to fund the last election cycle.  We have a system of one dollar per vote as opposed to one vote per person.