U.S. Senator Elizabeth Warren 34 mins · Just before the Senate adjourned, I asked for a unanimous consent vote on my Truth in Settlements Act. The bipartisan bill is simple: If the government is going to use settlements to hold corporations accountable – rather than taking them to trial for breaking the law – the government should make the terms of those settlements public. The only group objecting to the bill is the Chamber of Commerce, a powerful lobbying organization for giant corporations, who says that if the public knew those facts, they’d demand more accountability for corporate wrongdoing. (Exactly.) I was disappointed but not surprised that some Senate Republicans objected to the vote. We’ll reintroduce and keep fighting for passage of the Truth in Settlements Act in the next Congress.
Posted on: Fri, 19 Dec 2014 17:16:11 +0000
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