There is not enough support among top U.S. Securities and Exchange Commission officials to advance a proposal that would require companies to disclose their political spending, a Republican commissioner said on Wednesday. Daniel Gallagher said the agency had other priorities, and said the two Republican commissioners would not back such a measure. With the SEC currently divided between two Democrats and two Republicans, the lack of support effectively kills for now the measure which has been pushed by disclosure activists. More on Reuters here.
