U.S. Senator Russ Feingold
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Presidential Financing System | Bipartisan Campaign Finance Reform Act | 527s |
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Since November 2003, when I introduced the Senate Campaign Disclosure Parity Act, I have sought to require the electronic disclosure of Senate campaign finance reports. This common-sense legislation, which I re-introduced in January 2007 with Senator Thad Cochran (R-MS), will finally bring Senate campaigns into the 21st century by requiring Senate campaign reports to be filed electronically and forwarded to the Federal Election Commission (FEC) within 24 hours.

Currently, interested members of the public and the press have to waste countless hours sifting through computer images of paper-filed copies of reports. The public deserves quick and easy access to these reports. The current system also wastes hundreds of thousands of dollars to re-enter information from paper copies into databases, even though almost every campaign already has this information available in electronic format.

Political parties, political action committees, presidential candidates, and candidates for the House of Representatives are already required to file their FEC reports electronically. Only Senate candidates are not subject to this requirement, and there is no good reason for that. This legislation will allow the public to quickly and easily access information about contributors to Senate campaigns in the weeks leading up to an election.

Even though my bill was passed unanimously by the Rules and Administration Committee and has broad bipartisan support, it is currently being blocked by an anonymous Republican Senator. Despite this anonymous objection, I will continue my efforts to pass this legislation.

Statement of U.S. Senator Russ Feingold on Citizens United v. FEC - October 21, 2009

Statement of U.S. Senators John McCain and Russ Feingold on the Implications of Supreme Court Case Citizens United v. FEC - September 9, 2009

Statement of U.S. Senator Russ Feingold on the Republican National Committee's Announced Lawsuit Challenging McCain-Feingold - November 13, 2008

Statement of U.S. Senator Russ Feingold on Continuing Efforts to Reform the Presidential Public Financing System - October 30, 2008

Statement of U.S. Senator Russ Feingold on the Supreme Court's Decision on the Millionaire's Amendment - June 26, 2008

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