Dear Friend,
Yesterday marked another big win in our campaign to keep corporate dollars from overrunning elections. In an interview on CNBC Public Advocate Bill de Blasio announced that, at our office's urging, financial titan Morgan Stanley has adopted a new policy that renounces the unlimited spending on political campaigns allowed under the Supreme Court's Citizens United ruling. That makes three major banks that have voluntarily decided to say "no thanks" to the corrosive practice of using their corporate treasuries to influence elections.
Watch the Public Advocate on CNBC here:
http://www.cnbc.com/id/15840232/?video=1601070049&play=1
This victory comes on the heels of a similar policy change at JP Morgan last week. There is now a real movement underway in corporate America, one that began with and is sustained by the letters, emails and phone calls to corporate headquarters from people like you. Keep it up! Contact another company listed on our online Corporate Spending Tracker and tell them to follow Morgan Stanley's example.
Thank you,
Matt Wing
Communications Director
Office of the Public Advocate