The Anti-Capture Corporate Governance Act of 2025
Under current law, corporate political spending is often decided by a small group of executives with little input from shareholders, workers, or the public. This bill does not ban that spending. Instead, it requires the approval and oversight of the shareholders whose money is being spent.
What the bill does
Requires shareholder authorization before large corporate political expenditures, plus annual political spending budgets approved by shareholders — no unchecked or last-minute spending.
Prohibits political spending by corporations with significant foreign ownership or control.
Requires rapid public disclosure of major political expenditures, so voters and shareholders know where the money is going.
Workers must be informed when their company engages in substantial political spending.
Creates a Corporate Democracy Office within the SEC to oversee compliance, audits, and enforcement.
What this bill is not
The bill does not ban corporate political spending, regulate viewpoints, or overturn Citizens United. It works within existing First Amendment doctrine. The only change is that spending decisions require the approval of the shareholders whose money is being spent.
How you can help
Mention the bill by name. A script you can use:
"I'm calling to urge Representative [Name] to support the Anti-Capture Corporate Governance Act of 2025, which strengthens shareholder oversight and transparency in corporate political spending while respecting the First Amendment."
Forward it to anyone working on corporate governance, investor advocacy, or transparency.
Endorsements from good-governance nonprofits, investor advocates, and labor groups help a bill get taken seriously.