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This bill matters because it aims to increase transparency regarding who is trying to influence U.S. policy on behalf of foreign entities. Currently, there are two main laws for tracking foreign influence: the Lobbying Disclosure Act (LDA) and the Foreign Agents Registration Act (FARA). FARA has stricter disclosure rules, but many lobbyists for foreign clients claim exemptions from FARA and instead register under the less stringent LDA.
This bill doesn't change *whether* lobbyists qualify for a FARA exemption; it only requires them to state *if* they are using one when they file their LDA reports. This means the public will have more information about when a lobbyist for a foreign client is operating under an exemption that allows for less detailed disclosure, helping to shed light on potential foreign influence that might otherwise be less visible.
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This bill matters because it aims to increase transparency regarding who is trying to influence U.S. policy on behalf of foreign entities. Currently, there are two main laws for tracking foreign influence: the Lobbying Disclosure Act (LDA) and the Foreign Agents Registration Act (FARA). FARA has stricter disclosure rules, but many lobbyists for foreign clients claim exemptions from FARA and instead register under the less stringent LDA.
This bill doesn't change *whether* lobbyists qualify for a FARA exemption; it only requires them to state *if* they are using one when they file their LDA reports. This means the public will have more information about when a lobbyist for a foreign client is operating under an exemption that allows for less detailed disclosure, helping to shed light on potential foreign influence that might otherwise be less visible.