Hillary Clinton sets fundraising record
Hillary Clinton, the Democratic frontrunner for the White House, on Sunday said she had raised $26m since she entered the race — almost twice her campaign’s target and more than three times the record for the first quarter of the year before a presidential election. (…) A group of more than 20 large fund managers with responsibility for more than $55bn is demanding that companies — which traditionally keep their political spending secret — disclose all political donations, have them approved by the board and crack down on secret Âpolitical spending by trade associations. The campaign will intensify in the next few weeks when the season of annual investors’ meetings gets under way. Managers involved include New York City’s $41bn pension fund, the Teamsters’ union Âpension fund and Calvert, Walden and Trillium. Forty-two companies — including blue-chips such as AT&T, Boeing and Citigroup — will face shareholder votes on resolutions calling for greater transparency on donations this year, according to Institutional Shareholder Services. A further 10 companies targeted by the campaign — including General Electric, Pfizer and Chevron — have already agreed to improve disclosure of their political spending. Image source: queerty.comNews selected by Covalence | Country: USA | Company: General Electric, Pfizer and Chevron | Source: Financial Times
