IRS Drops 'Dark Money' Rule, Will No Longer Require Disclosure of Donors to Political Nonprofits

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Salon
Expert

President Donald Trump has just removed an old IRS rule that required specific types of nonprofit organizations to disclose the identities of their large donors.

"Treasury Secretary Mnuchin’s announcement is a thinly-veiled attack on transparency in political campaigns," Adav Noti, senior director at the Campaign Legal Center and a former associate general at the Federal Election Commission (FEC), told Salon by email. "The information that he is allowing organizations to withhold from the IRS was one of the very few remaining protections for voters against the influence of foreign dark money in elections. So the administration has made a choice to deprive law enforcement agencies of the information they need to detect and deter illegal campaign spending by foreign powers."

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