WASHINGTON, D.C. – U.S. Senator Angus King (I-Maine) released the following statement today after the Senate voted down S.J. Res 19., a proposed Constitutional amendment, which he cosponsored, that would regulate and limit the raising and spending of money for federal political campaigns:

“While I am disappointed today’s vote failed, I will continue to look for ways forward on campaign finance reform – particularly on the issue of disclosure, which the Supreme Court has expressly left open to us to address,” Senator King said. “Without some sort of action by the Senate, I believe the onslaught of unchecked money into our political system will only continue to undermine our democracy and erode the public’s confidence in us as elected officials.”

Senator King has chaired two Senate Rules Committee Hearings to examine the influence of dark money on U.S. elections and underscore the urgency of expanding disclosure requirements for campaign contributions. He has also introduced the Real Time Transparency Act, which would require that all campaign contributions of $1000 or more be filed with the FEC within 48-hours.

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