John,

The San Jose City Council unanimously voted in favor of a landmark campaign finance law that will combat the influence of foreign corporate spending in city elections. The ordinance will prevent nearly every member of the S&P 500 from making political expenditures in city elections, including Silicon Valley giants Apple, Alphabet (Google), and Meta, due to the significant levels of foreign influence in their companies.

This legislation, based on the model we successfully passed in Seattle and Minnesota, is already under consideration in Hawaii, California, Washington, and New York, as well as the U.S. House of Representatives. It prohibits corporations from spending money in San Jose’s elections if they are foreign-influenced, defined as 1 percent or more ownership by a single foreign investor or 5 percent or more ownership by multiple foreign investors.

Each new victory brings us one step closer to a democracy by and for the American people, not corporations or foreign entities.

Onward,
Free Speech For People