Report: CAP To Reveal Corporate Donors

ASSOCIATED PRESS

The Center for American progress is expected to reveal its corporate donors in an effort to smooth over the transition of its founder, John Podesta, to the White House as a senior counselor to President Barack Obama, Politico reported Friday:

CAP will publicly disclose a list of its corporate donors as early as Friday morning, officials at the foundation said.

Because CAP is organized under the section of the tax code designed for charities and other public-service organizations, it does not have to disclose its contributors. But CAP’s board — which had come under fire from some of its allies on the left after a report in the liberal magazine The Nation that it took money from Comcast, Walmart and defense contractors — decided over the summer to begin notifying funders that the list would be released at the end of this year. Podesta’s impending move to the White House accelerated that timetable. 

Podesta, a former chief of staff to President Bill Clinton and a Democratic strategist, will recuse himself from discussions about the controversial Keystone XL pipeline which he supports, The New Yorker’s Ryan Lizza reported this week.

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Igor Bobic is the assistant editor of Talking Points Memo, helping oversee the site’s coverage of politics and policy in Washington. While originally from Bosnia and Herzegovina, Igor feels best at home on the beaches of Southern California. He can be reached at igor@talkingpointsmemo.com.

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