Rebekah Wilce's News Articles

Bank of America (BofA), one of the largest banks in the United States with a major role in the financial crisis, is cutting ties with the American Legislative Exchange Council (ALEC). A company spokesperson informed Timothy Smith, Senior Vice President of Walden Asset Management, by phone that Bank of America is not renewing its membership in ALEC for 2013 "due to budget constraints." BofA did not return the Center for Media and Democracy's (CMD's) calls to independently verify this information.

Corporate lobbyists and right-wing legislators of the American Legislative Exchange Council (ALEC) will be gathering in Washington, DC today for ALEC's annual States and Nation Policy Summit. Today also marks the release of an in-depth report on the failure of ALEC's economic recommendations for the states. The report claims that "states that were rated higher on ALEC's Economic Outlook Ranking in 2007," the first year the ranking was published, "have actually been doing worse economically in the years since, while the less a state conformed with ALEC policies the better off it was."

Across the country in states that allow for citizen lawmaking through ballot propositions, yesterday voters in many states had a direct say in the laws that govern them. There were 188 measures on the ballot in 38 states. Below we review the official, unconfirmed election results of some of the key propositions. Join the conversation on Facebook and tell us about other important propositions in your state.

A Scott Walker-David Koch fundraiser has been sunk by "Superstorm Sandy."

Walker was scheduled to headline a New York Republican State Committee fundraiser tomorrow in New York City hosted by Koch, among other well-heeled GOP bigwigs. A New York State Republican Party notice today informed participants that the event has been postponed.