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Mr. McCain said he was open to a suggestion made by Mr. Lott after the vote to negotiate an even broader disclosure amendment that could withstand House scrutiny.
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Ms. Etzkorn and Mr. Siegel point out that "banks, credit card companies, insurers and other types of businesses find ways to make money from the fine print nobody can read or understand," and that "lawyers have inundated us with mind-numbing disclaimers, disclosures, terms, instructions, amendments and amendments to amendments" to "avoid lawsuits or other potential problems".
(Clarence Thomas, the silent Justice during oral arguments, believes that even disclosure violates First Amendment rights).
The Property Condition Disclosure Act, an amendment to the state's real property law, applies to one- to four-family residences but not to co-ops, condominiums, raw land and new construction.
Ms. Levenson said she would like to see disclosure of any amendments to existing agreements or waivers that a company has requested from its bank.
He said that subjecting "referendum-petition signatures to on-demand public disclosure" violated the First Amendment regardless of the subject matter of the measure at issue.
CNN also contends that the subpoena is too broad and "unduly burdensome," and some footage being sought, which has never been shown, "is protected from disclosure" under the First Amendment because the defense cannot show it is critical and "not available from any other source".
However, the Fed and its powerful New York arm have so far largely resisted the additional disclosures that the Sanders amendment seeks.
(Only Clarence Thomas believes that disclosure requirements violate the First Amendment).
Arguing that the disclosure rule was a First Amendment issue was the wrong approach for the restaurant chains.
(Disclosure: my organization, the First Amendment Coalition, filed an amicus brief supporting the firms' claims).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com