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National Journal's Under the Influence

EARLYBIRD

Tuesday, April 13, 2010 8:30 AM

From this morning's Earlybird:

• "Andrew L. Stern, the most politically influential and controversial union official in the country, is preparing to resign his position as president of the Service Employees International Union, a union official and a senior Democratic official said Monday," the Washington Post reports.

• "The White House and leading Democrats in Congress are close to proposing legislation that would force private companies and groups to disclose their behind-the-scenes financial involvement in political campaigns and advertising, officials involved in the discussions said Monday," the New York Times reports.

• "Business giants General Electric, Toyota and dozens of others are on the verge of a major victory over President Obama's push to rein in their financial arms," The Hill reports.

• "According to a review of Federal Election Commission records, the nation's 10 richest hedge fund managers have dumped nearly $1 million into campaign accounts over the past several years -- with much of it going to senators who've given them a friendly reception on Capitol Hill," Politico reports.

• The Washington Post reports on the PR battle brewing among the administration, Wall Street and union leaders to shape financial regulatory reform on the Hill.

• Heath Care for America Now, the progressive coalition formed in the summer of 2008 to lay the groundwork for passing reform legislation, has decided not to pack up its tent and go home just yet," Politico reports. "With health reform now law, the group will join a long line of interest groups that hang around Washington after their original reason for forming has passed."

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