Sunlight in Federal Agencies

In a NY Times article today, (, the Federal Reserve, FDIC, CFTC and the SEC, in response to the recently passed Dodd-Franks bill, announced new disclosure policies designed to shed sunlight on meetings with private sector representatives (read Lobbyists).

While the meeting will not be posted to the agencies web sites in real time, they will be published every two weeks.

This is a significant step forward in bringing rule making meetings between senior agency officials and lobbyists out in the open for all to see.

Our elected representatives should follow this example and publish their meeting schedules and topics discussed on their official web sites.

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