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San Jose bans ‘foreign-influenced corporations’ from political donations

San Jose leaders want to make sure that money spent on local elections comes from Americans — and they have passed a landmark campaign finance policy that seeks to do just that. The San Jose City Council yesterday unanimously approved prohibiting “foreign-influenced corporations” from making political contributions in city races in hopes that election results reflect the will of residents, rather than wealthy international moguls and associated companies. It will go into effect in 30 days — just one month before the March 5 primary elections. “Here in Silicon Valley, there’s a lot of corporations that seek to influence policies,” Councilmember…

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