Yesterday's House hearing with Jamie Dimon was tougher than the Senate, but we wonder how Eric Cantor would have acted if he were a committee member. His leadership PAC got $45k from JPMorgan donors in May.

Senate Democrats are eyeing DISCLOSE again (will McCain join this time?), we joined a bunch of other reform groups in expressing our disappointment with the White House's response to the FEC petition, Sunlight Foundation is holding a webinar at 2 pm today to learn "how to follow the money in 2012, and just for fun: what if there were attack ads in the Seven Kingdoms?

Campaign Finance/Fair Elections
WaPo: Super PACs and stirring the constitutional pot
Ruth Marcus isn't so sure about the constitutional amendment idea.

NYT: Obama's lawyer demands information on group's donors
"The lawyer for President Obama demanded on Tuesday that Crossroads GPS disclose its donors, saying in a complaint to the Federal Election Commission that the group is plainly a 'political committee' subject to federal reporting requirements." Crossroads' spokesman "noted that Mr. Obama’s campaign has embraced Priorities USA Action, a Democratic group." Mother Jones.

Roll Call: GOP rips IRS for donor request
"As evidence mounts that the IRS is more closely scrutinizing politically active nonprofit groups, Republicans on Capitol Hill have lashed out with assaults on the tax agency and fresh demands for an explanation." Salon.

BNA: Investor resolutions calling for disclosure of political activities garner strong interest (pdf)
"Shareholder proposals submitted by a group of institutional investors to 38 companies calling for disclosure of political lobbying expenditures has garnered substantial investor interest, Walden Asset Management said in a June 20 release."

Sacramento Bee: Citizens United could take us back to when copper was king
Great Dan Morain column on Citizens United and the Montana case. "Then as now, oligarchs were making their desires known."

Congress/2012
Roll Call: Mitch McConnell vs. himself on disclosure issues
Norm Ornstein on McConnell's disclosure hypocrisy: "McConnell now sings a different tune, one that complains about the criticism that the poor billionaires and corporations face when their contributions to these shadow groups are disclosed."

NPR: Big political donors shy away from public scrutiny
"Several dozen wealthy donors have taken advantage of this post-Citizens United world, writing seven-figure checks to political superPACs. Yet it seems there's something wealthy donors weren't counting on when they wrote those checks — attracting attention, including from the political opposition and the media."

Politico: Romney to fundraise with Cantor in the Hamptons
Eric Cantor will join Mitt Romney and several Wall Street types for a fundraiser in the Hamptons on July 8th.

WTSP: Congressman Vern Buchanan to testify under oath
"Sarasota Congressman Vern Buchanan will have to testify under oath in a lawsuit involving his former partner, who alleged Buchanan was the architect of a plan to violate federal elections laws."

Politico: Lobby shop CEO to join RNC
"Top lobby shop Ogilvy Government Relations is losing three veteran Republican lobbyists, including CEO Drew Maloney. Maloney, who has been a close adviser to GOP presidential candidate Mitt Romney, is headed to the Republican National Committee, according to a source familiar with the situation."

Politico: Source: Adelson gives $1 million to pro-Connie Mack super PAC
"Sheldon Adelson is giving $1 million to the super PAC backing Rep. Connie Mack in his Senate bid in Florida, a source familiar with the donation said."

ThinkProgress: GOP front group suggests WWII vets fought to protect secret money in elections
The American Future Fund released a ridiculous new web video thanking McConnell for supporting the rights of billionaires and corps to fund elections anonymously. "Despite attempts by McConnell and his allies at AFF to make the issue about free speech, it is not."

CRP: With Dimon set to testify again, JPMorgan Cahse favors GOP on House panel
On yesterday's financial services hearing: "Members of the House committee have received over $168,000 from the company's PACs and employees thus far in the 2012 election cycle, according to Center for Responsive Politics research." Republic Report.

Politico: Dems won't release jackabramoff.com
The DCCC has no interest in giving up jackabramoff.com and Jack is fighting back.

MSNBC: At Waldorf, Republicans strategize the campaign
"Restore Out Future, the pro-Mitt Romney Super PAC, held the fundraiser for 75 attendees who, according to a source, were 'fired up' at the prospects of a Republican taking back the White House, especially after what they felt was a string of bad weeks for President Barack Obama."