Obama Organization To Disclose All Donors

    A nod toward transparency.

    WASHINGTON — President Barack Obama's new nonprofit will disclose all donors, a senior Democrat close to the White House said Friday.

    The 501(c)4 will exist separately from the Democratic National Committee and will be able to accept unlimited donations.

    The decision to disclose all donors will help placate good-governance advocates and a potential liability as the self-proclaimed "most transparent administration ever."