S. 4740: A bill to amend the Foreign Intelligence Surveillance Act of 1978 to improve transparency, and for other purposes.

S. 4740 is a bill introduced by Senator Ron Wyden on June 10, 2026, aiming to amend the Foreign Intelligence Surveillance Act (FISA) of 1978 to enhance transparency in government surveillance activities. The bill seeks to increase public insight into how surveillance authorities are used, particularly concerning the collection and use of data from U.S. citizens. It proposes measures such as requiring more detailed public reporting on surveillance activities and implementing stricter oversight to prevent misuse of surveillance powers.

Supporters of S. 4740 argue that the bill is a necessary step toward greater accountability and oversight of intelligence agencies. They believe that increased transparency will help rebuild public trust in government surveillance programs and ensure that these powers are not abused. Advocates highlight that the bill aligns with ongoing efforts to balance national security needs with the protection of civil liberties.

Critics of S. 4740 express concerns that increased transparency requirements could hinder the effectiveness of intelligence operations by revealing sensitive methods and targets. They argue that while oversight is important, excessive public disclosure might compromise national security. Some also worry that the bill could lead to bureaucratic challenges, making it more difficult for agencies to respond swiftly to emerging threats.

The analysis of Bill S. 4740, which aims to amend the Foreign Intelligence Surveillance Act of 1978 to improve transparency, shows no direct industry overlaps with the top donor industries of Senator Ron Wyden. His primary donor industries are Health Professionals and Retired individuals, contributing a total of $2.1 billion. Given that these industries do not have a direct stake in foreign intelligence surveillance matters, the potential for conflicts of interest appears minimal. Additionally, the lobbying activity in this policy area is largely undisclosed, making it difficult to ascertain any direct influence from these entities. However, the lack of overlap suggests that the bill's subject matter is unlikely to be swayed by the financial interests of the sponsor's top donors.

Organizations that lobbied on issues related to this bill's policy area.

Source: Senate Lobbying Disclosure Act (LDA) filings, 2026

Top industries funding Ron Wyden, ranked by total contributions.

Source: OpenSecrets.org (Center for Responsive Politics)