1. Short title This Act may be cited as the Campaign Finance Transparency Act . 2. Membership of Federal Election Commission (a) Reduction in Number of Members; Removal of Secretary of Senate and Clerk of House as Ex Officio Members (1) In general; quorum Section 306(a)(1) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30106(a)(1) ) is amended— (A) by striking There is established and inserting (A) There is established ; and (B) by striking the second and third sentences and inserting the following: (B) The Commission is composed of 5 members appointed by the President by and with the advice and consent of the Senate, of whom— (i) no more than 2 may be affiliated with the same political party; and (ii) at least 1 shall not be affiliated with— (I) the political party with which the most members of the House of Representatives are affiliated