You see a story about it all too often: A campaign's treasurer is accused of embezzlement — stealing or misappropriating campaign money — for themselves or sometimes worse. This is a serious offense on many levels. It is a violation of law.Source: A good treasurer can save campaigns from embezzlement, embarrassment...
Read the complaint in Republican Party of Louisiana v. FEC. This is a major challenge, filed by Jim Bopp, raising not just as applied challenges, but facial challenges to the rules which limit how much money political parties can raise and from whom.Source: Republicans File Major New Challenge to McCain-Feingold Soft Money Rules...
Source: The Million-Dollar Donors to Presidential ‘Super PACs’ So Far...
There’s Jeb, and then there’s everybody else. It came as no surprise that Jeb Bush is the uncontested Sultan of Super PACs with his independent expenditure arm, Right to Rise, pulling in a jaw-dropping $103 million during its inaugural reporting period, more than double its closest competitor.Source: Super Pac Friday: Five takeaways...
The flagship Democratic super PACs in House and Senate races have raised $3.5 million this year, according to their Federal Election Commission reports, giving them a combined $2.7 million in cash on hand after expenses — a little below what the groups had in the bank two years ago.Source: House and Senate Dem super PACs raise $3.5 million...
Four affiliated super PACs supporting the presidential bid of Ted Cruz reported a fundraising haul of $37.8 million — a significant haul that puts the conservative Texas senator in the top fundraising tier. The bulk of the money comes from seven individual donors.Source: Ted Cruz super PACs rake in $38 million...
The super PAC supporting Carly Fiorina raised $3.4 million to support her longshot GOP presidential bid, with much of her support coming from California.Source: Pro-Fiorina super PAC fueled by Calif. cash...
Donald Trump insists he doesn’t need help from wealthy donors for his White House bid, but that hasn’t stopped equestrians, Los Angeles filmmakers, Hispanics and contractors from setting up PACs to boost his candidacy.Source: Donald Trump 2016 : PACs set up to help his campaign...
Democratic presidential candidate Hillary Clinton and her husband former President Bill Clinton made almost $28 million last year and paid about $10 million or 36% of that in federal taxes, according to tax returns her campaign released Friday.Source: Hillary Clinton releases eight years of tax returns...
Jon Stewart is less than a week away from retiring from The Daily Show, but he’s already thinking about his next act: crusading this fall in Washington for the Sept. 11 first responders.Source: Jon Stewart’s next act: Lobbyist?...
