On May 8, A new Federal Election Commission opinion draft was issued concerning whether contributors to U.S. Senator Dianne Feinstein’s campaign may make new contributions to her, even if they had already given her the maximum amount allowed by law. The draft says that such contributors may give again. However, this only applies to contributions which either never went into Feinstein’s campaign bank account, or contributions which were deposited into Feinstein’s bank account and then removed again by the Treasurer.
As been reported previously, Feinstein’s campaign treasurer embezzled millions of dollars from Feinstein’s campaign account. The treasurer was also campaign treasurer for many other California Democrats, and funds intended for some candidates were frequently transferred to bank accounts for other campaigns, before being embezzled.
The draft represents a change in the original draft. The FEC is likely to approve the new draft at its May 10 meeting. Thanks to the Center for Competitive Politics for the link.
How many cops (U.S.A. and foreign) going after the ex- treasurer ???
Perhaps have about 10 folks sign the checks in larger campaigns ???
“Maximum amount allowed by law…?
WTF? A maximum? Isn’t that an impingement on freedom of speech?
How come corporations have no max?
Oh wait…I know…companies don’t speak with funny accents when they exercise their freedom of speech.
Contribution limits only apply to donations, not independent expenditures.
I really like reading news about Contributors. Thanks for that informative post! Best wishes, Alexandra.