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NEWS ABOUT: campaign finance

Hsu Guilty of Squeezing Donors for Campaign Cash

Big Hillary fundraiser faces up to 20 years

(Newser) - Ponzi schemer and Democratic fundraiser Norman Hsu has been convicted of campaign finance fraud after two days of jury deliberations, the Wall Street Journal reports. Prosecutors said Hsu had pushed his investors to donate tens of thousands to his chosen political candidates, including Hillary Clinton, between 2004 and 2007. Hsu... More »

Edwards Admits Feds Probing Hush Cash

Candidate may have paid off mistress with campaign donations

(Newser) - John Edwards is being investigated by feds looking to see if he illegally used 2008 campaign funds to hush up mistress Rielle Hunter, the former candidate told the Charlotte Observer, confirming an earlier report in the Edwards-happy National Enquirer. Hunter, hired to film the candidate, was paid $114,000 by... More »

Civil War Rages at RNC

Old guard tries to force spending regulations on Steele

(Newser) - Behind closed doors at the Republican National Committee, a battle’s raging over how much decision-making power chairman Michael Steele should have and, by implication, how much the party trusts him. Some RNC members, led by Treasurer Randy Pullen, the Arizona party chairman, are pushing strict oversight on Steele’s... More »

Supreme Court Will Rule on Hillary Documentary

Anti-Clinton flick deemed campaign ad

(Newser) - Supreme Court judges will go the movies next week when they hear arguments about a feature-length film on Hillary Clinton, the AP reports. Screened in eight theaters during the presidential campaign, Hillary: the Movie fizzled after federal courts said the scathing documentary and its commercials amounted to campaign ads.... More »

Commerce Pick Has Fundraising Skeletons

Locke is no slam dunk: Malkin

(Newser) - President Obama's administration surely hopes Gary Locke will prove a relatively uncontroversial pick for Commerce after the messy Bill Richardson and Judd Gregg nominations. Not likely, writes Michelle Malkin, who covered Locke for the Seattle Times when he was Washington's governor. Locke, she reminds, faced a series of probes from... More »

RNC Chief Sacks Staff; Feds Probe His 2006 Race

Steele accused of misusing 2006 campaign funds

(Newser) - New RNC chief Michael Steele is quickly making headlines, but not exactly of the good-news sort. The Post reports that he's laid off practically all of the RNC staff, a not-too-startling development given the GOP's big election losses, but one that forces him to start from scratch as the party... More »

It's the Small Change We Should Believe In

(Newser) - The 2008 election marked the death knell of post-Watergate public financing, Mark Schmitt writes for the American Prospect, but the raft of small donations that killed the system heralds a hopeful future. The public financing system was designed—and failed—to limit the influence of special interests: “Since the... More »

100 Families Gave $100K to Obama

Rockefellers, Spielbergs among Barack's 'elite' donors

(Newser) - Barack Obama’s political efforts haven’t run purely on grassroots fuel: almost 100 families that gave $100,000 or more made up an “elite” group of repeat donors over the past 2 years, the Washington Post reports. Current donation rules make whopping contributions possible if donors distribute funds... More »

Clinton Writes Off $13.2M Campaign Loan

Forgiving loan helps clear way for confirmation at State

(Newser) - Hillary Clinton has formally written off the $13.2 million of her own money she lent to her presidential campaign, Bloomberg reports. The move is a big step toward shutting down her campaign committee and removing a potential stumbling block to her Senate confirmation as secretary of state. Clinton still... More »

Palin Stylists Collected $110K for 10-Week Campaign

Hair and makeup stylist costs revealed in lastest campaign filings

(Newser) - Sarah Palin's hair and makeup stylists cost John McCain's campaign $110,000 for the 10 weeks she was vice-presidential candidate, reports the New York Times.  Palin’s makeup artist—an Emmy nominee for her work on So You Think You Can Dance?—pocketed over $68,000 for the campaign... More »

Small Donors Didn't Drive His Campaign: Study

(Newser) - The little guy didn't fill Barack Obama's campaign coffers after all, a new non-partisan study says. True, almost 50% of his donations were $200 or less, but many of those donors gave again. Only about a quarter of them stopped at two C-notes, a figure in the same range as... More »

GOP Lawsuits Aim to Undo McCain-Feingold Reforms

Party challenges limits on 'soft money' donations, coordination with candidate

(Newser) - The Republican Party, smarting over its defeat at the hands of Barack Obama’s fundraising machine, is suing to defang the campaign-finance bill John McCain sponsored, the Washington Times reports. Two suits to be filed today will challenge the legislation’s limits on so-called “soft money” and the parties’... More »

Talk About Bad Timing...

GOP files complaint over funding of Obama visit to grandmother— the day she died

(Newser) - Just hours before Barack Obama announced that his grandmother had died, on the eve of the election, the California Republican Party filed a complaint against him for visiting her on his campaign’s dime, reports the Washington Post. The press release announcing the complaint may have been the worst-timed of... More »

Change Has Already Been Delivered—to Campaigning

The '08 version redrew the political map and ruptured the financing system, and more

(Newser) - We can't be sure what kind of change the next president will bring, but we do know that presidential campaigns themselves will never be the same, writes Gerald F. Seib in the Wall Street Journal. Among this year’s innovations:
  • The campaigns have redrawn the political map, making previously locked
... More »

Nonprofit Workers Favor Dems

Charity employees are more likely to donate money to the left side of the aisle, study finds

(Newser) - People in the charitable world lean heavily Democrat and love Barack Obama, but try to keep their affiliation low-key to avoid insulting the other side, the Chronicle of Philanthropy reports. A new study shows that 88% of foundation worker donations went to Dems, enriching Obama's effort by $399,000 and... More »

Obama Donors Get to Hang With the Big Kids

Fundraisers with Kerry, Buffett kept the fat checks coming in

(Newser) - Barack Obama’s money machine has kept rolling thanks, in part, to a series of intimate fundraisers headlined by his top advisers, Politico reports. In exchange for a mere $28,500, Obama supporters could snag seats at a dinner with Warren Buffett or a “Round Table Discussion” with Robert... More »

Obama's Haul Spurs Concern About Faceless Donors

But it paves way for new standard in political fundraising system

(Newser) - The huge success of Barack Obama’s Internet fundraising campaign has sparked concerns about the regulation of campaign finance. Some worry that the faceless system allows for easy abuse, particularly in light of donations from anonymous or clearly fake names such as "Osama bin Laden," the Washington Post... More »

Small Print Lets Donors Write Big Checks

Individuals are giving as much as $70K to candidates and parties

(Newser) - Barack Obama’s small donors have grabbed the headlines this election, but the latest campaign finance reports reveal that big donors have been playing their biggest role in ages, the New York Times reports. Both candidates have used joint committees, which raise money for both the candidates and their parties,... More »

Robocalls Are Legit: McCain

Defends use of same tactic used against him in 2000

(Newser) - John McCain defended his use of robocalls on Fox News Sunday, arguing his attacks on Barack Obama are different from the slanderous calls that targeted him during the 2000 primaries, Politico reports. “These are legitimate and truthful and they are far different than the phone calls that were made... More »

Obama Shatters Records With $150M Sept.

Brings total to more than $600M

(Newser) - Barack Obama scored $150 million in September, he said today, a monthly record that brings his fundraising total to another record topping $600 million, the Wall Street Journal reports. The previous monthly record was Obama’s $66 million in August. Those figures give the Democrat a big leg up in... More »

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