
A Canadian steel magnate is set to pay a “record-breaking” fine levied by the Federal Election Commission (FEC) after being found liable for steering nearly $2m in donations to a super PAC supporting former President Donald Trump and candidates aligned with his agenda.
The FEC announced the decision last week in response to a claim against the businessman filed by the Campaign Legal Centre in 2019. The original complaint was based on reporting initially published in The New York Times.