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The Latest Breaking News from FEC

The far-right megadonor pouring over $10m into the US election to defeat ‘the woke regime’

Records show Thomas Klingenstein is at the forefront of donors pushing polarizing politics in the Republican party

The Guardian - US

'Complete Disregard' For $XRP Holders: Outrage After Ripple's Larsen Donates $10M To Harris Campaign

Ripple co-founder Chris Larsen went public with his support for VP Kamala Harris and donated $10 million in $XRP tokens to her campaign.

International Business Times

House Democrats Sue FEC Over Campaign Finance Loophole

DCCC sues FEC over alleged campaign finance loophole exploited by Republicans, seeking court ruling before the upcoming election.

Top News

D.C. Circuit Grants En Banc Review to Consider Reviewability of FEC Enforcement Discretion

It appears that a majority of judges on the D.C. Circuit believe it should be easier to seek judicial review of Federal Elections Commission non-enforcement decisions.

Reason

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Ripple's Larsen Under Fire For 'Feeding The Mouth That Bites You' In Pro-Harris PAC Donation

Ripple's co-founder Chris Larsen is under scrutiny after it was revealed that he donated $1 million in $XRP to a PAC that supports the Kamala Harris 2024 campaign.

International Business Times

Short Circuit: A Roundup of Recent Federal Court Decisions

Abusive speech, criminal rioting, and Bellamy salutes.

Reason

At the Races: Weary of the storm - Roll Call

Welcome to At the Races! Each week we bring you news and analysis from the CQ Roll Call campaign team. Know someone who’d like to get this newsletter? They can subscribe here. By Mary Ellen McIntire, Daniela Altimari and Niels Lesniewski With Southern states like Florida, Georgia and North Carolina still…

Roll Call

If You See the Trump Biopic Before Election Day, Thank Citizens United

At its core, the oft-denigrated decision revolved around whether the government can censor information leading up to an election.

Reason

FEC to consider clarifying what joint fundraising committees can pay for in political ads - Roll Call

The commission will consider two drafts that would clarify whether a joint fundraising committee could pay for an entire ad or simply the part asking for a donation.

Roll Call

What is ‘dark money’ political spending, and how does it affect US politics?

Every campaign season brings renewed attention to the amount of money influencing American politics, and who is spending it, and for what purposes. In particular, people are concerned about what is called “dark money.” For instance, recent media coverage has pointed to escalating dark money spending on both the Democratic…

The Conversation

From Elon Musk to Reid Hoffman, where Silicon Valley is spending its millions in political donations, charted

From Elon Musk to Reid Hoffman, here’s how much Big Tech’s billionaires and multimillionaires have given to Republicans and Democrats in the 2024 U.S. presidential election cycle.

Fortune

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The Guardian - US

Harris campaign raised triple the funds in August that Trump team took in

Vice-president and Democratic national committee pulled in $257m while former president and Republicans saw $85m

Al Jazeera

X’s Grok2AI chatbot escalates problem of deepfakes ahead of US elections

There is no federal law in the US that bans or requires a disclosure of the use of AI in political advertisements.

Roll Call

Congressional primaries to wrap up in three Northeastern states - Roll Call

For the last time in 2024, voters in three states will head to the polls next week to vote in congressional primaries.

Reason

These Democrats Want the FEC To Crack Down on Elon Musk's Grok

Seven congressional Democrats called on the FEC to stop deepfakes. But is there really much to worry about?

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The Guardian - US

The Wisconsin race that could tip the Democratic majority in the US Senate

Tammy Baldwin, so popular that Trump voters support her, faces Eric Hovde, a multimillionaire who has not held office

International Business Times

Former FTX Exec's Partner Michelle Bond Charged For Campaign Finance Violations

Michelle Bond, largely known for her congressional bid in 2022, has been indicted over charges related to illegal financing of her campaign – she received $400,000 from defunct crypto exchange FTX.

The Independent UK

‘That just absolutely killed fundraising’: RFK Jr.’s running mate admits they’re considering joining forces with Trump

Kennedy campaign spent more than $7m in July but only brought in $5.6m

Fortune

Donald Trump is outsourcing his ground campaign—a high-risk strategy as the polls narrow

Thanks to a new FEC ruling on campaign finance, the GOP can adopt the principles of lean manufacturing to canvassing

Reason

European and American Censors Want War With Elon Musk

Beware the Thierry Bretons of the world.

The Independent UK

Texas town continues to demand $500,000 from Trump four years after hosting rally

The City of El Paso has sent an “updated invoice statement” to the Trump campaign that includes a one-time delinquency charge of $98,787.58

Reason

Biden's Exit Exposed the Chaotic Maze of Campaign Finance Law

A $92 million war chest and unclear regulations highlight the need for reform to protect political speech.

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