“Federal prosecutors are preparing to charge longtime GOP fundraiser Elliott Broidy in connection with efforts to influence the U.S. government on behalf of foreign interests, a result of a sprawling, years-long investigation that involved a figure who helped raise millions for Donald Trump’s election and the Republican Party,” the Washington Post reports.
In newly-filed paperwork, USPS Board of Governors Chairman Robert Duncan is listed as Director of the Senate Leadership Fund, a $130 million super PAC backing Sen. Mitch McConnell’s priorities.
“Kanye West’s presidential campaign continues to push to get him on the ballot in states across the country. But it’s now a full week late with its campaign finance filings, a move that’s allowing the shadowy organization to hide how deep the GOP efforts to back his spoiler campaign go,” Vice News reports.
“The monthly campaign finance filing was due with the Federal Election Commission on August 20. But West’s campaign still hasn’t submitted the paperwork, a requirement for all presidential candidates that planned to raise or spend at least $100,000 on the campaign.”
Daily Beast: “Political donations by non-disclosing groups… have skyrocketed in recent years. During the 2018 election cycle, such groups provided roughly $178 million to federal political committees… In 2020, they’re on track to far surpass that total. By the end of June, non-disclosing groups had donated $177 million to federal political committees.”
“The result, experts say, has been an erosion of fundamental rules governing American elections and the growing amounts of money spent to affect their outcomes… The phenomenon is not confined to one political side or the other.”
“President Trump’s re-election effort is alleged to have paid more than $170 million to companies affiliated with former campaign manager Brad Parscale without disclosing the ultimate recipients of the money,” the Wall Street Journal reports.
“Donald Trump has not given a dime to his reelection campaign, opting instead to fund the entire effort with his donors’ money. His business, meanwhile, has continued to charge the campaign for things like food, lodging and rent. The result is that $2.2 million of contributions from other people has turned into $2.2 million of revenue for Trump,” Forbes reports.
“And that’s just counting the money flowing directly through the president’s campaign. His reelection apparatus also includes two joint fundraising committees, which work with the Republican party to raise money for Trump. Since he took office, those entities—named Trump Victory and the Trump Make America Great Again Committee—have funneled another $2.3 million into the president’s private business.”
“Then there’s the Republican National Committee, which has spent an additional $2.4 million at Trump properties. Add it all up, and the president, working in concert with the party he leads, has helped push $6.9 million into his businesses since taking office.”
President Trump’s campaign, the Republican Party and two affiliated committees have spent more than $983 million since 2017, a record-breaking sum toward a reelection effort at this point in the presidential campaign, the Washington Post reports.
“A new super PAC made a splashy entrance onto the Senate battleground scene last week, reporting millions in spending backing Democrats in key races. There’s just one problem: The ads don’t exist,” Politico reports.
“The group, Americans for Progressive Action USA, filed campaign finance reports showing more than $2.5 million in advertising and associated costs across a half-dozen Senate races last week. But six ad makers and advertising platforms listed in the filings said they’ve never heard of the super PAC and have no records of doing business with it.”
“Steve Bannon used a private jet apparently owned by a wealthy Chinese businessman to fly to events to promote Republican congressional candidates in 2018,” ProPublica reports.
“The previously unreported flights could run afoul of a campaign finance law that bars foreign money from U.S. elections.”
Center for Public Integrity: “Senate Republicans want Trump to name a full slate of FEC commissioners to fill three vacancies and replace the remaining three commissioners who have collectively served more than 30 years past the expiration of their six-year terms.”
“But Trump has refused… Bottom line? It’s not inconceivable that Election 2020, with its billions of dollars political actors will spend, will simply be staged without the FEC playing any meaningful law enforcement role.”
“As President Trump raises money for his reelection campaign, he’s competing for cash with a growing mass of pro-Trump PACs, dark money groups and off-brand Facebook advertisers neither affiliated with nor endorsed by Trump’s campaign, which have pulled in over $46 million so far,” Politico reports.
The House Ethics Committee said it is conducting a further probe of Rep. Lori Trahan (D-MA) after investigators found “substantial reason to believe” she violated campaign finance laws in her upset election victory in 2018, the Boston Globe reports.
“Investigators with the Office of Congressional Ethics found that her husband donated $300,000 to her campaign — far in excess of the $2,700 allowed — and her campaign appears to have ‘intentionally misreported’ the days some donations were made as part of its apparent financial maneuvering.”
The “green wave” of campaign cash that boosted Democrats and liberal causes in 2018 included an unprecedented gusher of secret money, new documents obtained by Politico show.
“The Sixteen Thirty Fund, a little-known nonprofit headquartered in Washington, spent $141 million on more than 100 left-leaning causes during the midterm election year, according to a new tax filing from the group.”
Politico: “The Justice Department is conducting a criminal investigation into Florida GOP Rep. Ross Spano over alleged campaign finance violations. Spano has denied any wrongdoing. The revelation came in an announcement by the House Ethics Committee, which has been asked by DOJ to defer its own probe into Spano while the criminal investigation unfolds. The Ethics Committee traditionally defers to law enforcement agencies while criminal cases are ongoing.”
“Spano, a 53-year-old former Florida state legislator who was first elected to Congress in Nov. 2018, has been under scrutiny for months over funds he loaned his campaign during last year’s race. Spano claimed initially that nearly $175,000 he loaned his campaign came from personal funds. But it was later disclosed that Spano had received $180,000 in loans from personal friends.”
“Rudy Giuliani is being investigated by federal prosecutors for possible campaign finance violations and a failure to register as a foreign agent as part of an active investigation into his financial dealings,” Bloomberg reports.
“The probe of Giuliani, which one official said could also include possible charges on violating laws against bribing foreign officials or conspiracy, presents a serious threat to Trump’s presidency from a man that former national security adviser John Bolton has called a ‘hand grenade.'”
Josh Israel: “A Republican who raised tens of thousands of dollars to run against House Intelligence Committee Chair Adam Schiff in California has switched races and will now challenge first-term Texas Democratic Rep. Colin Allred.”
“While campaign finance laws allow federal candidates to change federal races and bring along their campaign war chest, it is unusual for a candidate to move to an entirely different state.”
“A prolific political fundraiser who donated large sums to President Trump’s inaugural committee is expected to plead guilty to federal criminal charges.” the AP reports.
“The Justice Department says Imaad Zuberi will admit in federal court in Los Angeles that he falsified records to conceal his work as a foreign agent while lobbying high-level U.S. government officials.”