Money Matter Blog
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Money Matter Blog
No Result
View All Result
Home Latest News

House Dems sue FEC accusing GOP of exploiting campaign loophole

by
October 18, 2024
in Latest News
0
House Dems sue FEC accusing GOP of exploiting campaign loophole

The House Democrats’ campaign arm filed a lawsuit against the Federal Election Commission (FEC) Thursday, alleging the agency’s failure to take action has led to Republican candidates using a campaign finance loophole in their television advertisements. 

The Democratic Congressional Campaign Committee (DCCC) filed its initial complaint for declaratory judgment and injunctive relief in D.C. District Court, which was first reported by Axios. The DCCC is arguing that Republicans are disguising attack ads paid for by joint fundraising committees as fundraising ventures, therefore circumventing fundraising caps.  

The suit comes after Senate Democrats previously accused Republicans of using the tactic and appealed to the FEC to rule if such a strategy is allowed. The commission voted 3-3 along party lines last week, thus allowing the GOP to continue with its ads. 

‘Federal law is clear that party committee expenditures coordinated with candidates are subject to limits. Republican candidates are so cash strapped that they’re now brazenly exploiting a self-created loophole to spend party committee money on candidate ads, well in excess of applicable limits, at the lowest unit charge,’ Rachel L. Jacobs, general counsel for the DCCC, told Fox News Digital in a statement. 

‘Their actions require DCCC and Democratic House candidates to make a choice between engaging in conduct they think is illegal at the risk of getting penalized by the FEC and/or Department of Justice, or being at a competitive disadvantage to their Republican counterparts to the tune of tens of millions of dollars.’

The DCCC is now asking the federal court to rule on whether the practice is illegal ahead of the Nov. 5 election.

FEC Chairman Sean Cooksey told Axios, ‘I fully expect the FEC to prevail in this frivolous lawsuit. We will see the DCCC in court.’ 

The FEC declined to provide additional comment on ongoing litigation when asked for a statement by Fox News Digital. 

In a statement to Axios, National Republican Senatorial Committee General Counsel Ryan Dollar called the suit ‘a desperate stunt,’ saying the television ads were ‘approved unanimously in 2007 and reaffirmed last week.’

‘I’d be curious to hear what Harris Victory has to say about this ridiculous lawsuit, given that they have engaged in these ads themselves,’ Dollar told the outlet. 

With just a few weeks out from Election Day, Republicans are fighting to maintain control of the House and take over the Senate. The Congressional Leadership Fund (CLF), the leading outside group supporting House Republicans and closely aligned with House Speaker Mike Johnson, reported its highest fundraising quarter ever earlier this month, announcing an $81.4 million haul during the July-September third quarter of 2024 fundraising.  

The CLF also announced at the time that it would be funneling another $11 million in new ad reservations, sharing the news first with Fox News Digital. 

Likewise, the Senate Leadership Fund, the leading super PAC supporting Republican incumbents and candidates, announced it hauled in $114.5 million during the same fundraising quarter. 

Fox News’ Paul Steinhauser contributed to this report. 

This post appeared first on FOX NEWS
Tags: Featured
Previous Post

British invasion: Labour Party to descend on US to help Harris

Next Post

Top 5 Canadian Mining Stocks This Week: Cerrado Gold Sparkles with 76 Percent Gain

Next Post
Top 5 Canadian Mining Stocks This Week: Cerrado Gold Sparkles with 76 Percent Gain

Top 5 Canadian Mining Stocks This Week: Cerrado Gold Sparkles with 76 Percent Gain

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Israel’s Netanyahu delays Gaza cease-fire deal, accusing Hamas of trying to back out

    Israel’s Netanyahu delays Gaza cease-fire deal, accusing Hamas of trying to back out

    January 16, 2025
    Trump foreign policy: 6 issues he got right and the experts were wrong

    Trump foreign policy: 6 issues he got right and the experts were wrong

    January 16, 2025
    CLAY TRAVIS: How Trump is already narrowing America’s racial divide

    CLAY TRAVIS: How Trump is already narrowing America’s racial divide

    January 16, 2025

    About Money Matter Blog

    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Latest News

    • Israel’s Netanyahu delays Gaza cease-fire deal, accusing Hamas of trying to back out
    • Trump foreign policy: 6 issues he got right and the experts were wrong
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 moneymatterblog.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 moneymatterblog.com | All Rights Reserved