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BLOOMBERG $$$ FOR BIDEN?
Campaign finance laws are supposed to bar candidates from coordinating with big $ efforts like those @MikeBloomberg is expected to mount for @JoeBiden.
BUT the coordination ban is narrow & riddled with loopholes that smart lawyers can (& do) exploit.
.@JoeBiden can appear at Bloomberg-backed super PAC fundraisers, thanks to a 2011 @FEC opinion issued to @SpeakerPelosi-linked groups https://www.politico.com/story/2011/06/fec-rejects-boost-to-super-pacs-058148 … & his campaign can even share polling with PACs by posting data on dark corners of the internet.https://www.politico.com/story/2015/07/dawn-of-the-super-pac-era-119936 …
HILLARY CLINTON's campaign & a @davidbrockdc super PAC took things a step further in 2016 by planning to work together on messaging.
The arrangement sparked complaints (& a lawsuit) from nonpartisan watchdogs, who said it violated the coordination ban. https://www.nytimes.com/politics/first-draft/2015/05/12/hillary-clinton-aligned-group-gets-closer-to-her-campaign/ …pic.twitter.com/9DYRpXob9F
TRUMP has taken big $ synergy the next level, blessing ex-staffers' formation of @AmericaFirstPol & @AmericaFirstPAC soon after 2016, & appearing at their donor events — including one at @TRUMPdc where he schmoozed donors including LEV PARNAS & IGOR FRUMANhttps://nytimes.com/2020/01/26/us/politics/trump-recording-donors.html …
The ability of super PACs to fulfill campaign functions reveals a miscalculation by SCOTUS in the 2010 @CITIZENS_UNITED decision.
The conservative majority predicted independent spending would not be coordinated & "will not cause the electorate to lose faith in our democracy."pic.twitter.com/boyjW7lvXH
And headed into a 2020 cycle in which big $ could play an unprecedented role, there will be even fewer checks on fundraising & spending.
That's because the agency tasked with enforcing the rules (@FEC) lacks a quorum to approve investigations & opinions.https://npr.org/2019/08/30/755523088/as-fec-nears-shutdown-priorities-such-as-stopping-election-interference-on-hold …
NEW: Senate Rules has scheduled a vote on the @FEC nomination of TREY TRAINOR.
If he's confirmed by the Senate, it would give the FEC a quorum for the 1st time in months.
But @amyklobuchar is opposed, because there's no Dem nominee paired with Trainor.https://www.klobuchar.senate.gov/public/index.cfm/2020/3/klobuchar-opposes-partisan-nomination-to-fec …
Yes,,,,, It all about $$$$ bet...
Big line from Biden's stumping that draws applause: "...but we can't become like them."
He can still flood the TV and social media sights with anti-trump messaging.
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