The Chamber of Commerce's Dark Money Days May Be OverQuicklink submitted by Amanda Lang Permalink
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|In the annals of loopholes, one that the FEC, the nation's election watchdog, created in 2008 could rank as one of the most absurd. The FEC's Republican commissioners decided that shadowy nonprofits running political ads (think: the US Chamber of Commerce) could hide the identities of people who donate more than $1,000, as long as those donors didn't earmark their money for a specific ad. So, for instance, a donor couldn't say, 'I want you to run an ad attacking Nancy Pelosi next Monday at 7 p.m. on NBC.' Donors and political operatives are not idiots, of course, and figured out how to capitalize on the loophole by just giving that money without specific requests, allowing groups like the Chamber to keep more and more donations in the dark. But those days could be over. In March, a district judge ruled that the FEC's loophole broke the law...|
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