Political Capital

Posts tagged: fec

Republican political consultant Karl Rove attends the opening ceremony of the George W. Bush Presidential Center on April 25, 2013 in Dallas.

Photograph by Kevork Djansezian/Getty Images

Republican political consultant Karl Rove attends the opening ceremony of the George W. Bush Presidential Center on April 25, 2013 in Dallas.

Singer, Griffin Join Billionaires Backing Rove Super-PAC

Billionaires B. Wayne Hughes, Paul Singer and Ken Griffin are among two dozen donors who together gave $5.2 million last month to American Crossroads, a Republican group aligned with political strategist Karl Rove. Hughes, co-founder of Public Storage, sent $500,000...

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Cornell Woolridge rallies against money in politics, at the Supreme Court in Washington, on Oct. 8, 2013 in Washington, DC.

Photograph by Drew Angerer/Getty Images

Cornell Woolridge rallies against money in politics, at the Supreme Court in Washington, on Oct. 8, 2013 in Washington, DC.

Bloomberg by the Numbers: $123,200

The Supreme Court invalidated the two-year aggregate limit on federal campaign contributions, which was $123,200 for the 2013-2014 election cycle. Voting 5-4 along ideological lines, the court yesterday said the caps violated the First Amendment speech rights of Alabama Republican...

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Senator Al Franken, a Democrat from Minnesota, waits to start a Senate Judiciary Committee hearing in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

Senator Al Franken, a Democrat from Minnesota, waits to start a Senate Judiciary Committee hearing in Washington, D.C.

Anti-Franken Super-PAC Emerges

A super-political action committee has organized to oppose Democratic Sen. Al Franken’s re-election in Minnesota, a state Republicans are seeking to put in play amid an expanding field of competitive Senate elections. “The Heartland Campaign Fund has been formed to...

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U.S. Rep. Charles Djou (R-HI), left, participates in a mock swearing-in ceremony with Speaker of the House Rep. Nancy Pelosi (D-CA) with his wife and children on May 25, 2010 on Capitol Hill in Washington, DC.

Photograph by Alex Wong/Getty Images

U.S. Rep. Charles Djou (R-HI), left, participates in a mock swearing-in ceremony with Speaker of the House Rep. Nancy Pelosi (D-CA) with his wife and children on May 25, 2010 on Capitol Hill in Washington, DC.

Hawaiian Republican Djou Prepares For Comeback Campaign

Former Hawaii Republican congressman Charles Djou is making formal preparations for a campaign to rejoin the House of Representatives. The campaign committee Djou Hawaii was organized with the Federal Election Commission last week, allowing Djou to raise money for a bid...

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A BP Plc logo at a gas station in London.

Photograph by Matthew Lloyd/Bloomberg

A BP Plc logo at a gas station in London.

BP Boosts PAC Giving as Company Fights Suspension

As BP fights a suspension from U.S. government contracting stemming from the 2010 Gulf of Mexico oil spill, the London-based company is boosting its campaign contributions. The company’s political action committee made $208,000 in donations in 2013, almost three times the $70,500 it gave during 2011,...

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Delegates visit the AT&T booth at the Democratic National Convention in Charlotte, North Carolina, on Sept. 4, 2012.

Photograph by Daniel Acker/Bloomberg

Delegates visit the AT&T booth at the Democratic National Convention in Charlotte, North Carolina, on Sept. 4, 2012.

January: When Companies Donate To Both Political Parties

Many companies make campaign contributions to both political parties, sometimes on the same day. At a time of divided government, the companies want to curry favor with Democratic and Republican lawmakers whose actions affect the firms’ bottom line. There’s also...

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Former Florida Gov. Charlie Crist announces that he will run for Governor as a Democrat on Nov. 4, 2013 at Albert Whitted Park in St. Petersburg, Florida.

Photograph by Edward Linsmier/Getty Images

Former Florida Gov. Charlie Crist announces that he will run for Governor as a Democrat on Nov. 4, 2013 at Albert Whitted Park in St. Petersburg, Florida.

Crist Checks Reid’s Box with Cash

Charlie Crist has been busy lately. He’s running to unseat Florida’s Republican Gov. Rick Scott and promoting a just-released book chronicling his odyssey from lifelong Republican to independent to Democrat. He’s also been cutting a lot of campaign checks to...

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The Bitcoin Wallet smartphone app.

Photograph by Simon Dawson/Bloomberg

The Bitcoin Wallet smartphone app.

Contribute a Bitcoin: Virtual Currency Experiments in Campaign Finance

Bitcoin enthusiasts are developing their influence in Washington, as Bloomberg News reported today, and naturally that means starting some super-PACs. The virtual currency is decentralized, automated and limited — qualities that appeal to entrepreneurs and fans of Ron Paul, the...

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This photo taken with a cellphone shows Rep. Henry "Trey" Radel, R-Fla., leaving court in Washington, on Nov. 20, 2013, after pleading guilty to a misdemeanor charge of cocaine possession and was sentenced to a year's probation.

Photograph by Jessica Gresko/AP Photo

This photo taken with a cellphone shows Rep. Henry "Trey" Radel, R-Fla., leaving court in Washington, on Nov. 20, 2013, after pleading guilty to a misdemeanor charge of cocaine possession and was sentenced to a year's probation.

Florida: Radel Challenged by Kreegel Seeking Rematch

Florida Rep. Trey Radel, absent from Congress since pleading guilty in November to a cocaine possession charge, has drawn opposition in the Republican primary elections. Paige Kreegel, a former state legislator whose backers formed a super-political action committee that has...

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