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Judge scraps federal ban on corporate money for candidates, cites Supreme Court campaign case

Judge scraps federal ban on corporate money for candidates, cites Supreme Court campaign case

A judge has ruled that the campaign finance law banning corporations from making contributions to federal candidates is unconstitutional. In a ruling issued late Thursday, U.S. District Judge James Cacheris tossed out part of the indictment against two men accused of illegally reimbursing donors to Hillary Clinton’s Senate and presidential campaigns. Cacheris says that under last year’s Citizens United Supreme Court case, corporations enjoy the same right as people to contribute to campaigns.

 

Report: Yankees Owner George Steinbrenner Was FBI Informant

Report: Yankees Owner George Steinbrenner Was FBI Informant

The FBI released documents on Monday showing that New York Yankees owner George Steinbrenner had actually worked for them as an informant, including giving his assistance in a terrorism investigation, before he was given a pardon by President Ronald Reagan for illegal campaign contributions.

 

McCain gives $1 million to Senate Republican candidates

Republican Senator John McCain is donating $1 million left over from his 2008 presidential campaign to help Senate Republican candidates ahead of the November 2 elections, aides said on Wednesday.

 

Biden's 2008 campaign told: Pay $219K to Treasury

Election watchdogs have directed Joe Biden's 2008 presidential campaign to pay the U.S Treasury more than $219,000 to resolve issues caused by sloppy bookkeeping and accepting excessive contributions, including a discounted flight on a private jet.

 

Fraud gets ex-Obama, Clinton fundraiser 12 years

A wealthy Manhattan investment banker and former top Democratic fundraiser was sentenced Thursday to 12 years in prison for defrauding banks of $292 million, some of which he donated to politicians including Barack Obama, Hillary Rodham Clinton and Al Gore.

 

GOP fires staffer over $1,946 topless club visit

GOP fires staffer over $1,946 topless club visit

The Republican National Committee has fired a staffer who helped organize a $1,946 visit last month to a sex-themed Hollywood club, and the GOP says it will recoup the money from a donor who also participated....

 

Court strikes down campaign contribution limits

A U.S. appeals court struck down on Friday limits on individual contributions to independent political advocacy groups that want to spend money directly to support or oppose candidates for president and Congress.

 

House Democrats ban earmarks to corporations

House Democratic leaders have announced that they will ban the much-criticized practice of using annual spending bills to direct ...

 

Industry cash flowed to health-reform senators

As his committee has taken center stage in the battle over health-care reform, Sen. Max Baucus has emerged as a leading recipient of campaign contributions from the industry.

 

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