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Money raised is applied for the salaries of non-volunteers in the campaign, transportation, campaign materials, media advertisements and other contingencies. Under United States law, officially declared candidates are required to file campaign finance details with the Federal Elections Commission (FEC) at the end of every calendar month or ...
In 1971, Congress passed the Federal Election Campaign Act (FECA), instituting various campaign finance disclosure requirements for federal candidates (those running for the House, the Senate, the President and the Vice President), political parties, and political action committees.
Campaign finance laws in the United States have been a contentious political issue since the early days of the union. The most recent major federal law affecting campaign finance was the Bipartisan Campaign Reform Act (BCRA) of 2002, also known as "McCain-Feingold".
As a presidential candidate in the 2024 election, Trump has consistently diverted a share of new political donations to Save America, and – by extension – to his legal expenses.
According to OpenSecrets, the Donald J. Trump for President 2024 committee has spent more than any other candidate-affiliated group in the current election cycle — $54,022,758 as of Feb. 2 ...
Donald Trump announced a third presidential campaign on Tuesday evening in a speech at his Mar-a-Lago resort, setting off the 2024 cycle just days after the midterm elections. "In order to make ...
The FEC was established in 1974, in an amendment of the Federal Election Campaign Act (FECA), to enforce and regulate campaign finance law. [7] Initially, its six members were to be appointed by both houses of Congress and the president, reflecting a strong desire for Congress to retain control. [7]
Following the 1972 Presidential election, Congress amended the FECA in 1974 to set limits on contributions by individuals, political parties and PACs. The 1974 amendments also established an independent agency, the Federal Election Commission (FEC) to enforce the law, facilitate disclosure and administer the public funding program.