Washington (CNN) - The major super PAC backing Mitt Romney, Restore Our Future, spent almost $21.2 million last month – three times more than the $7 million it raised. The figures were contained in the group's monthly report filed Thursday with the Federal Election Commission.
Overall the group reported it has just under $6.3 million cash on hand.
(CNN) - President Barack Obama's re-election campaign filed a complaint Tuesday, claiming a conservative group founded by Karl Rove is in violation of election law by not disclosing its donors.
In a letter to the Federal Election Commission, a lawyer for Obama's campaign argued that Crossroads GPS is a political committee–not a charitable organization–and therefore should meet disclosure requirements.
New York (CNNMoney) - Insurance giant Aetna inadvertently disclosed more than $7 million in donations to conservative political groups in a regulatory filing made earlier this year, according to a Washington-based advocacy group.
Documents obtained and distributed by Citizens for Responsibility and Ethics in Washington show that Aetna made a $3 million donation to the American Action Network and a $4.05 million donation to the U.S. Chamber of Commerce in 2011.FULL STORY
(CNN) – Republican presidential candidate Buddy Roemer became the first 2012 contender eligible to receive matching funds from the Federal Election Commission, according to a statement from the FEC Friday.
Eligibility is based on candidates raising $100,000 through collections of $5,000 in 20 different states in amounts no greater than $250 from any individual. Having reached the benchmarks, the Roemer campaign is able to receive $100,000 from the United States Treasury and submit additional contributions for matching funds each month.
Washington (CNN) - Former presidential candidate John Edwards will have to pay back over $2 million in federal matching funds given to his 2008 campaign for president, the Federal Election Commission ruled on Thursday.
The commission voted 6 – 0 against Edwards and contends his campaign was in "excess of the Candidate's entitlement."
(CNN)-Former Delaware U.S. Senate candidate Christine O'Donnell received news she'd been hoping for late Friday. Cleta Mitchell, an attorney for O’Donnell, confirmed to CNN that a federal probe of her campaign has been closed.
“Just got word US Attorney slammed the door shut on CREW’s baseless complaint against me,” O’Donnell tweeted.
Washington (CNN) – It was no joke Thursday at the Federal Election Committee hearing as Comedian Stephen Colbert gained approval to start his "superPAC" by a 5-1 "media exemption vote."
But in the crowd outside the FEC's headquarters following the vote it was clear the host of "The Colbert Report" on Comedy Central had a straight-faced delivery and this matter of election fundraising regulation had some laughing – and throwing money.
Washington (CNN)– Former Delaware Republican senatorial candidate Christine O'Donnell is hailing the Federal Election Commission's dismissal of a complaint lodged against her right before she captured her party's nomination and is asking for donations to help her mount a strong defense against other allegations.
In what O'Donnell now calls "a sort of Hail Mary pass in act of desperation," the former chairman of the Delaware Republican party lodged the complaint accusing her and the Tea Party Express, a group of tea party activists who had endorsed her and had staged an event to support her candidacy, of illegal coordination breaking FEC regulations.
Washington (CNN) - Candidates running for federal office should expect slightly larger donations during the next election cycle.
The Federal Election Commission announced today that it is increasing the amount individuals can contribute to political campaigns and national parties.
WASHINGTON (CNN) – The Federal Election Commissions said Thursday that the Club for Growth - a group that advocates fiscally conservative policies - may use information in Pennsylvania Sen. Arlen Specter's campaign finance reports in order to inform Specter's donors that the longtime senator is no longer a Republican and has switched his party affiliation to Democrat as he seeks to retain his seat in 2010.
When Specter announced his party switch in late April, he also announced that he would refund any contribution given during the current election cycle by donors who wanted their money returned.
The Club for Growth, which was once run by Pennsylvania Republican Senate candidate Pat Toomey, asked the FEC for permission to access Specter's campaign finance reports in order to identify Specter donors entitled to a refund and to inform them of their ability to seek a refund if they desire to do so.
In a decision rendered Thursday, the FEC granted the group access to Specter's FEC reports under a number of conditions, including that the group not use the Specter donor information to solicit contributions or for any commercial purpose.
Pennsylvania Rep. Joe Sestak recently announced that he will challenge Specter for the Democratic senate nomination. The winner of that primary will face off against Toomey in the general election in 2010.
In its second quarter campaign finance report, the Specter campaign reported returning $225,000 to Republican donors.