Key takeaways: The House Ethics Committee found substantial evidence of misconduct by Rep. George Santos (R-N.Y.) The report will not include a recommendation of formal…
Posts tagged as “The Federal Election Commission”
The Federal Election Commission released the latest fundraising totals for federal political candidates, showing that President Joe Biden has far outraised former President Donald Trump. Republicans are relying on wealthy donors to gain an edge in key states, while Democrats are hoping Biden's strong fundraising numbers will help to unite the party. It remains to be seen which strategy will be more successful in the long run.
President Joe Biden's 2024 re-election campaign has raised more than $71 million in the third quarter of 2023, nearly doubling the cash on hand of former President Donald Trump. The Biden campaign has $91 million on hand across its fundraising entities, and is actively fundraising to prepare for the 2024 election. Trump's campaign has raised $45.5 million in the third quarter.
Rep. George Santos, R-N.Y., was hit with 23 additional charges Tuesday, including allegations of identity theft and fraud, according to federal prosecutors in the Eastern District of New York. The charges allege that Santos and his former campaign treasurer, Nancy Marks, used individuals' personal credit card information to make unauthorized charges in support of his political campaign and submitted false financial reports to the FEC. If convicted, Santos could face up to 20 years in prison.
Nancy Marks, former campaign treasurer for Republican Rep. George Santos of Long Island, has pleaded guilty to federal fraud charges, implicating Santos in submitting bogus campaign finance documents. Santos' financial disclosures suggested a massive surge in income with a seven-figure salary and more than one million in the bank, raising questions about the source of his wealth. Marks' plea signals a strong case against Santos, and further investigation is expected to take place.
Kari Lake Launches Campaign for U.S. Senate in Arizona, Adding Interesting Dynamic to Three-Way Race
Kari Lake Launches Campaign for U.S. Senate in Arizona, Adding Interesting Dynamic to Three-Way Race
Kari Lake, a former television anchor and Republican, has officially launched her campaign for the U.S. Senate in Arizona. Lake ran for governor of Arizona last year, but lost to Democrat Katie Hobbs. The race is expected to be a three-way race between the eventual Republican nominee, Democratic Rep. Ruben Gallego, and incumbent Senator Kyrsten Sinema. Lake’s entry into the race will add an interesting dynamic as she has been vocal in her support of former President Trump’s policies.
Sam Bankman-Fried, a 31-year-old former billionaire, is being investigated by the U.S. Department of Justice for allegedly using money stolen from customers of his FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections. The news has caused a stir in the cryptocurrency industry, raising questions about the influence of money in politics and the need for greater transparency in political donations. The outcome of the investigation is yet to be seen, but it is clear that the allegations against Bankman-Fried have raised serious concerns.
Key takeaways: Trump’s Save America PAC has spent over $20 million on legal fees in the first six months of 2023. Trump continues to hold…