Similar Stories to Ted Cruz Literally Suing For Corruption In Campaign Finance on Bing News

The U.S. Supreme Court heard oral arguments Wednesday in a case brought by Republican Sen. Ted Cruz of Texas that's been described as "the latest attempt to dismantle federal campaign finance rules." At issue in the case—Federal Election Commission (FEC) v. Ted Cruz for Senate—is the Bipartisan Campaign Reform Act of 2002, also known as the McCain-Feingold Act, and a $260,000 loan Cruz made to his Senate reelection campaign just ahead of the 2018 election. A provision of the campaign finance law puts a $250,000 limit on how much a campaign can raise post-election to pay a candidate back. According to legal analyst and former federal prosecutor Shan Wu, Cruz's campaign "took this case to the Supreme Court by having Cruz intentionally lend and seek repayment of $260,000—just $10,000 over the limit—seemingly for the purposes of arguing that the limit violates the First Amendment."read more

BING NEWS:
  • Ted Cruz scolded by Democratic Senate challenger for laughing at Jan 6 comment during heated debate
    Allred also threw a jab at Cruz’s 2021 Cancún holiday controversy – the incident one pollster predicted could hinder his 2024 reelection chances. Cruz, a one-time Donald Trump enemy-turned ...
    10/16/2024 - 2:21 am | View Link
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