Following the Buckley v. Valeo decision, corporations rapidly established Political Action Committees to influence elections. The number of corporate PACs grew from 89 in 1974 to 1,206 by 1980 - a 1,254% increase. This represented a systematic corporate mobilization to capture political influence, …
Corporate AmericaBusiness RoundtableChamber of CommerceFECcorporate-pacscampaign-financesystematic-corruptioninstitutional-capture
The Federal Election Commission (FEC) commences operations with six commissioners appointed by President Gerald Ford, establishing the regulatory framework that will institutionalize and legitimize the explosion of corporate political action committees following the 1974 FECA amendments. Created as …
Federal Election Commission (FEC)President Gerald Fordfeccorporate-pacscampaign-financeregulatory-frameworkfeca
Congress enacts amendments to the Federal Election Campaign Act (FECA), legitimizing the role of corporations and business-related groups in federal elections and inadvertently triggering explosive growth in corporate political action committees that fundamentally shifts campaign finance in favor of …
U.S. CongressFederal Election Commission (FEC)campaign-financecorporate-pacsfecapowell-memopolitical-money