Political-Money

FECA Amendments Enable Corporate PAC Formation, Triggering 1,600% Growth

| Importance: 9/10

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. Congress Federal Election Commission (FEC) campaign-finance corporate-pacs feca powell-memo political-money
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