3rd Congressional District, Minnesota's Democratic-Farmer-Labor Party
Bloomberg campaign transfer of $18 million to DNC sparks complaints to federal regulators
NOTE: Citizens United up in arms about money going into campaigns is ironic beyond belief. We give you this story.
A conservative group has filed a petition asking federal regulators to prevent self-funded candidates from emulating former New York mayor Mike Bloomberg, who they say used a loophole to make a historically large $18 million contribution to the Democratic National Committee.
Citizens United, the group widely known for its 2010 namesake landmark Supreme Court case that helped pave the way for super PACs, on Wednesday filed a petition with the Federal Election Commission asking federal regulators to create new rules to limit the amount of leftover money that a self-funded federal candidate can transfer to the national party once the candidate has dropped out of the race.
The request followed two FEC complaints filed by other groups that alleged Bloomberg made an improper transfer.