Campaign Finance

“Zooming out to 30,000 feet, I doubt the new broader donor disclosure standard will have any impact on big independent spenders,” said Paul S. Ryan, vice president of policy and litigation at Common Cause, a group that advocates for greater disclosure in campaign finance. “There’s an easy end run around these new broader disclosure requirements, and big spenders will undoubtedly take advantage in order to lawfully evade donor disclosure.”

An annual assessment by the Center for Political Accountability shows many S&P 500 companies are spending less on direct donations to political races and election-related causes than in recent years. Additionally, those S&P 500 companies that are still making political donations are moving toward more transparency. Changing political winds and growing publicity risks have created a climate in which major corporations are finding it’s safer to cut direct political ties. Paul S. Ryan, vice president of policy and litigation at Common Cause points out that with valuable interests and influence to protect, corporations are still impacting political outcomes in other ways.

“Everyone should be asking why is this big money coming to both sides,” Bob Phillips, executive director of the government watchdog group Common Cause North Carolina said, adding that such donations leave the impression of “trying to buy access and influence.”

New revelations in The Wall Street Journal continue to reveal evidence that supports allegations we made in January and March Department of Justice and Federal Election Commission complaints of violations of campaign finance laws and criminal code provisions related to hush money payments to Stormy Daniels. The Wall Street Journal reports today that in February of this year President Trump personally directed his lawyer, Michael Cohen, to initiate an arbitration proceeding and seek a restraining order against Stormy Daniels pursuant to a nondisclosure agreement negotiated with Daniels in October 2016. President Trump’s familiarity with the arbitration clause in the contract is strong evidence that Trump was familiar with the details of the October 2016 contract, notwithstanding his constantly-changing story and claims that he didn’t know about contract with Daniels before the 2016 election.

In August 2018, the Washington Post, Baltimore Sun and other local newspapers sued the state of Maryland challenging the constitutionality of the state’s recently-enacted campaign finance disclosure law that requires certain "online platforms" to collect and make available to the public information about groups and individuals that pay to place political ads on such online platforms.

“That is a lot of money and pretty unprecedented for Nebraska fundraising,” said Gavin Geis, executive director of Common Cause Nebraska, a nonpartisan government accountability group. “That’s D.C.-level fundraising… It goes to show what a deep-pocketed candidate can do to buy influence.”