Sen. Cortez Masto urges FEC to require campaigns to send illegal contributions to Treasury
Sen. Catherine Cortez Masto, D-Nev., is calling on the Federal Election Commission to require campaigns to send illegal campaign contributions to the U.S. Treasury instead of refunding the money to the original donor.
Cortez Masto's push for the new FEC rule comes after numerous foreign donors and companies have been caught making illegal campaign donations.Sen. Catherine Cortez Masto, D-Nev., center, her husband Paul, and Sen. Mazie Hirono, D-Hawaii, are seen in the U.S. Capitol on Wednesday, November 16, 2022.Sen. Catherine Cortez Masto, D-Nev., is calling on the Federal Election Commission to require campaigns to send illegal campaign contributions to the U.S.
Cortez Masto's call for the new FEC rule comes after numerous foreign donors and companies have been caught making illegal campaign donations. Under current rules, the donors have to pay a fine but can get their funds returned in full. "Requiring the disgorgement of illegally contributed funds to the U.S. Treasury—rather than their return to donors—will create material consequences that will help deter illegal behavior," Cortez Masto wrote to the FEC in a letter dated Tuesday and first reviewed by CNBC.
Cortez Masto points to an instance when Barry Zekelman, a Canada-based steel industry magnate, illegally helped funnel $1.75 million in his company's money to a pro-Trump super PAC, America First Action, according to the
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