8 million municipal penalty to repay accusations it violated brand new Federal Election Strategy Operate (“the fresh Act”) and you may FEC laws and regulations, and that ban companies of and work out otherwise assisting contributions. The fresh $step three.8 billion municipal penalty ‚s the prominent municipal penalty ever gotten because of the Payment during the a civil enforcement step.

„The outcome within this number again reveals the new FEC““s union so you can energetic administration away from strategy finance rules” told you FEC Vice-chairman Robert Lenhard. “It delivers an obvious laws one to restrictions on usage of business otherwise connection tips to make or facilitate efforts in order to federal individuals are not just technicalities and that abuses enjoys genuine outcomes.

Anywhere between 2000 and you will 2003, Freddie Mac utilized corporate information so you can facilitate 85 fundraising occurrences one increased just as much as $1.seven billion getting government candidates. Freddie Mac computer records, served by previous Senior Vice-president off Authorities Affairs Roentgen. Mitchell Delk while some and you will brought so you can Freddie Mac’s Panel regarding Directors and you may Ceo, described the fresh new fundraisers given that “Governmental Chance Administration” done given that Freddie Mac differed from most top agencies which have “a highly-financed PAC in order to buttress its lobbying issues.” The brand new fundraisers had been structured by Mr. Delk and you can previous Vice-President Clark Camper, and benefited people in our home Financial Qualities Committee or any other members of Congress. Celý příspěvek →