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One of those was the political arm of the Campaign Legal Center, a prominent DC watchdog group. Insider has learned that Bankman-Fried's donations funded more than 90% of the political arm in 2021. Bankman-Fried donated $760,000 to the Campaign Legal Center's action fund in 2021, according to a spokesperson for the organization. Insider previously reported that Bankman-Fried donated more than $2.5 million to the Campaign Legal Center and its affiliate organizations since 2021. Under its action group, the Campaign Legal Center filed a number of prominent lawsuits in 2021.
After months of wrangling over a congressional stock-trade ban, Pelosi is getting that wish. Some government ethics advocates had hoped that congressional stock-ban legislation would be packaged with the 2023 omnibus spending bill. Meanwhile, lawmakers from both the Republican and Democratic parties continue violating the STOCK Act while 11th-hour pleas from Democratic stock-ban advocates go unanswered by Democratic leaders. A ban on members of Congress trading individual stocks and cryptocurrencies will officially die on January 3, when the 118th Congress is seated. Any stock-ban bill introduced next year will therefore require bipartisan support across Congress' two chambers.
Trump delayed the release of a personal financial disclosure required by law for presidential candidates. A letter from Donald Trump's lawyer to the Federal Election Commission. Federal Election CommissionA letter from the Federal Election Commission to an attorney for Donald Trump. Federal Election CommissionPresidential personal financial disclosures include information about a candidate's income, assets, debt, and royalties. Personal financial disclosures of this sort are different from personal tax returns and, generally, contain fewer details.
Trump pledged when he launched his 2024 campaign that "America's comeback starts right now." Senate Minority Leader Mitch McConnell also said Trump's actions make him less likely to be the party's nominee. Trump endorsed Florida Sen. Rick Scott in the contest, but McConnell handily defeated Scott, another sign of Trump's slipping hold on the Republican Party. The DA's office notched a huge victory this week when a jury convicted the Trump Organization of nine tax-fraud counts. US District Judge Beryl Howell has not made a final decision on the request to hold Trump's team in contempt of court, according to The Post.
The Campaign Legal Center fights against lawlessness and unethical behavior in politics. Brendan Quinn, a spokesperson for the Campaign Legal Center, says the nonprofit organization cannot return or give away Bankman-Fried's money because the money is already spent. Asked whether the Campaign Legal Center would consider disgorging an amount of money equivalent to what Bankman-Fried contributed, Quinn noted that the Campaign Legal Center is not a political candidate or committee. The Campaign Legal Center has not yet provided Insider a copy, first requested December 2, of the most recent IRS 990 tax document filed by Campaign Legal Center Action, its advocacy arm. Former President Donald Trump has been a frequent target of the Campaign Legal Center's legal and ethics efforts.
The Trump Organization was found criminally liable of tax fraud on Tuesday after a six-week trial. A ban could end his 'exorbitant' billing of Secret Service agents who protect him at his resorts. At the Trump Organization headquarters in Trump Tower on Fifth Avenue, the cars, apartments, and tuition were considered part of Weisselberg's $940,000-a-year income, prosecutors said. Secret Service a tough targetWatchdogs concede that Trump's Secret Service billing is a tough target. Barring the unlikelihood of a cash-free solution — Trump letting the Secret Service "stay at our properties for free," as Eric Trump once promised, or forgoing Secret Service protection voluntarily, as Richard Nixon did — Trump's Secret Service spigot may well remain open, watchdogs acknowledge.
The intended beneficiaries of the taxpayer-fueled Presidential Election Campaign Fund — presidential candidates — don't want it, as they're soured by its restrictions on their election fundraising and spending. An accounting of the Presidential Election Campaign Fund, as of October 31, 2022. Several nonprofit leaders told Insider that Congress could use the Presidential Election Campaign Fund money to immediately ease suffering, particularly in light of the COVID-19 pandemic. During the 2019-20 congressional session, two Republican lawmakers sponsored similar bills that attempted to kill the Presidential Election Campaign Fund. Until that or any other repurposing decision comes down, the FEC continues to spend taxpayer resources keeping the Presidential Election Campaign Fund alive.
Cyberthieves stole more than $186,000 from Rep. Diana Harshbarger's campaign committee, federal records show. But others haven't been so lucky as a theft epidemic strikes political committees. The 2020 presidential campaign of now-President Joe Biden is among various political committees to experience theft during the past several years. More recently, the American Hospital Association's political action committee and Kanye West's 2020 presidential campaign committee have fallen victim to financial fraudsters. Requiring campaign vendors to "meet or exceed the same security standards" as the campaign committee itself.
Federal agencies asked the Trump White House to approve dozens of new ".gov" websites. Such custom ".gov" website domains enhance government agencies' ability to effectively provide and market services to an American public that's all but universally connected to the internet. On December 23, 2019, the CIA asked Trump's White House to approve the website domain DataTransport.gov. Chiu/APBlock and delayIn at least one case, Trump's White House denied a website request — the United States Agency for International Development-sponsored ProsperAfrica.gov — that Biden's White House later approved. In March 2021, Office Management and Budget officials denied Insider's FOIA request, stating that "no responsive records were located."
Trump presidential campaign merchandise used to be a lot less expensive. Prices of some MAGA staples — t-shirts, bumper stickers — have nearly doubled in seven years. The prices of Donald Trump's 2024 presidential campaign staples have skyrocketed when compared to what his 2016 presidential committee was charging. DonaldTrump.comAnd a pair of Trump bumper stickers that would have cost $5 during the waning days of the Obama administration are now $9 in President Joe Biden's economy. DonaldJTrump.com via Internet Archive Wayback MachineA pair of Trump bumper stickers sell for $9 on Trump's 2024 campaign website.
Democrats' top three US House leaders now average more than 82 years old. With House Speaker Nancy Pelosi and House Majority Leader Steny Hoyer announcing they'll leave Democratic leadership in 2023 — although remain in Congress — the average age of Democrats' expected top three leaders will drop by 31 years. Presumptive Democratic Minority Leader Hakeem Jeffries of New York is 52, presumptive House Minority Whip Katherine Clark of Massachusetts is 59, and presumptive Caucus Chair Pete Aguilar of California is 43. The current top Democratic leaders — Pelosi, Hoyer, and Rep. James Clyburn — are 82, 83, and 82, respectively. And Clyburn said he will "look forward" to "doing whatever I can to assist our new generation of Democratic leaders which I hope to be Hakeem Jeffries, Katherine Clark, and Pete Aguilar."
"If Donald Trump gets sent to prison, what's the role of the Secret Service in that case?" Federal law entitles Trump and all other ex-presidents to Secret Service protections for life — although it didn't always. "Geez, the fact that we're thinking about him going to jail kind of scares me," said the former Secret Service official. While former presidents are entitled to Secret Service protection, they can opt to decline it — just as Nixon did after leaving office. They did so under the Clinton administration, when a law was passed that would afford ex-presidents 10 years of Secret Service security, rather than lifetime protections.
Since leaving office, former President Donald Trump has continued to aggressively fundraise. To entice donors, Trump regularly offers incentives to contributors — but they're worthless. Former President Donald Trump has yet to officially, definitively, and formally announce another run for the presidency in 2024. To entice donors to his PACs, Trump regularly offers items that might appear to have prestige and value. Here's a run-down of 17 made-up awards, prizes, and perks that Trump has offered to contributors during 2022:
If Trump landed in prison, nothing in the Constitution would block him from another White House run, according to nine legal experts interviewed by Insider. He served eight years in federal prison after being convicted on public-corruption charges. In the Oval Office, Trump conducted business at the ornate Resolute Desk. If he wound up in federal prison, he'd likely have more sway over his fate. Hochul would all but certainly reject calls to cut Trump legal slack in any fashion, pardons included.
Who will control the US Senate is still unknown as results from Arizona and Nevada continue trickling in. A text message sent from former President Donald Trump's political committees Save America Joint Fundraising CommitteeSave America Joint Fundraising CommitteeTrump's PACs could choose to use some of that money to boost the remaining GOP Senate candidates. The rest of it — nearly $70 million in Save America alone, per federal records — remains unspent. Some of the biggest candidate-related spending Trump's Save America PAC has done this year? On Tuesday night, the Save America Joint Fundraising Committee blasted another fundraising missive with the message: "DO YOU WANT PRESIDENT TRUMP TO RUN IN 2024?"
Democratic Rep. Tom Malinowski lost his seat to Republican Thomas Kean Jr. in New Jersey's 7th Congressional District. The state's 7th District covers all of Hunterdon County and sections of Warren, Morris, Somerset, Union, and Essex Counties as well. NJ-07NJ-03NJ-05 HouseDemocratic incumbent Rep. Tom Malinowski lost his seat to Republican Thomas Kean Jr. in New Jersey's 7th Congressional District in a rematch of the 2020 election, where Malinowski defeated Kean by just over one percentage point. 2022 General EmbedsNew Jersey's 7th Congressional District candidatesThis race was a rematch of 2020, when Malinowski defeated Kean by about 5,000 votes — or 1.2 percentage points. What experts sayThe Cook Political Report rates New Jersey's 7th Congressional District race as "lean Republican".
Donald Trump blasted out a "poll" Tuesday night asking supporters whether he should run for president. "DO YOU WANT PRESIDENT TRUMP TO RUN IN 2024?" Click a green "YES" button and you're taken to a page featuring Trump boarding Marine One. Trump political committeesA Trump fundraising message from November 8, 2022. Trump fundraising committeesTrump has openly flirted with running for president again ever since leaving the White House in January 2021.
A newly redrawn congressional district put Kaptur's political career in jeopardy, but she was victorious. Longtime Democratic Rep. Marcy Kaptur defeated Republican newcomer J.R. Majewski for Ohio's 9th Congressional District. 2022 General EmbedsOhio's 9th Congressional District candidatesNo woman in the US House has served longer than Kaptur, who has served Ohio's 9th Congressional District since 1983 — when President Ronald Reagan was just halfway through his first term. J.R. Majewski, Republican candidate for U.S. Representative for Ohio's 9th Congressional District, takes the stage at a campaign rally in Youngstown, Ohio, on September 17, 2022. For the past decade, Kaptur has easily dispatched her Republican opponents in this solidly blue-collar and Democratic district.
American Hospital Association PAC "promptly notified law enforcement after learning of the fraud," Hatton noted. American Hospital Association spokesman Colin Milligan declined further comment when reached Tuesday by Insider. American Hospital Association PAC financial filing indicating fraudulent activity. Big political money playerFounded in the late 1970s, the American Hospital Association PAC is one of the nation's most prolific special interest political committees. The American Hospital Association counts "nearly 5,000 hospitals, health care systems, networks, other providers of care and 43,000 individual members" among its membership.
Democratic Rep. Tom Malinowski looks to retain his seat in New Jersey's 7th Congressional District against Republican Thomas Kean Jr. The state's 7th District covers all of Hunterdon County and sections of Warren, Morris, Somerset, Union, and Essex Counties as well. New Jersey's 7th Congressional District candidatesThis race is a rematch of 2020, when Malinowski defeated Kean by about 5,000 votes — or 1.2 percentage points. Thomas H. Kean, Sr.Voting history for New Jersey's 7th Congressional DistrictThe state's 7th District covers all of Hunterdon County and sections of Warren, Morris, Somerset, Union, and Essex Counties as well. What experts sayThe Cook Political Report rates New Jersey's 7th Congressional District race as "lean Republican".
Sen. Dan Sullivan, a Republican from Alaska, was weeks late disclosing two stock sales. Sullivan's office told Insider that an investment manager was tardy informing the senator that the stock had been sold. Since 2021, 75 members of Congress have violated the Stop Trading on Congressional Knowledge Act's disclosure provisions. A personal financial disclosure filed on November 3, 2022, by Sen. Dan Sullivan, a Republican who represents Alaska. US SenateIn a statement to Insider, Sullivan spokesman Mike Reynard said that Sullivan wasn't aware of the sale of his stock until after a federal disclosure deadline had already passed.
Florida's 13th congressional district is open after Democrat Charlie Crist resigned to run for governor. Republican Anna Paulina Luna is aiming to turn a blue US House seat red as she runs for the open seat in Florida's 13th Congressional District against Democrat Eric Lynn. Florida's 13th Congressional District candidatesLuna is an Air Force veteran and former model who went on to become the director of conservative nonprofit Turning Point USA, and is a podcast host with Gingrich 360. The money raceLuna has raised nearly $3 million, spent $2.6 million, and has about $480,000 cash on hand, as of October 19, according to the nonpartisan money-in-politics organization OpenSecrets. Lynn has raised $2 million, spent more than $1.5 million, and has about $592,000 cash on hand, as of October 19.
Ye's 2020 presidential campaign account still has lots of money in it. A letter from Kanye West's 2020 presidential campaign committee to the Federal Election Commission. Federal Election CommissionSeparately, West's campaign reported a "fraudulent charge" of $233.98 on July 17 related to a campaign committee payment to Verizon. A campaign finance disclosure from Kanye West's 2020 presidential campaign to the Federal Election Commission. Now known as Ye, West's 2020 presidential campaign was a decidedly quixotic effort that gained far more attention than it ever did votes.
Rep. Lloyd Doggett, a Democrat from Texas, was days late disclosing four stock purchases. Congress is actively debating whether to ban lawmakers from trading individual stocks. I continue to hold the same seven individual stocks acquired long ago," Doggett said. A certified congressional disclosure from Rep. Lloyd Doggett, a Democrat from Texas, indicating he was days late reporting he purchased stock shares in four companies. "I am supportive of a ban on active trading of individual stocks," he said.
Insider and other media have identified numerous US lawmakers not complying with the federal STOCK Act. Congress is now considering banning lawmakers from trading individual stocks. Congress passed the law a decade ago to combat insider trading and conflicts of interest among their own members and force lawmakers to be more transparent about their personal financial dealings. Ethics watchdogs and even some members of Congress have called for stricter penalties or even a ban on federal lawmakers from trading individual stocks. Here are the lawmakers discovered to have recently violated the STOCK Act — to one extent or another:
Total: 25