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DeSantis and his state PAC are being accused of violating campaign finance laws in a new FEC complaint. The group cites reports that they directed or transfered more than $80 million to a super PAC. Ron DeSantis and his state political action committee allegedly violated federal campaign finance laws by directing or transferring more than $80 million to a federal super PAC, Never Back Down, the nonpartisan watchdog group Campaign Legal Center says in a new complaint. "Soft money undermines federal campaign finance laws because it is, by definition, money raised and spent outside the scope of those laws," Saurav Ghosh, the Center's director of federal campaign finance reform, said in a statement. Never Back Down is a federal super PAC that raises unlimited funds to make independent expenditures.
Persons: DeSantis, , Ron DeSantis, Saurav Ghosh, Ron DeSantis — Organizations: PAC, Service, Gov, federal, Federal, DeSantis Locations: Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStocks and bonds are reflecting the need for tighter Fed policy, says Unlimited Funds' Bob ElliottBob Elliott, Unlimited Funds co-founder, CEO and CIO, and Thierry Wizman, Macquarie Group global interest rates and foreign exchange strategist, join 'Closing Bell Overtime' to discuss the debt ceiling agreement, market reaction, and more.
Persons: Bob Elliott Bob Elliott, Thierry Wizman Organizations: Funds, Macquarie Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Unlimited Funds' Bob Elliott and Macquarie Group's Thierry WizmanBob Elliott, Unlimited Funds co-founder, CEO and CIO, and Thierry Wizman, Macquarie Group global interest rates and foreign exchange strategist, join 'Closing Bell Overtime' to discuss the debt ceiling agreement, market reaction, and more.
Persons: Bob Elliott, Macquarie, Thierry Wizman Bob Elliott, Thierry Wizman Organizations: Funds, Macquarie Group
WASHINGTON, May 17 (Reuters) - Florida Republican Governor Ron DeSantis will officially enter the 2024 U.S. presidential race next week, according to two sources familiar with the decision, immediately becoming Donald Trump's biggest rival for the Republican nomination and shaking up a contest that largely has been one-sided. DeSantis will likely file paperwork declaring his candidacy on May 25 to coincide with a donor meeting in Miami, with a more formal launch the week of May 29, according to a source. Those attacks have taken a toll on DeSantis’ standing in national polls. But DeSantis and his advisers hoped to use the legislature’s session as a springboard to a campaign announcement and have stayed true to their timetable. DeSantis, 44, was re-elected as governor just last year, trouncing his Democratic opponent by nearly 20 percentage points.
All this comes just days after the SEC charged a spate of high-profile individuals for fraud and crypto market manipulation. That comes months after the total crypto market value saw about $2 trillion erased in a brutal plunge in token prices. The SEC also warned that the platforms investors use to get involved in crypto aren't quite airtight, in the regulator's view. In other news:FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua Reuters2. The World Bank just warned that this could be the start of a "lost decade" for global economic growth.
Watch CNBC's full interview with Unlimited Funds' Bob Elliott
  + stars: | 2023-03-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Unlimited Funds' Bob ElliottBob Elliott, Unlimited Funds CEO, joins 'Closing Bell: Overtime' to discuss his reaction to recent high frequency economic data, thoughts on international equities and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanking crisis may have been stimulative for equities: Unlimited Funds' Bob ElliottBob Elliott, Unlimited Funds CEO, joins 'Closing Bell: Overtime' to discuss his reaction to recent high frequency economic data, thoughts on international equities and more.
A pro-Biden super PAC is getting ready for Joe Biden to announce his reelection campaign. Unite the Country plans to target Pennsylvania, Wisconsin, and Michigan once he officially announces he's running. The pro-Biden super PAC Unite the Country plans to target those battleground, Democratic-leaning states with a messaging blitz once Biden officially announces he's running for reelection. They spent about $6 million through November during the 2022 election cycle, with a focus on Michigan, Wisconsin, Pennsylvania, and Arizona. Loveday said she hasn't discussed Biden's plans with him, but she has "full confidence" that he will run in 2024.
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