Foreign nationals and lobbyists for foreign clients spent over $33 million in the 2020 election: study – Raw Story

Gun News


OpenSecrets, the non-profit campaign finance watchdog group, reported Thursday that foreign nationals and lobbyists spent an overwhelming $33.5 million during the 2020 election.

Foreign nationals are prohibited from contributing to elections in the United States as an effort to ensure other countries aren’t trying to swing American elections.

“Foreign agents registered under the Foreign Agents Registration Act during the 2020 election cycle made at least $8.5 million in political contributions,” said the study. “Another $25 million in 2020 political contributions came from lobbyists representing foreign clients, including U.S. subsidiaries owned or controlled by foreign parent companies, registered under the Lobbying Disclosure Act.”

OpenSecrets explained that the numbers include donations to super PACs that came from other “PACs affiliated with firms of registered foreign agents contributed even more.”

The majority of the money went to Republican candidates and right-leaning super PACs ($13.4 million). President Donald Trump accepted $80,000, but his super PAC accepted $3.9 million. President Joe Biden pledged not to take any lobbyist money but took in $125,000 that hasn’t yet been refunded to those donors. Other Democrats and Democratic-leaning groups accepted a total of $10.7 million.

“It would be nearly impossible to get a comprehensive total of how much ‘dark money‘ comes from foreign sources since the nature of dark money is that it lacks disclosure, making the source of funds untraceable,” the report explained. “However, multiple politically active 501(c) organizations have reported foreign activities, foreign bank accounts and foreign fundraising in their tax returns.”

OpenSecrets also cited investigations over the past three years that uncovered considerable donations to right-leaning groups like the U.S. Chamber of Commerce, the National Rifle Association and Trump’s Rebuilding America Now PAC. The NRA began reporting foreign fundraising in 2018 and continues to report those. The Chamber gathers their foreign funds from corporations who are dues-paying members.

While Tom Barrack chaired the PAC, federal prosecutors alleged the president’s group accepted $900,000 from Imaad Zuberi, “who was sentenced to 12 years in prison after pleading guilty to violating FARA and making illegal contributions after he failed to register as a foreign agent, admitting that he “helped facilitate” donations from foreign sources,” the report explained.

“A 2020 report from the Government Accountability Office revealed that the Internal Revenue Service didn’t check nonprofit tax records for signs of illegal foreign money in U.S. elections either, a revelation used to justify policy change allowing organizations to no longer report donor names or addresses to the tax agency unless they are requested under court order or as part of an examination,” the report explained.

Read the full study from OpenSecrets.org.



Source link

Articles You May Like

U.S. Senator Lindsey Graham Leads Senate Judiciary Committee Republicans on Introducing Bill to Codify Second Amendment Rights for Law Abiding Citizens
Close to Home – The Pacific Index
Ranking presidents over the past eight decades by final approval rating
Everytown launches ad campaign attacking conservative in WI Supreme Court race
Everytown for Gun Safety launches $500K ad against conservative Wisconsin Supreme Court candidate

16 Comments

  1. 624462 807214Hey. Neat post. There is really a dilemma with your website in firefox, and you may want to check this The browser could be the market chief and a large component of other folks will omit your exceptional writing because of this problem. 470981

  2. 72078 228048You might be websites successful individuals, it comes effortlessly, therefore you also earn you see, the jealousy of all of the ones a lot of journeymen surrounding you could have challenges within this challenge. motor movers 144635

  3. 794684 963443Hi there. Really cool web site!! Guy .. Beautiful .. Great .. I will bookmark your web site and take the feeds additionallyI am glad to locate so a lot valuable information correct here inside the post. Thanks for sharing 895107

  4. 758474 829011An fascinating discussion may possibly be worth comment. I feel you ought to write on this subject, it may surely be a taboo subject but normally folks are not enough to dicuss on such topics. To a higher. Cheers 826344

  5. 541663 141561One can undertake all sorts of advised excursions with assorted limousine functions. Various offer excellent courses and a lot of can take clients for just about any ride your bike over the investment banking area, or even for a vacation to new york. ??????? 549879

  6. 770652 181844Right after study some of the content for your web site now, i genuinely as if your technique of blogging. I bookmarked it to my bookmark site list and are checking back soon. Pls have a look at my website too and told me in case you agree. 526479

  7. 816933 399535Excellent weblog here! Also your website loads up extremely quick! What host are you using? Can I get your affiliate link to your host? I wish my website loaded up as fast as yours lol xrumer 20181

Leave a Reply

Your email address will not be published. Required fields are marked *