“FEC’s Petersen Hints Interest in Foreign-Money Rule”

Bloomberg BNA: (update: also available here without a paywall)

Republicans on the Federal Election Commission have hinted for the first time in more than five years that they may be ready to write new rules governing corporate campaign money in the wake of the Supreme Court’s pivotal 2010 ruling in Citizens United v. FEC.
Matthew Petersen, the FEC’s Republican chairman, proposed that the FEC sponsor a forum and call in outside legal experts to receive advice about how to proceed. The FEC forum is expected to take place in June.
Petersen’s suggestion responded to a proposal from a Democratic FEC colleague, Ellen Weintraub, who had urged the commission to begin writing new rules to prevent corporations from being used to disguise illegal contributions to super PACs and other political spending groups (4236 Money & Politics Report, 4/13/16).
Weintraub’s proposal focused on a certification process to prevent corporations from being used to funnel money from foreign nationals and government contractors into U.S. campaigns. Rather than rejecting Weintraub’s plan, as FEC Republicans have done with past Democratic proposals for post-Citizens United regulations, Petersen indicated he was prepared for a serious examination of possible new rules.
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