“Mitt Romney joins forces with RNC to boost fundraising”

WaPo: “the Romney fundraising surge could be a boon to GOP congressional candidates, because Securities and Exchange Commission rules prohibit financial service executives from contributing to state parties as a guard against pay-to-play schemes in state and municipal bond markets. ‘it’s something that everyone in that industry is now highly sensitive to,’ said Jason Torchinsky, a Republican campaign lawyer. ‘One contribution of a couple of thousand dollars could keep your company out of millions of dollars of business. The compliance risk is gigantic for these firms.’ So some money from finance industry donors will be directed to the National Republican Congressional Committee and the National Republican Senatorial Committee, a Romney aide said. That is in contrast to Obama’s campaign, which has said it will not direct funds to House and Senate races.”

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