2020 Democrats’ campaign finance pledges, explained
“For years, candidates for both parties publicly declared support for limiting money’s influence on politics but then privately exploited every campaign finance loophole they could find,” Brendan Fischer, director of federal reform at the Campaign Legal Center, says. “We’re in an entirely different environment this cycle, and I think that’s a good thing.” Corporate PACs, something every Democrat running for president has sworn off, tend to provide a relatively small chunk of the money, Fischer told me. So turning down their support probably isn’t going to hurt a candidate’s bottom line too much. Rejecting PAC money also isn’t the same as rejecting support from high-level executives.
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