Bloomberg Exploits Campaign Finance Loophole to Funnel $18 Million to DNC
Experts are assailing the move, which they say allows Bloomberg to bypass individual donor limits. "Candidates may transfer leftover campaign funds to the party, but I don't believe that loophole has ever been exploited in this way and to this degree," said Brendan Fischer, program director at the Campaign Legal Center. "It guarantees that Bloomberg will retain enormous influence over the Democratic Party."
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