• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Can Biden really just hand over millions in campaign cash to Kamala?

by August 2, 2024
written by August 2, 2024

For most of the past three years, Vice President Kamala Harris has been even more unpopular than her historically unpopular boss, President Biden, due largely to her responsibility as a key player in the administration’s disastrous open border policies. 

In light of Harris’ failures and unpopularity, it wouldn’t have been surprising if Biden had decided to replace her on the ticket with someone more competent.  If Biden had done that going into the Democratic convention, and Harris had claimed that she got to keep the Biden campaign’s hard-earned campaign funds, she would have been laughed out of the room.

After all, the money was all raised into the ‘Biden for President’ campaign, with Harris’ name not included in ‘paid for’ disclaimers and Harris not mentioned in the joint fundraising committee notices. Donors were not informed that the money could go to Harris, perhaps because of her unpopularity, or perhaps because it was never intended to go to her. 

Either way, if Harris couldn’t have kept Biden’s money upon being replaced on the ticket, then she also can’t keep Biden’s money when he was forced to withdraw because of infirmity.

Within hours of Biden’s announcement that he was withdrawing from competing to be his party’s nominee, the Harris team amended the Biden campaign’s Federal Election Commission (FEC) Statement of Organization to instead be for ‘Harris for President,’ with the bizarre committee e-mail address of fec@joebiden.com. 

There is no legal authority for this unprecedented maneuver of replacing one candidate’s name with another on a FEC Form 1, and FEC Chairman Sean Cooksey diplomatically noted that ‘it raised a host of open questions about whether it is legal.’

Cooksey was no doubt being circumspect because he knows that the FEC is going to need to evaluate forthcoming complaints regarding the legality of this maneuver, but the reality is that because of timing issues, the FEC is not suited to take action until it is too late. 

The Harris campaign is aware, for example, of the U.S. Court of Appeals for the DC Circuit’s recent ruling regarding the illegal actions of Correct the Record coordinating with the Hillary Clinton for President campaign. If it has taken eight years to deal with the Clinton campaign’s illegal coordination, then the Harris team likely believes that any penalty they are sanctioned with for impermissibly using the Biden campaign’s money will be years in the future.

While the FEC usually has exclusive jurisdiction for regulating federal campaign fundraising, many state attorneys general have a consumer protection mandate that is implicated by the now Harris campaign’s deceptive fundraising practices. 

The funds in question here were raised for candidate Biden and 11 C.F.R. § 110.1(b)(3) makes clear, ‘If the candidate is not a candidate in the general election, all contributions made for the general election shall be either returned or refunded…’ 

Donors understood that the $3,300 per donor raised for Biden’s general election account would be refunded to them if Biden didn’t become his party’s nominee and make the general election. Now, Biden clearly isn’t in the general election, and instead of refunding millions of dollars of such money to donors, the Harris campaign appears to be simply taking it. 

That sounds a lot like the definition of fraud, which is in most cases a state crime within the jurisdiction of state attorneys general.

In the course of investigating Republican campaign fundraising practices in 2021, the Democrat attorneys general offices for Maryland, Connecticut, Minnesota and New York jointly explained that ‘Political donors have the right to be safe from fraud and deception.’  

Now, you have money that was raised under the Biden disclaimer being simply transferred to a different candidate without notice to or consent from donors.  That looks like fraud and deception and should be investigated.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience
next post
DWAC Stock Seems at a Standstill. What Is the Forecast? 

related articles

Jill Biden should have to answer for ‘cover...

May 29, 2025

DOGE staffing shakeup as Elon Musk hangs up...

May 29, 2025

Hawley urges DOJ probe of Chinese trucking company

May 29, 2025

Less than half of DOGE-terminated contracts can be...

May 29, 2025

Flashback: Top five wildest moments from Elon Musk’s...

May 29, 2025

Sen Ron Johnson suggests he may not run...

May 29, 2025

Justice Department tells American Bar Association it will...

May 29, 2025

Senate Republicans plan hearing on Biden’s alleged cognitive...

May 29, 2025

White House discloses who will lead DOGE efforts...

May 29, 2025

Federal judge blocks 5 Trump tariff executive orders

May 29, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Newly surfaced report provides more clues on COVID outbreak source and timeline

    April 10, 2025
  • Can Trump force Hamas to free the hostages they’re holding?

    December 18, 2024
  • DAVID MARCUS: Triumphant Trump at Notre Dame signals America and the West are back

    December 7, 2024
  • Starbucks will stop charging extra for nondairy milk

    October 31, 2024
  • Trump to be sworn in on Bible given to him by his mother, and the Lincoln Bible

    January 19, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,720)
  • Investing (624)
  • Stock (772)

Latest Posts

  • How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says

    August 24, 2024
  • 3 numbers that explain November election results – it wasn’t about Kamala

    December 6, 2024
  • EXCLUSIVE: White House rolls out implementation of AI for federal employee records

    April 9, 2025

Recent Posts

  • Trump throws full support behind Mike Johnson before speaker election

    November 13, 2024
  • Harris-Trump cash dash: This presidential candidate holds fundraising edge in final stretch

    September 21, 2024
  • MicroStrategy stock’s run has been promising so far, but here’s what could go wrong

    January 9, 2025

Editor’s Pick

  • Israeli President Herzog apologizes to slain American hostage Hersh Goldberg-Polin during emotional eulogy

    September 2, 2024
  • Iran’s weakened position could lead it to pursue nuclear weapon, Biden national security adviser warns

    December 24, 2024
  • Trump-backed bill to avert government shutdown passes House despite mutiny threats

    March 11, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock