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

Campaign finance wars are over and the winner turned defeat into victory

by September 25, 2024
written by September 25, 2024

As Senator Mitch McConnell approaches the finish line on his record-setting tenure as Senate Republican leader, histories of his outsized impact on American policy and politics are already being written. One can’t overstate his accomplishments on issues ranging from the judiciary to the tax code to foreign policy, and commentators will rightly focus on those successes. 

But another, smaller part of Minority Leader McConnell’s legacy also warrants special attention. From the time he was a junior senator, he has been the single greatest champion for free speech in political campaigns in America. And while McConnell may have lost a few fights during his tenure, I believe he ultimately won the campaign finance wars. 

McConnell’s views on campaign finance were forged by his first runs for elected office. As he wrote in his memoir, ‘I never would have been able to win my race if there had been a limit on the amount of money I could raise and spend.’ He understands that the Constitution’s framers saw political speech — especially speech about elections and candidates for office — as the core of the First Amendment, and he has put that belief into action when it came to legislation to restrict political campaigning.  

To understand McConnell’s dogged commitment to the cause of free speech, one need look no further than his battle against the Bipartisan Campaign Reform Act of 2002 (BCRA). Pushed by Republican Senator John McCain and Democrat Senator Russ Feingold, the bill imposed a raft of new campaign finance regulations and restrictions on political speech.  

During its debate, McConnell led the opposition, arguing that the legislation ‘severely restricts the groups which average citizens join to express themselves: issue advocacy groups and political parties’ and ‘violates our First Amendment rights.’ 

After failing to block the bill’s passage, McConnell didn’t give up. Instead, he walked out of the Senate chamber and down Constitution Avenue to the federal courthouse, where he filed one of the first lawsuits challenging the new law. That case made it up to the Supreme Court as McConnell v. FEC, a decision the senator narrowly lost in a fractured 5-4 opinion, largely upholding the legislation. 

Losing an eponymous Supreme Court case would persuade most to throw in the towel. But not McConnell. Instead, he immediately set about laying the groundwork for a comeback, beginning with the judiciary and the Federal Election Commission. 

Understanding that personnel is policy, McConnell pushed commissioners and judicial nominees committed to the First Amendment who could impact how BCRA was implemented and constitutionally reviewed.  

The results were almost immediate. Beginning in 2006, the Supreme Court and lower courts issued a series of decisions invalidating provisions of BCRA as unconstitutional, the most important being Citizens United v. FEC. In nearly every one of those Supreme Court decisions, the Court received an amicus curiae brief from McConnell urging it to strike down various parts of the law. 

Over the same period, the FEC — the agency tasked with enforcing campaign finance law — resisted overbroad regulation and belligerent enforcement thanks to its Republican appointees. In fact, over the last several years, the Republican commissioners, joined by Democratic colleagues, have made significant progress rolling back regulations. As one advocate for stricter speech regulation recently bemoaned in the New York Times: ‘It is breathtaking the speed with which the rules are being torn down.’ He can thank McConnell for that. 

Yet more and more, candidates and legal practitioners from both parties have come around to McConnell’s point of view. Lawyers for both political parties are increasingly seeking to deregulate campaign finance at the FEC and in the courts.  

After failing to block the bill’s passage, McConnell didn’t give up. Instead, he walked out of the Senate chamber and down Constitution Avenue to the federal courthouse, where he filed one of the first lawsuits challenging the new law. That case made it up to the Supreme Court as McConnell v. FEC, a decision the senator narrowly lost in a fractured 5-4 opinion, largely upholding the legislation. 

Both sides have learned to embrace big spending and light-touch regulation, free to run their campaigns without the government’s micromanagement. This new bipartisan consensus is a far cry from McCain and Feingold’s vision of a tightly controlled campaign finance system, and it shows no signs of ending soon. 

It’s a consistent theme throughout his career: Senator McConnell played the long game. Among his many accomplishments, he should be proud to have always stood up for the First Amendment, even when it wasn’t popular. His decades-long battle against overregulating political speech embodies British Prime Minister Margaret Thatcher’s aphorism that you may have to fight a battle more than once to win it. America’s democracy and constitutional freedoms are better off because he did. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
S&P 500 and Nasdaq: S&P 500 rushes to new all-time high
next post
Iran supports Kamala Harris, but Americans who want a safer world have a better choice

related articles

Where American support for Trump’s Iran strikes stand...

March 10, 2026

Hegseth warns Russia as signs point to Moscow...

March 10, 2026

Rand Paul to oversee confirmation hearing of Trump’s...

March 10, 2026

Jackson-Kavanaugh tensions surface in candid exchange over Supreme...

March 10, 2026

Gas prices surge, pinching Americans and handing the...

March 10, 2026

Iran war, 11 days in: US controls skies,...

March 10, 2026

Vietnam urges work from home amid fuel supply,...

March 10, 2026

Trump says he’s ‘not happy’ with Iran’s choice...

March 10, 2026

House GOP fears primary losers could jeopardize razor-thin...

March 10, 2026

Trump says it’s an ‘honor’ to keep Strait...

March 10, 2026
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

  • Karine Jean-Pierre ripped over ‘firing squad’ recap of Biden’s exit from race: ‘Still doesn’t understand’

    February 28, 2025
  • Bernie Sanders, AOC take aim at Trump and Musk, as well as Democrats, at western rallies

    March 21, 2025
  • SEE IT: Republicans reveal expectations for Elon Musk’s closed-door meeting with lawmakers tonight

    March 5, 2025
  • Trump taunts Trudeau with new title as he continues tariffs push: ‘Great State of Canada’

    December 10, 2024
  • Trump-Kennedy Center blasts ‘far-left bias’ in ratings coverage, points to No. 1 demographics tie

    January 8, 2026

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

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

    July 21, 2024
  • 3

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,353)
  • Investing (1,113)
  • Stock (981)

Latest Posts

  • Israel’s ‘resounding’ military campaign against Iran could be historic turning point, experts say

    June 19, 2025
  • US midday market brief: S&P 500 flat as Nvidia, Micron-led chip rally offsets losses

    January 3, 2026
  • Trump blasts Harris over Hitler comparison, rips his former chief of staff: ‘LOWLIFE’

    October 24, 2024

Recent Posts

  • From Zapruder to smartphones: assassination footage reshapes America’s view of political violence

    September 14, 2025
  • Iran doubles down on refusal to end nuclear program, ready for war with Israel

    July 23, 2025
  • ‘All the options’: GOP eyes cutting August recess to move dozens of Trump nominees stalled by Dems

    July 21, 2025

Editor’s Pick

  • Why a $49 weight-loss pill is rattling Novo Nordisk and Eli Lilly

    February 6, 2026
  • President Trump and Grover Cleveland: How presidential candidates triumphantly returned to the White House

    November 7, 2024
  • Homeland Security Secretary Kristi Noem hospitalized after allergic reaction

    June 17, 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