Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Bernie Sanders calls for RFK Jr. to resign...
Top Senate Republican ready to go nuclear, ‘roll...
Altech Batteries LtdCERENERGY Battery 46.7M Euro German Grant...
Altech – CERENERGY Battery 46.7M Euro German Grant...
Locksley Resources LimitedStrengthens Leadership to Accelerate Growth Strategy
Heliostar Presents Second Quarter 2025 Financial Results
Apollo to Proceed with 5-for-1 Share Consolidation
Rhode Island’s ‘Taylor Swift Tax’ on vacation homes...
Former FBI Director Robert Mueller has Parkinson’s disease:...
Earthwise Advertising & Investor Awareness Campaign
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

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

by admin August 2, 2024
August 2, 2024
Can Biden really just hand over millions in campaign cash to Kamala?

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

previous post
‘F— the White women’: Black activists tied to VP Harris could derail Dem ‘unity’ message with past rhetoric
next post
Behind the scenes of the prisoner swap to free WSJ reporter Evan Gershkovich from Russian prison

You may also like

David Gergen, trusted White House advisor to 4...

July 12, 2025

DNC kicks off in Chicago to nominate Harris-Walz...

August 19, 2024

Trump’s FBI overhaul begins as Acting Director Brian...

January 22, 2025

Democratic pols ditch Twitter after Elon Musk takeover,...

December 28, 2024

6 populist leaders facing lawfare around world

April 2, 2025

Former Biden doctor asks to delay testimony to...

July 8, 2025

‘Congress must act’: Nonprofit study exposes green energy...

June 11, 2025

Trump briefed on ‘real and specific threats’ from...

September 25, 2024

With 9 days until voting starts, ‘election season’...

August 28, 2024

Top conservative group vows to ‘work closely’ with...

February 27, 2025

Recent Posts

  • Bernie Sanders calls for RFK Jr. to resign as HHS secretary over vaccine policies: ‘Rally the American people’
  • Top Senate Republican ready to go nuclear, ‘roll over’ Democrats with rule change to confirm Trump nominees
  • Altech Batteries LtdCERENERGY Battery 46.7M Euro German Grant Approval
  • Altech – CERENERGY Battery 46.7M Euro German Grant Approval
  • Locksley Resources LimitedStrengthens Leadership to Accelerate Growth Strategy

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (903)
    • Investing (2,877)
    • Politics (3,527)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.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 © 2024 Sightful Invest. All Rights Reserved.