Barack Obama's presidential campaign has been fined $375,000 by the Federal Election Commission for violating federal disclosure laws, Politico reports.
The FEC says the Obama campaign failed to disclose the sources of 1,300 large donations, which together accounted for nearly $1.9 million.
The campaign accepted more than $1.3 million in contributions that came from donors who had already given $46,000-the maximum allowed by FEC rules.
The campaign eventually refunded the excess cash but did not do so within the 60-day window allotted for resolving such cases, FEC said.
In addition to failing to report big donors and excess donations in a timely manner, the Obama campaign incorrectly dated the filings dealing with $85 million in funds, the FEC claims.
The Obama campaign has been quick to point out that the errors constitute a small portion of the more than $750 million it raised during the 2008 election cycle.
"The 2008 campaign was a record breaking campaign with over 3 million grassroots donors," Obama for America spokeswoman Katie Hogan said in an email to U.S. News.
https://www.usnews.com/news/articles/2013/01/07/obama-campaign-fined-big-for-hiding-donors-keeping-illegal-donations
The FEC says the Obama campaign failed to disclose the sources of 1,300 large donations, which together accounted for nearly $1.9 million.
The campaign accepted more than $1.3 million in contributions that came from donors who had already given $46,000-the maximum allowed by FEC rules.
The campaign eventually refunded the excess cash but did not do so within the 60-day window allotted for resolving such cases, FEC said.
In addition to failing to report big donors and excess donations in a timely manner, the Obama campaign incorrectly dated the filings dealing with $85 million in funds, the FEC claims.
The Obama campaign has been quick to point out that the errors constitute a small portion of the more than $750 million it raised during the 2008 election cycle.
"The 2008 campaign was a record breaking campaign with over 3 million grassroots donors," Obama for America spokeswoman Katie Hogan said in an email to U.S. News.
https://www.usnews.com/news/articles/2013/01/07/obama-campaign-fined-big-for-hiding-donors-keeping-illegal-donations
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