FEC allows foreign money in U.S. referendum campaigns

FEC allows foreign money in U.S. referendum campaigns

The Federal Election Commission has ruled foreign donors can finance U.S. referendum campaigns, opening the door to foreign spending on fights over high-profile policy issues, Axios has learned.Why it matters: Foreign nationals are barred from donating to U.S. political candidates or committees. But the FEC’s decision — allowing them to support ballot committees — provides … Read more