The federal election oversight agency has levied a record fine against the Super...
WASHINGTON - The federal election oversight agency has levied a record fine against the Super PAC that backed former presidential hopeful Jeb Bush, who ran as a Republican in 2016, and a Chinese-owned corporation, according to a watchdog group that filed the initial complaint.
The Campaign Legal Center had asked the Federal Election Commission to impose sanctions in 2016, after The Intercept reported that American Pacific International Capital, Inc had made $1.3 million in contribution to the Right to Rise PAC. “The Commission expressly acknowledged that the company did not knowingly or willfully violate any U.S. campaign finance laws,” APIC said in a statement provided to Reuters. “American Pacific International Capital remains committed to compliance with all campaign finance laws and regulations.
APIC was fined $550,000 for making the contributions and Right to Rise was fined $390,000 for soliciting a foreign national contribution.
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