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FEC Loses Its Power After Vice Chair Resigns | MTP Daily | MSNBC

FEC Loses Its Power After Vice Chair Resigns | MTP Daily | MSNBC

Chuck Todd: “Wouldn't it be nice if the commission overseeing money in elections, weren't such a running joke?” » Subscribe to MSNBC: MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find…
Are Medicare And Social Security In Trouble? | Velshi & Ruhle | MSNBC

Are Medicare And Social Security In Trouble? | Velshi & Ruhle | MSNBC

President Trump’s budget suggested cuts to Medicare and Social Security to help deal with budget shortfall. Former Chairman of the Council of Economic Advisers Austan Goolsbee joins Ali Velshi and Stephanie Ruhle to discuss if these two crucial programs are…

‘Give back my money’: banned billionaire Huang Xiangmo hits out at political parties

The Chinese billionaire and major political donor Huang Xiangmo has hit out at a decision to bar him from Australia, describing his treatment as “grotesquely unfair” and telling political parties to return his money if they believe it was given inappropriately. Concerns have been raised about his long-running involvement with the Australian Council for the Promotion of the Peaceful Reunification of China, which experts say acts as part of China’s global influence network. “The decision of visa cancellation was made based on unfounded speculations that are prejudiced and groundless,” he said in a statement. “This is not the Australia that I believe in, the Australia of freedom, democracy, rule-of-law and fairness, but I keep my faith in law and justice.” Political donor Huang Xiangmo blocked from returning to Australia Read more Huang has donated $2.7m to major parties in Australia. He came to notoriety through his dealings with the former Labor senator Sam Dastyari, who Huang gave $5,000 to cover “legal bills”. Huang on Friday urged political parties to return his money if they thought any donations were inappropriate. He said he had only ever donated money at the request of political parties. The council promotes China’s policies on Tibet and Taiwan and its vision of One China. But Huang said the council’s One China stance was in line with Australia’s own foreign policy. “If I am penalised for promoting the peaceful reunification of China, such penalty is against Australia’s own diplomatic position and international commitment as well as Australia’s fundamental principles of cultural diversity and freedom of speech,” he said.

Following The Money: An In-Depth Look At Ed Buck’s Political Donations

LOS ANGELES (CBSLA) – Not long ago, Ed Buck was rubbing elbows with some of the Democratic party’s biggest stars – donating tens of thousands of dollars to various candidates and causes. Before the two deaths at his home, Buck was a well-known activist. In many cases, the money was returned to Buck or donated to charities after Moore’s death. RELATED: ‘Character Assassination Is Not Going To Happen’: Friends React To 2nd Death In Democratic Donor’s Apartment Records dating back to 2009 showed Los Angeles Mayor Eric Garcetti was one of Buck’s high-profile recipients, receiving $1,400 in 2016. That money was returned about a month after Moore died. Her campaign claims that money was given back in February of 2018. Lieu’s campaign says after the second death at Buck’s home, they donated the contributions they received to various charities. The campaign says the money went to the nonprofit Trevor Project. “Every candidate and politician sort of has to find their own way,” said California State University Northridge Professor Lawrence Becker. Becker says it’s up to the candidates whether or not to return the money.
Bernie Sanders' 'Medicare-for-all' plan may have a $1 trillion problem

Bernie Sanders’ ‘Medicare-for-all’ plan may have a $1 trillion problem

Some 2020 Democratic presidential candidates are proposing a "Medicare-for-all" healthcare plan. CNN's Dr. Sanjay Gupta reports on what this plan entails and if it is actually feasible. #CNN #News

What happens to the money political candidates raise?

El Paso, Texas — A KFOX14 viewer named Perla sent me this question: "What happens to all the money that candidates raise during political campaigns?" The Federal Election Commission, which regulates political contributions, makes one thing very clear: Candidates cannot use the political contributions they raise for personal use. But the candidates can use the money in a variety of other ways, whether they win or lose. A campaign committee can donate up to $2,000 to individual candidates per election. But it's a different story for political action committees, also known as PACs. Politicians can also hold onto the money for their own future political races. In addition, they can find creative ways to spend the contributions on themselves. For example, former New Jersey Gov. Chris Christie was given permission to use money that was left over from his 2014 re-election campaign to pay the legal fees he incurred during the so-called "Bridgegate Scandal," which occurred while he was governor. Finally, candidates can create their own PACs with campaign contributions, using the money to support the political causes they choose.
How Much Money Have Americans Lost From The Shutdown? | Velshi & Ruhle | MSNBC

How Much Money Have Americans Lost From The Shutdown? | Velshi & Ruhle |...

The shutdown is hurting 800,000 federal workers who have each missed more than $5,000 in wages on average. Watch Stephanie Ruhle and Ali Velshi break down just how much the shutdown is hurting Americans’ wallets on their fourth week without…

More money missing than originally thought from political fund

When Democrats in the House caucus first learned that money was missing from their fundraising account, they suspected a former staffer may have taken $3,000. An audit released for the first time to the House Democratic caucus revealed by a CPA firm discovered a much higher amount: $12,575. “It paralyzed me, almost, because he was like a son to me as well.” Camper said her former legislative aide, Derrick Tibbs, resigned on Dec. 3, 2018, after he admitted to her that he’d made put her in a bad situation and would pay restitution. Tibbs has not responded to several phone calls and text messages from the News4 I-Team. “You say you weren't scrutinizing every expenditure, every check coming through there?” asked Rep. Bo Mitchell, D-Nashville. I will say no to that,” Camper said. “I did probably put too much trust in him than I should have. “I've talked to some of you that have talked about criminal prosecution, and I do think that's something the caucus can consider,” Stewart said. Ken Jobe, spokesman for the House Democrats, said criminal charges could be filed at a later date if Tibbs doesn’t pay the money back in full. Rep. Vince Dixie, D-Nashville, who is the new treasurer of the caucus, said he intends to put more safeguards in place, including the possibility of a CPA firm handling the money.