Campaign Finance

Recent headlines, from the January 6th Select Committee’s hearings to the Supreme Court rolling back the right to reproductive healthcare, profoundly implicate the freedom that many will celebrate this Independence Day. Opponents of democracy — a system that works best when it empowers people to have an equal say in decisions that affect their futures — have waged a well-coordinated attack on it. Freedom must be fortified, it must be protected at the ballot box, and it must never be taken for granted.

“The big thing with currency and crypto is just how incredibly volatile it is and how much its value can fluctuate,” said Stephen Spaulding, senior counsel for public policy and government affairs for nonpartisan watchdog group Common Cause. “If you take a step back and think about why we regulate the raising and spending of money to influence elections, ultimately, it’s to prohibit corruption and the appearance of corruption that can come with large contributions of cash or other things of value.” Outside of that, Spaulding said, the lack of regulations surrounding these types of donations is also concerning. “People are familiar with the two largest cryptocurrencies, Bitcoin and Ethereum,” he added. “But there are all sorts of cryptocurrencies that are coming on the market that are not entirely regulated, raising a lot of questions about whether campaign finance law, which is in place to curb corruption, can keep pace with changing cryptocurrency practices.” As for transparency and traceability, he said the amount of money being contributed may not be as important as who is making a contribution. “It’s not so much about the amount of money in politics; it’s where it comes from and what contributors want in return,” Spaulding added. “We’d love to encourage a system that relies on small-donor contributions because there’s less of a chance the contributions from many small-dollar donors will lead to corruption or the appearance of corruption, versus the system awash in large contributions.”

Joanne Antoine, executive director of Common Cause Maryland, said Baker also faces another dilemma: If he withdraws, he would be required to return the matching funds he received. So far, he has received nearly $1 million from the state. Baker wants more officers hired to ‘stop the slaughter’ in Baltimore “That may be why he chose to suspend without shutting it down, because he would need to return that money,” said Antoine, whose group is a proponent of the state’s public financing program and has worked on legislation to strengthen it. Antoine said Baker ending his campaign and possibly endorsing another could be seen as a candidate being “given money and indirectly using their visibility and support to help someone who is not in the program. … I do think it’s unclear as it relates to endorsements and we urge against it.”

Candidates seeking more than one possible office at the same time face the additional burdens to “be very careful in their allocations,” said Beth Rotman, money in politics and ethics program director at Common Cause. “Here, that would be demonstrating in Illinois, and also federally, that the candidate is complying with two sets of rules at the same time. … You have a higher burden, because you can essentially make a mistake in either direction.” ... “Some agencies are better than others at actually taking a look at whether campaigns are complying,” Rotman said. “Campaigns have to be very vigilant. It’s not necessarily the case that anyone is doing anything wrong.”

Donald Trump lost the 2020 election and he knew it. Evidence presented by the January 6 Committee made that very clear today. Trump’s hand-picked loyalists and legal experts from Attorney General Bill Barr on down told him repeatedly that there was absolutely no truth to the fraud allegations that he continued to repeat. Trump’s lies continued to stoke the anger of his staunchest supporters – anger that he would turn loose on the Capitol on January 6, in an effort to overturn the election he lost by force.   

Sandy Ma, the executive director of the government watchdog group Common Cause Hawaii, welcomed the legislation but said it should be strengthened in the future to cover all organizations that spend on political campaigns, including corporations, unions and chambers of commerce. “If we want to shine a light on dark money spending, which we all do, especially Common Cause, we have to do it in a strategic way and cover everybody,” she said.