• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Can Biden really just hand over millions in campaign cash to Kamala?
Economy

Can Biden really just hand over millions in campaign cash to Kamala?

by August 2, 2024
by August 2, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

For most of the past three years, Vice President Kamala Harris has been even more unpopular than her historically unpopular boss, President Biden, due largely to her responsibility as a key player in the administration’s disastrous open border policies. 

In light of Harris’ failures and unpopularity, it wouldn’t have been surprising if Biden had decided to replace her on the ticket with someone more competent.  If Biden had done that going into the Democratic convention, and Harris had claimed that she got to keep the Biden campaign’s hard-earned campaign funds, she would have been laughed out of the room.

After all, the money was all raised into the ‘Biden for President’ campaign, with Harris’ name not included in ‘paid for’ disclaimers and Harris not mentioned in the joint fundraising committee notices. Donors were not informed that the money could go to Harris, perhaps because of her unpopularity, or perhaps because it was never intended to go to her. 

Either way, if Harris couldn’t have kept Biden’s money upon being replaced on the ticket, then she also can’t keep Biden’s money when he was forced to withdraw because of infirmity.

Within hours of Biden’s announcement that he was withdrawing from competing to be his party’s nominee, the Harris team amended the Biden campaign’s Federal Election Commission (FEC) Statement of Organization to instead be for ‘Harris for President,’ with the bizarre committee e-mail address of fec@joebiden.com. 

There is no legal authority for this unprecedented maneuver of replacing one candidate’s name with another on a FEC Form 1, and FEC Chairman Sean Cooksey diplomatically noted that ‘it raised a host of open questions about whether it is legal.’

Cooksey was no doubt being circumspect because he knows that the FEC is going to need to evaluate forthcoming complaints regarding the legality of this maneuver, but the reality is that because of timing issues, the FEC is not suited to take action until it is too late. 

The Harris campaign is aware, for example, of the U.S. Court of Appeals for the DC Circuit’s recent ruling regarding the illegal actions of Correct the Record coordinating with the Hillary Clinton for President campaign. If it has taken eight years to deal with the Clinton campaign’s illegal coordination, then the Harris team likely believes that any penalty they are sanctioned with for impermissibly using the Biden campaign’s money will be years in the future.

While the FEC usually has exclusive jurisdiction for regulating federal campaign fundraising, many state attorneys general have a consumer protection mandate that is implicated by the now Harris campaign’s deceptive fundraising practices. 

The funds in question here were raised for candidate Biden and 11 C.F.R. § 110.1(b)(3) makes clear, ‘If the candidate is not a candidate in the general election, all contributions made for the general election shall be either returned or refunded…’ 

Donors understood that the $3,300 per donor raised for Biden’s general election account would be refunded to them if Biden didn’t become his party’s nominee and make the general election. Now, Biden clearly isn’t in the general election, and instead of refunding millions of dollars of such money to donors, the Harris campaign appears to be simply taking it. 

That sounds a lot like the definition of fraud, which is in most cases a state crime within the jurisdiction of state attorneys general.

In the course of investigating Republican campaign fundraising practices in 2021, the Democrat attorneys general offices for Maryland, Connecticut, Minnesota and New York jointly explained that ‘Political donors have the right to be safe from fraud and deception.’  

Now, you have money that was raised under the Biden disclaimer being simply transferred to a different candidate without notice to or consent from donors.  That looks like fraud and deception and should be investigated.

This post appeared first on FOX NEWS
You Might Also Like
  • Graham urges Biden, Israel to take on Iran after hostages killed, calls Harris foreign policy ‘wrecking ball’
  • Biden criticizes Netanyahu over Israel-Hamas war, says Israeli leader making a ‘mistake’
  • House Oversight investigating Walz over ‘longstanding connections’ to China
  • Jill Biden dismisses Nikki Haley’s proposal for mental competency tests
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Biden’s Venezuela policy feeds Maduro strongman image, emboldens dictator in election controversy: Rubio
next post
Harris rapidly consolidates Democrats’ support, and here’s what that means for November

You may also like

Bob Menendez’s son survives House primary challenge despite dad’s criminal...

June 5, 2024

South Dakota legislative session marked by tax cuts, election reform,...

March 14, 2023

How the blockbuster Supreme Court presidential immunity ruling impacts the...

July 2, 2024

‘Spoiled’ Hollywood actors should get back to work, says one...

August 3, 2023

In one small town, critics and supporters alike ask who...

August 10, 2024

Capitol rioter who put feet on Pelosi’s desk regrets his...

January 20, 2023

West Virginia House passes bill expanding advocate’s authority

February 2, 2023

Abortion, Trump won’t hurt Republican turnout in 2024, says female...

June 15, 2023

Average Weekly Initial Claims Hits the Highest Level Since September

December 8, 2022

Israel-Hamas war: Five American aid workers leave Gaza for Egypt...

November 2, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

      June 19, 2025
    • Feeling Unsure About the Stock Market’s Next Move? These Charts Can Help

      June 18, 2025
    • Amazon expects to cut corporate jobs as it relies more on AI

      June 18, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,577 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,416 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Nike pushes back Skims launch with Kim Kardashian due to...

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold...

      June 19, 2025
    • DOJ seizes record $225 million in crypto tied to global...

      June 19, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,140)
    • Investing (538)
    • Stock (2,620)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Canada Freedom Convoy trial verdict delayed...

    November 6, 2023

    Freedom Caucus warns GOP leaders against...

    December 30, 2023

    GOP reps call for more overtime...

    August 24, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here