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GOP Files Suit to End Ban on Unlimited Campaign Donations

Brody Mullins reports on campaign finance. The Republican Party filed a lawsuit Thursday to overturn the ban on unlimited campaign contributions that is the cornerstone of a 2002 law designed to reduce the influence of big donors in politics. Fresh from an election in which Democrats raised far more money from small donors, the Republican National Committee wants political parties to be allowed to...

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Transition Team’s Ties to K Street

Brody Mullins reports on the Obama-Biden transition. So who’s who on the list of Obama-Biden transition team leaders? Many, it turns out, have ties to K Street, and some undoubtedly have taken a close look at the Obama-Biden transition-team rules , outlined by transition co-chairman John Podesta this week. Among other things, the rules bar practicing lobbyists from transition work and those who worked...

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NFL $265,632, Politicians $0

Brody Mullins reports on money and politics. The best defense is a good offense, the old sports adage goes. So when the National Football League found itself on defense against Capitol Hill lawmakers earlier this year, the professional football league followed the lead of other interest groups in Washington: It started a fund-raising committee to contribute campaign donations to members of Congress....

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Cost of 2008 Election Cycle: $5.3 Billion

Brody Mullins reports on money and politics. The breakneck pace of fund-raising for the presidential race has made the 2008 election the most expensive ever, according to a new report released by the Center for Responsive Politics. The nonpartisan organization estimates the race for the White House and Congress will cost a total of $5.3 billion–about 25% more than 2004. The campaign for the White House...

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Could Senate Musical Chairs Make Schumer Banking Chairman?

Brody Mullins reports on Congress. With Election Day around the corner, speculation has already started inside the beltway about how congressional Democrats will split the spoils. A key question: Which Democrats will take the lead in crafting an anticipated regulatory overhaul for the financial services industry in the wake of Wall Street's troubles? The answer may be surprising. Democratic Sen. Chris...

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Special Interest Groups Release New Ads in Battleground States

Brody Mullins reports on the presidential race. Even though the presidential campaign is almost squarely focused on the economy, special interest groups continue to use social issues to try to sway the electorate. The conservative Judicial Confirmation Network started running television advertisements today in Ohio and parts of Pennsylvania and West Virginia reminding voters that electing Barack Obama...