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August 12, 2016

FEC Member Proposes Ban on Foreign Campaign Donations
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Federal Election Commission member Ann Ravel has proposed a new ban on
political contributions by domestic subsidiaries of foreign
corporations. Ravel said the issue is no longer a "hypothetical
concern," citing a recent report by The Intercept exposing how a
Chinese-owned firm donated money to Jeb Bush's campaign. Such donations
can now be made thanks to the Supreme Court's Citizens United ruling.
The Intercept's Lee Fang talked about his reporting on Democracy Now!
last week.

Lee Fang: "We simply looked at some of the largest corporate donations
to presidential super PACs and tried to find out their ownership
structure. By chance, we found that one of the largest corporate donors
to the Jeb Bush super PAC, Right to Rise, was owned-or, is owned by two
Chinese nationals. They're permanent residents of Singapore. And they
gave $1.3 million to the Jeb Bush super PAC."



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