Finance

Justices poised to hear Ted Cruz challenge to campaign finance rules | News

Senator Ted Cruz is putting his money somewhere else in a lawsuit challenging the Federal Election Commission’s campaign financing rules at a Supreme Court hearing scheduled for next week.

The judges will consider the Texas senator’s campaign’s First Amendment lawsuit, which seeks to challenge a provision of the bipartisan Campaign Reform Act of 2002. The rule imposes a $250,000 limit on the number of post-election donations that campaigns can use to pay off candidate loans.

In 2018, Cruz loaned his Senate campaign $260,000, which is $10,000 more than the amount that can legally be paid to candidates in post-election money, according to the Justice Department. Cruz’s legal team argues that the “essential burdens of First Amendment rights to candidates, committees, and shareholders” should come under scrutiny, according to court filings.

A three-judge panel agreed with Cruz in April 2019 that the law violated the First Amendment because it imposed an undue burden of political expression.

Supreme Court adds five cases, including Ted Cruz’s challenge to campaign finance rules

If the judges rule in Cruz’s favor and rescind the BCRA’s loan payment authorization, the outcome will essentially make sure that the FEC does not find a way back to limit the dollar amount of campaign contributions a candidate can use in their “offering of legal and judicial studies at the Heritage Foundation.” for an elected position Washington Examiner Wednesday.

The Federal Election Commission (FEC) defended the measure created under the BCRA Act as a means “against corruption in barter or its appearance.”

Justice Department attorney general Elizabeth Prilugar also argued that Cruz’s case had no standing because “the injury is self-inflicted, since [Cruz] His campaign arranged their transactions to create a legal impediment to full repayment of the loan.”

Congress has long been allowed to enact campaign finance laws to prevent potential or perceived corruption, despite a 2010 Supreme Court ruling in United Nationals vs FEC He defined the word “corruption” narrowly and even eliminated restrictions on independent expenditures by companies and trade unions close to elections.

Senate Minority Leader Mitch McConnell also backed Cruz’s case, saying, “Today’s BCRA is an unbalanced legislative system that would not have passed Congress in 2002.”

The attorneys representing Texas Senator are John Olendorf and Chuck Cooper, the latter was a conservative attorney who co-founded Cooper & Kirk (formerly Cooper and Carvin & Rosenthal) where Cruz worked.

CLICK HERE TO READ MORE FROM WASHINGTON EXAMINER

A Cruz spokesperson told Washington Examiner In September that “current FEC rules benefit incumbent and wealthy politicians by making it difficult for competitors to run for office,” adding that Cruz’s legal team is “confident” that the Supreme Court will rule in the plaintiff’s favour.

Judges are scheduled to hear arguments in the case on Wednesday.

original site: Judges prepare to hear Ted Cruz challenge campaign finance rules

Washington Examiner video

https://www.youtube.com/watch?v=videoseries

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