Tuesday, January 23, 2018

Did Citizens United Help Russians Funnel Money To NRA?

https://talkingpointsmemo.com/muckraker/campaign-finance-russia-funneling-dark-money-trump-nra
"The FBI is reportedly probing whether a Russian banker with ties to the Kremlin illegally funneled money to the National Rifle Association (NRA) to help Donald Trump’s 2016 presidential campaign. But if the gun lobby did take Russian money, it likely couldn’t have done it without a determined campaign by Republicans, with a major assist from the Supreme Court, to weaken laws governing money in politics. To fully understand the news about the FBI’s probe, we need to first understand how the effort to gut campaign finance laws has left the U.S. deeply vulnerable to foreign money infiltrating our elections. “Citizens United opened up the floodgates to any kind of corporate money,” Craig Holman, a campaign finance expert at good government group Public Citizen, told TPM. “It’s easy to launder foreign money through corporate entities or LLCs, and it goes entirely unreported as coming from foreign sources.” McClatchy reported that Maria Butina teamed up with Paul Erickson, a Republican operative and NRA member, to set up an LLC, named Bridges, in February 2016. Butina is a top aide to the Russian banker, Alexander Torshin, who is a long-time ally of the NRA. Erickson told McClatchy last year that the company was created in case Butina needed financial help for her graduate studies in the U.S. McClatchy described that as “an unusual way to use an LLC.” Foreigners are barred from contributing to U.S. political campaigns. But the Supreme Court’s 2010 Citizens United ruling, which allowed corporations to spend unlimited amounts on political activities, fueled a spike in the number of 501(c)(4) “social welfare” non-profits, which are permitted to spend big on political campaigns without disclosing the source of their funds. That makes it hard for government watchdogs or federal agencies to know with certainty if foreign money is being funneled to these so-called “dark money” groups Campaign finance advocates and prominent Democrats warned about the danger back in 2010."