Skip to content
Search

Latest Stories

Top Stories

Campaign finance loophole allows for foreign election interference, report finds

political money
krisanapong detraphiphat/Getty Images

Businesses that finance super PACs could be exploited by foreigners who want to secretly and illegally spend millions to influence American elections, a campaign finance advocacy group warned Wednesday.

So long as they disclose their donors, super PACs are allowed to raise and spend unlimited amounts in support or opposition of candidates for president and Congress. But these donations too often come from opaque shell companies, Issue One said in a new study, obscuring the true source of the money and opening campaigns to even more interference by overseas adversaries.

A bipartisan nonprofit that advocates for a broad democracy reform agenda, Issue One says the remedy is more regulation of these shell companies. (The group operates but has no journalistic say over The Fulcrum.)


The 20-page "Mystery Money" report details a dozen cases of businesses seemingly set up as shell companies to steer cash in secret toward both parties. While super PACs list these businesses among their donors, the individual or group behind the firm can stay well-hidden.

"The Justice Department says foreigners have already used shell companies to illegally funnel money into U.S. elections at least twice in recent years," said Issue One CEO Nick Penniman. "It's only a matter of time before this glaring loophole in our campaign finance system is more systematically abused by malicious foreign actors."

Sign up for The Fulcrum newsletter

Both parties benefit from the loophole. In one case study, a New Jersey plumbing firm gave $250,000 last November to the main super PAC supporting Republican Senate candidates. The business "appears to be associated with" billionaire Steven Roth, who has been an economic advisor to President Trump, the authors said.

Another case study described two companies "tied to a pair of businessmen who have been accused of bribing a politician in New Orleans" and contributing $300,000 in the past five years to New Horizons USA, a super PAC that has mostly aided Democrats in Louisiana.

To close this loophole, the nonprofit watchdog says Congress should make it a felony for Americans to create business entities that conceal illegal political activities by foreign nationals, while the Federal Election Commission should also strengthen regulation and transparency around corporate donations to super PACs.

Read More

The Psychology of Politics

An illustration of people and their unique minds.

Getty Images, Carol Yepes

The Psychology of Politics

Have you ever wondered why so many otherwise reasonable people are completely bananas about politics? We all know plenty of normal and decent folks who spout wacky political views. But it’s not just our neighbors who’ve gone mad. All over the country, Americans pick and choose the facts they want to believe, champion policies they don’t understand, hold contradictory views at the same time, admire immoral politicians, loathe decent ones, and so on.

What’s going on here? And why does it seem to be getting worse?

Keep ReadingShow less
Addressing Economic Inequity Among Domestic Violence Survivors

A person holding a stack of dollar bills that are flying away.

Getty Images, PM Images

Addressing Economic Inequity Among Domestic Violence Survivors

The 2024 film, “Anora,” about a young woman victimized by sex trafficking, recently won five Oscars at the Academy Awards. Perhaps, it is a signal of more awareness and less stigma surrounding the pervasiveness of domestic violence at all levels of society.

The ongoing lawsuits between actors Blake Lively and Justin Baldoni claiming sexual harassment and violence threat allegations around their film, “It Ends With Us,” about a relationship scarred with domestic violence, demonstrates the thin line between real life and on-screen adaptations.

Keep ReadingShow less
Layoffs at the EPA May Impact Federal Funding for Communities

Environmental Protection Agency EPA | Where James works | mccready ...

Layoffs at the EPA May Impact Federal Funding for Communities

WASHINGTON—The federal government laid off more than 60,000 workers in the first two months of 2025, while another 75,000 employees accepted a buyout and voluntarily resigned.

Among those laid off was James Clark, an Environmental Protection Agency employee who lost his job while on his honeymoon. “It’s just very sad to see someone like Elon Musk take a chainsaw on live TV and say what we do doesn’t matter,” said Clark.

Keep ReadingShow less
Congress Avoids a Shutdown But at What Cost?

Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters at the U.S. Capitol on March 14, 2025 in Washington, DC.

Getty Images, Tasos Katopodis

Congress Avoids a Shutdown But at What Cost?

On March 14, the GOP-led Senate passed a stopgap spending bill to keep the federal government running until September 30. The bill’s passage was made possible by Senate Minority Leader Chuck Schumer’s last-minute reversal—shifting from opposing the measure and advocating for a shorter extension to allowing the bill to advance. His decision was purely tactical: he feared Democrats would be blamed for a shutdown.

Schumer’s move provided the necessary votes to overcome procedural hurdles, effectively thwarting a Democratic filibuster. While Republican support for Trump’s budget was unsurprising, the Democratic leadership’s decision to go along was a stunning concession. It handed the Trump administration a significant victory while further eroding Congress’s budgetary authority, shifting more spending power to the executive branch.

Keep ReadingShow less