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Pro-Obama super PAC outpaces GOP counterpart

Monday, October 22, 2012 - 10:28 Justin Sullivan/Getty Images Pro-Mitt Romney super PAC Restore Our Future doubled its monthly hall but was outraised by its pro-Obama counterpart Priorities USA Action for the second month in a row. Restore Our Future , a super PAC supporting Mitt Romney’s candidacy, doubled its fundraising total in September. It took in  $14.8 million , but was still outraised by the pro-President Barack Obama  Priorities USA Action , which raised $15.3 million for the month. The totals show a reversal of a trend — Republicans to date have fared better at raising money for outside groups, though Romney still has American Crossroads, a well-funded super PAC, and Crossroads GPS, a nonprofit, in his corner. Restore Our Future brought in $7 million in August. Most of the major super PACs had until Saturday at midnight to file monthly reports with the Federal Election Commission on September’s fundraising activities. Meanwhile, J. Joe Ricketts, whose conservative  Ending ...

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Found more than 1 month ago on channel Marketplace.org

The companies that spend the most on politics

With the U.S. presidential election heating up, 24/7 Wall St. decided to examine public companies’ political contributions in the current election cycle.  The donations include monies given to political parties, candidates, and political action committees.

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Found more than 1 month ago on channel MSNBC

United States: Notwithstanding Little Guidance From The CFPB, Expect More UDAAP Enforcement Actions Now That The Presidential Election Is Over - Foley & Lardner

The Consumer Financial Protection Bureau ("Bureau") has yet to provide a set of concrete, meaningful rules setting forth what it considers unfair, deceptive, or abusive acts or practices ("UDAAP") are under the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"), but that has not stopped the Bureau from flexing its broad and significant enforcement muscles.

act action bureau cfpb dodd-frank election enforcement foley guidance lardner practices protection states street udaap united wall

Found more than 1 month ago on channel Mondaq

Dictators for Obama?

Tuesday, October 23, 2012 - 09:11 Chris Kleponis/AFP/Getty Images Evangelical leader Gary Bauer leads the Campaign for American Values PAC, which produced the ad "Dictator Vote." President Barack Obama has the dictator vote, at least according to a super PAC run by evangelical leader Gary Bauer. Hours before Obama and GOP nominee Mitt Romney began a debate on foreign policy, Bauer’s super PAC released an  ad  with quotes from Cuba’s Fidel Castro, Venezuela’s Hugo Chavez and Russia’s Vladimir Putin, expressing their admiration for the president. “Obama secured the dictator vote,” the narrator says. “Does he have yours?” Bauer’s  Campaign for American Values PAC  has spent more than a half-million dollars on ads supporting Romney and opposing Obama. An August  ad  said Obama is “forcing gay marriage on the country.”  Another  accused the president of “bowing to Islam.” And a  third  ad asked, “Why was God booed by Obama’s delegates” at the Democratic ...

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Found more than 1 month ago on channel Marketplace.org

Mystery group spends $1 million opposing Obama

Friday, October 19, 2012 - 10:25 David Greedy/Getty Images Little is known about "Citizen Awareness Project" in Colorado, which just spent nearly $1 million opposing Obama. Less than three weeks before Election Day, a new mystery group dropped nearly $1 million on an anti-Obama expenditure, according to records. Citizen Awareness Project  appears to be a nonprofit organization. It reported the independent expenditure opposing President Barack Obama Thursday, according to a filing with the Federal Election Commission. The entire sum —  $994,000  — was paid to Stephen Clouse & Associates Inc., a Virginia firm that specializes in raising money for its clients via direct mail, according to its  website . The firm has produced marketing materials for the conservative Heritage Foundation and the Mercatus Center at George Mason University, both of which count billionaire businessman and financier of conservative causes Charles Koch as a board member. Citizen Awareness Project has no website ...

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Found more than 1 month ago on channel Marketplace.org