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- 1867: First campaign finance law
- 1907: Tillman Act prohibits direct financing from interstate banks
- 1971: Federal Election Campaign Act Passed
- 1974: Federal Election Commission Established
- 2002: Bipartisan Campaign Reform Act
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Campaign Finance Reform is a blanket term referring to all efforts to lessen the influence of money and financiers on the electoral system. While regulation of campaign finance dates back to the inception of the electoral process, Congress made a commitment to reform in 1971 when it passed the Federal Election Campaign Act. The legislation created the Federal Election Commission, a central enforcement agency that forces campaigns to provide broad disclosure of campaign finance.
In October of 2008, Good Magazine posted a feature on their website parodying the campaign contributions of Barack Obama and John McCain. The two then-candidates were drawn wearing NASCAR-style uniforms, brandishing their respective campaign contributions with garish patches on their clothes. For example, Barack Obama wore a Google patch, and John McCain wore a Bear Stearns patch.McCain-Feingold Law
In 2002, Congress passed the McCain-Feingold Act to amend the Federal Election Campaign Act. Sponsored by Senators John McCain and Russ Feingold, the law prohibited the raising of any funds not subject to the federal limits.
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Campaign Finance Reform Questions
Why did the President push Immigration reform to the back burner? 3 AnswersThere are simply too many major issues he has to deal with that are also extremely important. He has to work on health care, cap and trade, and the recession. E... read more
Why did land reform fail in Guatemala? 1 Answerhttp://images.encarta.msn.com/xrefmedia/sharemed/targets/images/pho/t285/T285199A.jpg Guatemala president Jacobo Arbenz 1950 - 1954 President Jacobo Arbenz won... read more
Which college degree provides more opportunity: finance or accounting? 2 AnswersI do not want to underestimate accountants as they play a very important role by keeping the "books" of the companies financial representation as transparent as... read more
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Campaign Finance Reform Major Figures
- U.S. Senator John McCain
- Senator McCain: Only One Bill Means Reform
- U.S. Senator Russ Feingold
- Senate.gov: Statement of U.S. Senator Russ Feingold...
- Representative Marty Meehan
- Congressman Meehan: Campaign Finance Reform
- Congressman Christopher Shays
- Congressman Shays: Campaign Finance Reform
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On Twitter Powered by Twitter
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The only way out of this mess is REAL campaign finance reform and voters on all sides being honest, responsible and attentive. Fat chance.
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Rep. John Larson(D-CT) pushing campaign finance reform. Contact him about our plan which is the best first step! BillEvansForCongress.com
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writing a backgrounder on Campaign Finance Reform - it's doing my head in #thiswouldbeeasierwithscotch
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@photog357 That's what's so frustrating .... not worthless ... half worthless. Campaign finance reform is a STUPID DISASTER! #hhrs
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@thomgough we need strict campaign finance reform - so lobbying & huge corporate contributions stop corrupting overall policy #sgp #tlot #p2
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- U.S. Senator John McCain
