September 27, 2011 |
Seeking to increase its influence in Washington, Facebook Inc. is starting a political action committee to funnel employee contributions to federal candidates. The move to create what will be called FB PAC is another indication of the company's political evolution as its dramatic growth creates a need to protect itself from government policies, such as potentially tough online privacy regulations. Three top House Republicans were scheduled to appear Monday at Facebook's headquarters in Palo Alto to take questions from employees and guests.
July 1, 2011 |
Satirical talk show host Stephen Colbert took his act to the Federal Election Commission on Thursday, shining his lights — literally — on the normally obscure bureaucracy. Colbert had petitioned the three Republicans and three Democrats on the commission to give their blessing to a political fundraising organization the comedian decided to form last spring. Packing cameras and spotlights, the team from Comedy Central's "The Colbert Report" showed up to hear the commission debate whether Colbert should be allowed to form a corporate-backed political action committee — Colbert Super PAC — and use the resources of parent company Viacom to produce and air election-related ads. Colbert's proposal, jocular though it may be, raised the potentially serious prospect that other television personalities might seek to create similar fundraising groups, with questions centering on how much they would be required to disclose about their employers' involvement.
CALIFORNIA | LOCAL
June 18, 2011 |
Reporting from Washington -- Los Angeles City Councilwoman and Democratic congressional candidate Janice Hahn has filed a complaint with the Federal Election Commission over a widely criticized hip-hop-themed video that links her to gang members. The ad, which uses stereotypical hip-hop video imagery and features Hahn's face superimposed onto a stripper, was produced by a new third-party political action committee called Turn Right USA. Hahn's complaint alleges that Turn Right is working with the campaign of Republican Craig Huey, her opponent in the race to succeed Jane Harman in California's 36th district.
April 23, 2011 |
Despite mounting calls for greater transparency, only a few of the country's 75 leading energy, healthcare and financial services corporations fully disclose political spending, according to a review of company records and state and federal campaign finance reports . While complying with legal requirements to report direct donations to candidates, the vast majority of these companies — many of which are seeking legislative favors from the...
February 22, 2011 |
Can you launch a campaign without a candidate? A political action committee is stepping up efforts to lay the groundwork for a White House run by Jon Huntsman, a Republican who recently announced plans to resign as the U.S. ambassador to China. Horizon PAC launched a website Tuesday with a whimsical flair, featuring a prominent red H and the notion "Maybe Someday. " "Maybe someday we'll find a new generation of conservative leaders. Well-grounded leaders of vision. Who will bring back America.
February 1, 2011 |
While the presidential campaign hasn't officially started, Mitt Romney leads the pack in pre-campaign fundraising by a handful of potential Republican presidential contenders, according to records filed with the Federal Election Commission. The former governor of Massachusetts and millionaire founder of Bain Capital raised more than $5.5 million in 2010 through Free and Strong America, his federal political action committee. The PAC closed out the year with nearly $800,000 in cash on hand.