McFadden teams with national, Minnesota Republicans on fundraising
September 4, 2014 — 5:35pm
U.S. Senate candidate Mike McFadden has partnered with the National Republican Senatorial Committee and Republican Party of Minnesota to create McFadden Minnesota Victory Committee, a joint fundraising committee for his campaign against Democratic incumbent Al Franken.
Joint fundraising committees have become more popular since the Supreme Court’s ruling in McCutcheon v. Federal Election Commission found that donors were no longer bound by overall limits on how much they could donate to candidates, political parties and political action committees.
Federal law still limits how much donors can give to each individual candidate and party, but donors can give to as many candidates and parties as they like. So teaming up to raise money with like-minded groups and candidates has become more lucrative.
Franken has several joint fundraising committees, including Franken MVPs -- a collaboration between his campaign and his Midwest Values PAC -- and Franken Senate Victory 2014 -- a partnership with the Minnesota DFL Party.
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The decision leaves intact limits on how much donors can give to an individual candidate; Minnesota campaign finance law may not be affected but federal law, and therefore its federal candidates, will.