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 Sen. Al Franken.
Joint fundraising committees have become more popular since a U.S. Supreme Court ruling 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. He has also established Franken Senate Victory 2014, a partnership with the Minnesota DFL Party.
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