Federal Financial Mortgage Organization (Freddie Mac computer) Pays Biggest Fine from inside the FEC History 8 billion civil penalty to settle accusations this violated brand new Federal Election Venture Act (“new Work”) and you can FEC legislation, hence exclude corporations away from and make or assisting benefits. This new $step three.8 billion municipal punishment is the prominent municipal penalty actually obtained because of the Fee for the a municipal administration action. “The outcomes within this amount once again shows this new FEC””s partnership so you’re able to vigorous enforcement of venture funds laws” told you FEC Vice chairman Robert Lenhard. “They delivers a clear signal you to definitely bans on the entry to business or relationship info and come up with otherwise assists contributions so you’re able https://speedycashloan.net/loans/payday-loans-with-prepaid-debit-card to government candidates are not only details which abuses keeps genuine effects. Between 2000 and you may 2003, Freddie Mac used corporate tips so you can support 85 fundraising events one raised just as much as $step 1.7 mil for government candidates. Freddie Mac data, prepared by former Older Vp out-of Bodies Relations R. Mitchell Delk while some and you will directed to help you Freddie Mac’s Board of Administrators and you […]