logo
Supreme Court takes up a Republican appeal to end limits on party spending in federal elections

Supreme Court takes up a Republican appeal to end limits on party spending in federal elections

WASHINGTON (AP) — The Supreme Court will take up a Republican-led drive, backed by President Donald Trump's administration, to wipe away limits on how much political parties can spend in coordination with candidates for Congress and president.
The justices said Monday they will review an appellate ruling that upheld a provision of federal election law that is more than 50 years old, ignoring pleas from Democrats to leave the law in place. The Supreme Court itself upheld it in 2001.
But since Chief Justice John Roberts joined the court in 2005, a conservative majority has upended a variety of congressionally enacted limits on raising and spending money to influence elections. The court's 2010 Citizens United decision opened the door to unlimited independent spending in federal elections.
Without the limits on party spending, large donors would be able to skirt caps on individual contributions to a candidate by directing unlimited sums to the party with the understanding that the money will be spent on behalf of the candidate, supporters of the law say.
The case will be argued in the fall.
Richard Hasen. an election law expert at the University of California at Los Angeles law school, has predicted the court will strike down the limits. 'That may even make sense now in light of the prevalence of super PAC spending that has undermined political parties and done nothing to limit (and in fact increased) corruption and inequality,' Hasen wrote on the Election Law blog.
The Justice Department almost always defends federal laws when they are challenged in court. But the Trump administration notified the court that 'this is the rare case that warrants an exception to that general approach' because it believes the law violates free-speech protections in the First Amendment.
The Republican committees for House and Senate candidates filed the lawsuit in Ohio in 2022, joined by two Ohio Republicans in Congress, then-Sen. J.D. Vance, who's now vice president, and then-Rep. Steve Chabot.
In 2025, the coordinated party spending for Senate races ranges from $127,200 in several states with small populations to nearly $4 million in California. For House races, the limits are $127,200 in states with only one representative and $63,600 everywhere else.
___
Follow the AP's coverage of the U.S. Supreme Court at https://apnews.com/hub/us-supreme-court.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Shares steady, dollar firms on US tariff letters; oil dips
Shares steady, dollar firms on US tariff letters; oil dips

Yahoo

time29 minutes ago

  • Yahoo

Shares steady, dollar firms on US tariff letters; oil dips

By Rocky Swift TOKYO (Reuters) - Stock markets in Asia took in stride the latest twist in U.S. President Donald Trump's tariff roll-out on Tuesday, as the dollar held onto gains and oil retreated. Shares on Wall Street fell after Trump sent letters to 14 countries, including Japan and South Korea, unveiling sharply higher tariffs on imports into the United States, while also postponing their implementation to August 1. Japan's Nikkei stock gauge opened lower but then turned positive after Trump described that deadline as "firm, but not 100% firm" and said tariffs may be adjusted for some countries. The Aussie dollar rose ahead of a Reserve Bank of Australia decision later in the day. Market reaction to the tariff announcements was muted on memories of Trump's rapid walk back of his "Liberation Day" duties initially set out on April 2, said Tapas Strickland, head of market economics at National Australia Bank. "There's going to be a lot of volatility as the headlines start to emerge, as more of these letters come out, and as the negotiations really come to the fore ahead of that August 1 deadline," Strickland said on an NAB podcast. In April, Trump capped all of the so-called reciprocal tariffs with trading partners at 10% until July 9 to allow for negotiations. Only two agreements, with Britain and Vietnam, have been reached. In June, Washington and Beijing agreed on a framework covering tariff rates, restoring a fragile truce in their trade war. Tariffs on Japan and South Korea are now due to go up to 25% on August 1. Japanese Prime Minister Shigeru Ishiba called the hike deeply regrettable and said his nation would continue negotiations with the U.S. The European Union will not be receiving a letter setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday. The EU still aims to reach a trade deal by Wednesday after European Commission President Ursula von der Leyen and Trump had a "good exchange," a commission spokesperson said. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2% in early trade. Japan's Nikkei stock index rose 0.4% while South Korea's KOSPI jumped 1.5%. The dollar rose 0.2% to 146.36 yen, touching a two-week high. The euro was flat at $1.1741. The Aussie advanced 0.4% to $0.6516 before a meeting by the central bank where policymakers are widely expected to deliver a 25-basis-point cut. U.S. crude dipped 0.5% to $67.59 a barrel after surging nearly 2% on Monday. Spot gold edged 0.2% lower. In early trade, pan-region Euro Stoxx 50 futures were down 0.1%, German DAX futures were down 0.1% at 24,133, and FTSE futures slid 0.3%.

Most markets rise as Trump sends tariff letters, delays deadline
Most markets rise as Trump sends tariff letters, delays deadline

Yahoo

time29 minutes ago

  • Yahoo

Most markets rise as Trump sends tariff letters, delays deadline

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. Days before the three-month pause on his "Liberation Day" tariffs was set to expire, the US president said he would give governments an extra three weeks to hammer out deals to avoid paying sky-high levies for exports to the world's biggest economy. That came as he sent out letters to over a dozen countries -- including top trading partners Japan and South Korea -- setting out what he had decided to charge if they did not reach agreements by the new August 1 target date. Investors tentatively welcomed the delay amid hopes officials will be able to reach deals with Washington, with some observers seeing the latest move by the president as a negotiation tactic. The letters said Tokyo and Seoul would be hit with 25 percent tariffs, while Indonesia, Bangladesh, Thailand, South Africa and Malaysia faced duties ranging from 25 percent to 40 percent. When asked if the new deadline was set in stone, the president said: "I would say firm, but not 100 percent firm." And asked whether the letters were his final offer, he replied: "I would say final -- but if they call with a different offer, and I like it, then we'll do it." While Wall Street's three main indexes ended down -- with the S&P 500 and Nasdaq back from record highs -- Asian markets mostly rose. Tokyo and Seoul advanced, while there were also gains in Hong Kong, Shanghai and Singapore. Sydney, Wellington and Taipei fell. Manila and Jakarta were flat. The White House has for weeks said that numerous deals were in the pipeline, with Treasury Secretary Scott Bessent claiming Monday that "we are going to have several announcements in the next 48 hours". But so far only two have been finalised, with Vietnam and Britain, while China reached a framework to slash eye-watering tit-for-tat levies. Asia Society Policy Institute Vice President Wendy Cutler said the levies on Japan and South Korea "will send a chilling message to others". "Both have been close partners on economic security matters," she said, adding that companies from both countries had made "significant manufacturing investments in the US in recent years". For his part, Japan's Prime Minister Shigeru Ishiba said Sunday that he "won't easily compromise". National Australia Bank's Tapas Strickland said there remained a lot of uncertainty among investors. "If the agreement with Vietnam is anything to go by, then countries... the US has a trade deficit with look destined to have a 20 percent tariff, and those... the US has a trade surplus with a 10 percent tariff," he wrote in a commentary. "That could mean eventual tariff rates settle higher than what the current consensus is, which is broadly for a 10 percent across the board tariff with a higher tariff on China. "Without further clarity, though, markets will have trouble pricing these different scenarios, especially given Trump's quick reversal following the market reaction in response to the initial Liberation Day tariffs." - Key figures at around 0230 GMT - Tokyo - Nikkei 225: UP 0.3 percent at 39,711.29 (break) Hong Kong - Hang Seng Index: UP 0.5 percent at 23,996.70 Shanghai - Composite: UP 0.2 percent at 3,479.65 Euro/dollar: UP at $1.1745 from $1.1710 on Monday Pound/dollar: UP at $1.3634 from $1.3602 Dollar/yen: DOWN at 146.10 yen from 146.13 yen Euro/pound: UP at 86.15 pence from 86.09 pence West Texas Intermediate: DOWN 0.7 percent at $67.45 per barrel Brent North Sea Crude: DOWN 0.6 percent at $69.16 per barrel New York - Dow: DOWN 0.9 percent at 44,406.36 (close) London - FTSE 100: DOWN 0.2 percent at 8,806.53 (close) dan/tym

DOJ pushes back on conspiracy theorists, states no Jeffrey Epstein ‘list'
DOJ pushes back on conspiracy theorists, states no Jeffrey Epstein ‘list'

Yahoo

time32 minutes ago

  • Yahoo

DOJ pushes back on conspiracy theorists, states no Jeffrey Epstein ‘list'

The Department of Justice angered MAGA conspiracy theorists Monday with a memo stating sex offender Jeffrey Epstein didn't keep a 'client list' linking celebrities and public officials to sex trafficking. The declaration comes on the heels of Attorney General Pam Bondi indicating to Fox News that such a document was 'sitting on my desk' waiting to be scrutinized in February. For months Bondi claimed significant information about the disgraced financier that was ignored by the Biden administration would come to light. White House Press Secretary Karoline Leavitt and Justice Department spokesperson Chad Gilmartin told reporters Monday that Bondi meant to say all of the files regarding Epstein were on her desk — though not a specific list of co-conspirators — when she previously commented on the matter. Epstein had been linked to numerous well-known figures in show business and politics including Donald Trump, who once told New York magazine the convicted sex offender was a 'fun' guy to be around. 'It is even said that he likes beautiful women as much as I do, and many of them are on the younger side,' Trump acknowledged. Epstein was also known to spend time with former President Bill Clinton and philanthropist Bill Gates. Neither of those men, nor Trump, are charged with wrongdoing. Monday's announcement didn't sit well with 'Infowars' host Alex Jones and X owner Elon Musk. 'This is very, very painful and nauseating,' Jones ranted on a video posted to X Monday. Musk, who recently announced he'd start his own political party after accusing Trump of being included 'in the Epstein files,' also expressed frustration on X. 'This is the final straw,' the billionaire posted. Justice officials said they have no plans to release further records pertaining to Epstein's case. Trump administration FBI appointees Kash Patel and Dan Bongino found themselves under scrutiny from conspiracy theorists in May after admitting Epstein killed himself in the Metropolitan Correctional Center, as investigators reported in 2019, and was not the victim of a 'deep state' assassination. Both men routinely bolstered outlandish conspiratorial claims while working as podcasters. With News Wire Services

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store