Berliner Boersenzeitung - US Supreme Court weighs campaign finance case

EUR -
AED 4.270005
AFN 76.153531
ALL 96.410443
AMD 443.754431
ANG 2.08129
AOA 1066.192275
ARS 1674.289959
AUD 1.750445
AWG 2.094307
AZN 1.968402
BAM 1.954365
BBD 2.343349
BDT 142.183154
BGN 1.955899
BHD 0.438317
BIF 3448.557153
BMD 1.162696
BND 1.508653
BOB 8.057084
BRL 6.317275
BSD 1.163531
BTN 104.623179
BWP 15.507214
BYN 3.363643
BYR 22788.846996
BZD 2.340082
CAD 1.609898
CDF 2592.81282
CHF 0.937371
CLF 0.02745
CLP 1076.865824
CNY 8.21282
CNH 8.211153
COP 4486.124055
CRC 568.882291
CUC 1.162696
CUP 30.811451
CVE 110.746738
CZK 24.252856
DJF 206.6344
DKK 7.468324
DOP 74.703469
DZD 151.279058
EGP 55.286442
ERN 17.440444
ETB 180.508946
FJD 2.641414
FKP 0.872948
GBP 0.874144
GEL 3.127523
GGP 0.872948
GHS 13.312683
GIP 0.872948
GMD 85.457629
GNF 10100.923472
GTQ 8.912303
GYD 243.381294
HKD 9.048713
HNL 30.520626
HRK 7.533925
HTG 152.374186
HUF 383.733366
IDR 19380.984213
ILS 3.748638
IMP 0.872948
INR 104.546568
IQD 1523.132121
IRR 48949.513535
ISK 148.802148
JEP 0.872948
JMD 186.1709
JOD 0.824371
JPY 182.38926
KES 150.278812
KGS 101.677509
KHR 4656.598749
KMF 492.982977
KPW 1046.422664
KRW 1708.861565
KWD 0.357111
KYD 0.969563
KZT 600.029421
LAK 25213.068747
LBP 104301.481894
LKR 359.110142
LRD 205.797527
LSL 19.835686
LTL 3.43314
LVL 0.703303
LYD 6.319231
MAD 10.758405
MDL 19.755984
MGA 5220.506172
MKD 61.561421
MMK 2441.715395
MNT 4124.411542
MOP 9.325472
MRU 46.321418
MUR 53.658625
MVR 17.909156
MWK 2019.006349
MXN 21.158397
MYR 4.786235
MZN 74.30812
NAD 19.835687
NGN 1687.417889
NIO 42.74078
NOK 11.801239
NPR 167.392771
NZD 2.011424
OMR 0.447054
PAB 1.163546
PEN 3.910108
PGK 4.940877
PHP 69.122832
PKR 325.962192
PLN 4.227389
PYG 8135.816251
QAR 4.233496
RON 5.089472
RSD 117.449771
RUB 89.760498
RWF 1688.234992
SAR 4.363055
SBD 9.569679
SCR 16.225157
SDG 699.373216
SEK 10.880518
SGD 1.508052
SHP 0.872323
SLE 28.016723
SLL 24381.157382
SOS 664.452601
SRD 44.903911
STD 24065.465424
STN 24.823565
SVC 10.18035
SYP 12855.885117
SZL 19.83494
THB 36.997168
TJS 10.721727
TMT 4.081064
TND 3.41106
TOP 2.799494
TRY 49.45273
TTD 7.880214
TWD 36.2388
TZS 2848.605916
UAH 49.116902
UGX 4121.92025
USD 1.162696
UYU 45.465834
UZS 13963.982292
VES 299.517868
VND 30663.20752
VUV 141.435343
WST 3.238699
XAF 655.475709
XAG 0.0191
XAU 0.000276
XCD 3.142245
XCG 2.09696
XDR 0.814404
XOF 654.598261
XPF 119.331742
YER 277.332112
ZAR 19.832227
ZMK 10465.665909
ZMW 26.906244
ZWL 374.387726
  • RBGPF

    0.7600

    79.11

    +0.96%

  • RYCEF

    -0.0500

    14.75

    -0.34%

  • SCS

    0.0200

    16.14

    +0.12%

  • NGG

    -0.4400

    74.89

    -0.59%

  • RELX

    0.0600

    39.54

    +0.15%

  • VOD

    0.0000

    12.5

    0%

  • CMSC

    0.0200

    23.24

    +0.09%

  • CMSD

    0.0500

    23.22

    +0.22%

  • RIO

    1.3800

    74.4

    +1.85%

  • AZN

    -1.4600

    89.82

    -1.63%

  • GSK

    -1.2000

    47.27

    -2.54%

  • JRI

    -0.0190

    13.701

    -0.14%

  • BCE

    -0.1900

    23.15

    -0.82%

  • BCC

    0.1900

    72

    +0.26%

  • BP

    -0.2300

    35.55

    -0.65%

  • BTI

    -0.1200

    57.29

    -0.21%

US Supreme Court weighs campaign finance case
US Supreme Court weighs campaign finance case / Photo: Drew ANGERER - AFP/File

US Supreme Court weighs campaign finance case

The US Supreme Court heard arguments on Tuesday in a Republican challenge to campaign finance rules that could impact next year's midterm elections.

Text size:

Among those bringing the case is Vice President JD Vance, who joined when he was running for the Senate in 2022 and is now considered a potential candidate for the Republican presidential nomination in 2028.

At issue in the case brought by the Republican Party is limits on the amount of money political parties can spend in coordination with their candidates.

In Citizens United, a landmark 2010 case, the Supreme Court lifted restrictions on campaign spending by corporations, unions and other outside groups.

But political parties are still restricted, however, on how much they can spend on advertising, for example, in coordination with individual candidates.

Supporters of the law argue that it curbs potential corruption and prevents wealthy donors from funneling money through a political party to a candidate of their choice.

It was unclear during oral arguments on Tuesday how the court would rule although several of the six conservative justices on the nine-member court appeared inclined to strike down the restrictions.

"I am concerned...that the combination of campaign finance laws and this court's decisions over the years have together reduced the power of political parties as compared to outside groups, with negative effects on our constitutional democracy," said Justice Brett Kavanaugh, a conservative.

"You can give huge money to the outside group, but you can't give huge money to the parties, and the parties are very much weakened compared to the outside group," Kavanaugh said.

The three liberal justices were skeptical.

"Once we take off this coordinated expenditure limits, then what's left?" said Justice Sonia Sotomayor. "What's left is nothing, no control whatsoever."

Marc Elias, arguing for Democrats who oppose easing the rules, said lifting the spending restrictions would "convert the political parties into mere paymasters to settle invoices from campaign vendors."

"They will not be able to support activity that is long term in nature, because there will be an arms race that right now doesn't exist," Elias said.

"Coordinated party spending limits act as a buffer on how much money you can pump into directly paying the bills of a House or Senate campaign or a presidential campaign so that you have funds to do these other party building functions," he added.

The court is expected to issue its decision by the end of June, four months ahead of the midterm vote.

(Y.Berger--BBZ)