Neil Reiff Quoted by Bloomberg
Neil Reiff was quoted today in a story in Bloomberg on the effect that the Supreme Court’s decision in McCutcheon v. FEC will have on campaign fundraising in the coming months and years. With aggregate contribution limit declared unconstitutional, it is possible that super-Joint Fundraising Committees could come into existence that support dozens of candidates. With a super-JFC, an individual could write one massive check that would then be distributed among many candidates.
However, Mr. Reiff tampered expectations of such a rise:
Whether the McCutcheon ruling will lead to “a groundswell of money in the system, I don’t know,” Neil Reiff, a Democratic campaign-finance lawyer with Sandler, Reiff, Young & Lamb, said in an interview. Writing a big check to a super-JFC is “still not as efficient as writing a check to a super-PAC, so I can’t necessarily compare this to the revolution of super-PACs in Citizens United. But obviously it’s something,” Reiff said.
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