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Five myths about campaign finance Author: Matthew Leatherman
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Matthew Leatherman, a financial analyst, was a Democratic candidate for North Carolina state treasurer in 2020. Generations of policymakers have tried to find the right approach to campaign finance. The 2002 McCain-Feingold law curbed “soft money” donations to political parties but left open the door to spending by outside groups. Among other things, disagreement over Citizens United v. Federal Election Commission prompted Justice Samuel Alito to mouth the words “not true” at President Barack Obama’s characterization of that case during the 2010 State of the Union address. Americans believe that money has too much influence in politics but don’t agree on the best way to deal with it. Myths about campaign finance abound.
Biden’s biggest clean-energy partner: China
With help from Jesse Naranjo and Lorraine Woellert
THE BIG IDEA
Chinese President Xi Jinping delivers a speech at the opening of the 73rd World Health Assembly in May 2020. | Li Xueren/Xinhua via AP
THE GEOPOLITICS OF RENEWABLES It’s a dirty truth. The U.S path to clean energy goes straight through China.
President Joe Biden’s plan to green the economy by 2035 will require cooperation from America’s largest trading partner, which controls a vast share of the minerals used in electric batteries, the cheap materials that make up solar panels and the guts of wind turbines.
Corporations have been condemning the Capitol insurrection, but take a closer look.
Michael E. Porter and Bruce F. Freed
Opinion contributors
U.S. corporations and their leaders are speaking out forcefully about the insurrection at the U.S. Capitol and the need to transition quickly to the Biden era. However, they face a serious problem their political spending in many cases conflicts with their calls and, in fact, played a role in the crisis.
Their problem is highlighted by the hundreds of thousands, even millions, of dollars that leading corporations and their trade associations contributed to some groups that funded the election of state attorneys general who tried to overturn the election, and to groups like the Rule of Law Defense Fund that encouraged the Jan. 6 election protest.