Campaign Finance Reform and Legal Challenges

This chapter explores the historical context and implications of the 1974 federal campaign finance reforms following the Watergate scandal, focusing on the Federal Election Campaign Act and its amendments. It discusses the complexities and legal challenges posed by the 1974 changes, particularly in relation to free speech and the influence of money in politics. The chapter also examines the dynamics between challengers and incumbents, highlighting how campaign funding can reinforce existing power structures within the two-party system.