3min chapter

Against the Rules with Michael Lewis cover image

On Background: The Political Spender America Deserves

Against the Rules with Michael Lewis

CHAPTER

The Importance of Disclosure in Political Donations

Since 2010, if I want to go try to buy a Senate seat for someone without any letting anybody know without anybody be able to see my money, I give it to you dark money group with a wink and a nod. And nobody will know where your money came from. The 501c4 group needs to disclose its donors to the IRS. But there's not a, there's not that overlap between the IRS and the FEC. Because you're just writing this check for general purposes, you're in the clear. It gets even more of an issue in that to make a political donation, you can't be a foreign national writing a check from another country but a dark money group can take

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode