There’s every indication that we’ll see another huge mystery donation soon like Biden got last cycle.
Impetus has been quiet so far. But campaign finance experts have noticed stirrings. Earlier this month, after four years of operation, Impetus launched a website. Entering the campaign late, as it did in 2020, has advantages. If Impetus cranks up its fundraising later this summer, the dark money watch dogs will have nothing to chase until public filings are disclosed — after the election is over. Impetus did not respond to a request for comment.
https://www.cbsnews.com/news/the-64-million-mystery-anonymous-donations-2024-presidential-campaign/
I.posted that article the other day, but it was so up voted I doubt anyone read it first.
Most speculate the money originated with a single, super-wealthy Biden supporter. But it could also have come from a privately held company or a shell corporation, an increasingly common tactic used by well-heeled donors seeking to add layers of anonymity to their political largesse. It remains a $64 million mystery — and while legal, it’s one that critics say underscores what’s wrong with today’s campaign finance system.
“Without information about who is funding groups spending to influence elections, voters won’t know who is trying to color their views, won’t be aware of any potential conflicts of interest that a funder has or what stake they may have in the outcome of the election,” said Anna Massoglia, editorial and investigations manager at OpenSecrets, a non-partisan watchdog organization that tracks the influence of money on politics.
Money isn’t Biden’s concern, votes are. Well, at least that should be.
