Federal Election Commission

Nelson Peltz's Corporate Raider Actions Within Disney Amplify Need For Federal Investigation Into Market Manipulation and Insider Trading On Palm Beach Island

Retrieved on: 
Tuesday, April 2, 2024
Research, United States Census Bureau, Partner, Pew Research Center, Politics, OpenSecrets, Impact, Security (finance), Town, Economic Policy Institute, Federal Election Commission

Highlighting Palm Beach Florida, known for its ties with wealthy individuals like Nelson Peltz, Jefferey Epstein, & Donald Trump is now at the center of a growing controversy surrounding market manipulation and insider trading, exacerbated by recent actions taken by influential market figures like Corporate Raider Nelson Peltz & Trian Partners on Palm Beach Island within the Town of Palm Beach.

Key Points: 
  • Highlighting Palm Beach Florida, known for its ties with wealthy individuals like Nelson Peltz, Jefferey Epstein, & Donald Trump is now at the center of a growing controversy surrounding market manipulation and insider trading, exacerbated by recent actions taken by influential market figures like Corporate Raider Nelson Peltz & Trian Partners on Palm Beach Island within the Town of Palm Beach.
  • Data from the U.S. Census Bureau and local real estate market reports reveal a stark contrast between Palm Beach's affluent residents and the broader national populace, highlighting the deepening economic disparities.
  • Political Influence and Market Dynamics: Examining the Impact
    Recent endorsements by influential figures like Nelson Peltz for political candidates have brought to light the potent combination of campaign funding and political clout.
  • The Palm Beach community's proximity to power and wealth has raised concerns about market manipulation and insider trading practices.

Georgia Grants Defending Digital Campaigns Approval to Provide Free Cyber Tools and Resources to State's Political Campaigns

Retrieved on: 
Tuesday, March 19, 2024
Democratic Party, Microsoft, Georgia Republican Party, Democracy, Knowledge, Meta, Politics, AI, Denial-of-service attack, FEC, Cloudflare, DDC, Safety, Federal Election Commission, C4

WASHINGTON, March 19, 2024 /PRNewswire/ -- In preparation for a historic year of elections, Defending Digital Campaigns (DDC), a nonprofit, non-partisan and non-aligned C4 organization which provides free or low-cost cybersecurity resources to election campaigns, announced today that it has received approval from the Georgia Ethics Commission to provide its free cybersecurity tools and training to campaigns at every level in the state. Under separate approval from the Federal Election Commission (FEC), DDC is already able to provide these tools to state parties and candidates running for federal office.

Key Points: 
  • Under separate approval from the Federal Election Commission (FEC) , DDC is already able to provide these tools to state parties and candidates running for federal office.
  • Speakers include Richardson; Michael Kaiser, president & CEO, Defending Digital Campaigns; Matthew Wilson, first vice chair, Democratic Party of Georgia; Joshua McKoon, chairman of the Georgia Republican Party; and Seth Blank, chief technology officer of Valimail.
  • However, the flip side to these digital advantages is the heightened vulnerability to cyber threats if adequate security measures are not in place.
  • "Protecting campaigns from cyber attacks is fundamental to our democracy," said Michael Kaiser of Defending Digital Campaigns.

Federal Election Commission votes to close file on complaint alleging campaign finance violations

Retrieved on: 
Tuesday, March 12, 2024
Electricity, NEE, NextEra Energy Resources, FECA, Fortune 500, FPL, Florida Power & Light, Ethics, NextEra Energy, Wind, FEC, Complaint, Federal Election Campaign Act, Federal Election Commission, Multimedia

JUNO BEACH, Fla., March 12, 2024 /PRNewswire/ -- The Federal Election Commission (FEC) today notified NextEra Energy, Inc.'s (NYSE: NEE) principal subsidiary Florida Power & Light Company that it voted to close its file regarding a complaint that had made allegations of certain violations of the Federal Election Campaign Act (FECA).

Key Points: 
  • JUNO BEACH, Fla., March 12, 2024 /PRNewswire/ -- The Federal Election Commission (FEC) today notified NextEra Energy, Inc.'s (NYSE: NEE) principal subsidiary Florida Power & Light Company that it voted to close its file regarding a complaint that had made allegations of certain violations of the Federal Election Campaign Act (FECA).
  • The FEC notified the company that it made its decision in late February, which concluded the FEC's consideration of the complaint without a finding that the commission had reason to believe that FPL violated the FECA.
  • NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida.
  • Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin.

VOTE MAMA FOUNDATION PUBLISHES NEW DATA ON CAMPAIGN FUNDS FOR CHILDCARE

Retrieved on: 
Tuesday, January 23, 2024
Woman, Democracy, Finance Secretary (India), Research, FEC, Mother, CFCC, Federal Election Commission, History, Democrat, Government, Congress, Parent

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Vote Mama Foundation, the leading source of research and analysis about the political participation of mothers, today released the findings of its latest report on Campaign Funds for Childcare. This report builds upon the organization's prior research, and provides an update on the usage of Campaign Funds for Childcare (CFCC) at all levels of government.

Key Points: 
  • NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Vote Mama Foundation , the leading source of research and analysis about the political participation of mothers, today released the findings of its latest report on Campaign Funds for Childcare.
  • This report builds upon the organization's prior research , and provides an update on the usage of Campaign Funds for Childcare (CFCC) at all levels of government.
  • In 2018, Liuba Grechen Shirley (Vote Mama Foundation Founder and CEO) ran for Congress and petitioned the Federal Election Commission (FEC) and became the first woman in history to receive federal approval to spend Campaign Funds for Childcare (CFCC).
  • Vote Mama Foundation is the only organization working to authorize the use of Campaign Funds for Childcare in all 50 states.

DeSantis-linked super PAC broke new ground in pushing campaign finance rules in Iowa in support of a 2nd-place finish

Retrieved on: 
Wednesday, January 17, 2024
Back Down, The Washington Post, Super, Advertising, Method, GOP, Supreme, Federal Election Commission, PACS, Republican, Supreme court, DeSantis, Democrat, Campaign Legal Center, Citizens United v. FEC

Never Back Down, the Ron DeSantis super PAC, played an outsized role in the Iowa caucuses campaign of the Florida governor.

Key Points: 
  • Never Back Down, the Ron DeSantis super PAC, played an outsized role in the Iowa caucuses campaign of the Florida governor.
  • The only limits currently imposed are that super PACs can’t contribute directly to federal candidates’ campaign funds, and they can’t coordinate with campaigns.
  • In the 2024 Iowa caucuses campaign, the DeSantis-backing super PAC staked out some new territory by largely funding the candidate’s ground game, recruiting and training organizers in Iowa and sending them out early to engage Iowa Republicans face-to-face.
  • And the super PAC touted that the candidate’s wife went door to door with Never Back Down canvassers.

FPF Submits Comments to the FEC on the Use of Artificial Intelligence in Campaign Ads

Retrieved on: 
Thursday, October 26, 2023
Federal Election Commission, Use, Privacy, Policy, Future of Privacy Forum, FEC, Intelligence, Comment, FPF, Artificial intelligence, Cryptocurrency, Agency

FPF Submits Comments to the FEC on the Use of Artificial Intelligence in Campaign Ads

Key Points: 
  • FPF Submits Comments to the FEC on the Use of Artificial Intelligence in Campaign Ads
    October 19, 2023
    On October 16, 2023, the Future of Privacy Forum submitted comments to the Federal Election Commission (FEC) on the use of artificial intelligence in campaign ads.
  • The FEC is seeking comments in response to a petition that asked the Agency to initiate a rulemaking to clarify that its regulation on “fraudulent misrepresentation” applies to deliberately deceptive AI-generated campaign ads.
  • FPF’s comments follow an op-ed FPF’s Vice President of U.S. Policy Amie Stepanovich and AI Policy Counsel Amber Ezzell published in The Hill on how generative AI can be used to manipulate voters and election outcomes, and the benefits to voters and candidates when generative AI tools are deployed ethically and responsibly.
  • Published: Last Updated: October 18, 2023
    Tags: AI & Machine Learning

Trump's political action committee wants a $60 million refund on paying his legal fees – 3 key things to know about PACs

Retrieved on: 
Friday, August 4, 2023
Department, Advertising, Leadership, Trump, FEC, Federal Election Commission, Make America Great Again, Organization, PAC, The New York Times, Trade, PACS, Drug, Real estate, Thermoplastic, Pharmaceutical industry, Video game, Pod Save America

Save America, one of former President Donald Trump’s political organizations, is seeking a US$60 million refund from Make America Great Again, Inc., another Trump political organization that is less strictly regulated by federal rules.

Key Points: 
  • Save America, one of former President Donald Trump’s political organizations, is seeking a US$60 million refund from Make America Great Again, Inc., another Trump political organization that is less strictly regulated by federal rules.
  • Save America has paid Trump’s legal fees connected to multiple investigations into alleged criminal activities and is now down to less than $4 million in its account, The New York Times reported on July 31, 2023.
  • Trump’s use of political action committees, often known as PACs, to pay his mounting legal fees has raised questions about these organizations and how they spend money.

1. PACs are not all made equal

    • Corporations, labor unions and other ideological groups originally set up PACs many decades ago as a way to participate in federal elections.
    • Most PACs today are either connected to a sponsor organization or have a particular issue agenda.
    • Federal law caps individual donations to most PACs, including leadership PACs, at $5,000 per year.
    • Because contribution limits do not apply to super PACs, they have become an essential component of election campaigns over the last 13 years.

2. PACs can sometimes pay legal fees

    • It is illegal to use campaign money to pay for personal expenses that would have occurred whether or not the candidate was running for office.
    • The Federal Election Commission has ruled that campaign funds can be used to pay a candidate’s legal fees if an investigation relates directly to the election or the candidate’s time in political office.

3. Trump’s case enters murky territory

    • But money raised for a campaign could probably not cover the Department of Justice’s Mar-a-Lago documents case, which does not involve either Trump’s campaign or his time in office.
    • So, campaign money might be used in the Mar-a-Lago case.
    • What’s unclear – and possibly unlawful – is whether Trump’s leadership PAC, Save America, can pay for Trump’s legal expenses.

NEE DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Alerts NextEra Energy (NEE) Investors to Today’s Lead Plaintiff Deadline in Securities Fraud Class Action

Retrieved on: 
Tuesday, July 25, 2023
Federal Election Commission, Federal Election Campaign Act, Person, Florida Power & Light, NextEra Energy, Complaint, NEE, Hagens Berman, SAN, FPL, Committee for the Liberation of Ceuta and Melilla, Matrix, Duke Energy Florida, NYSE

SAN FRANCISCO, July 25, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges NextEra Energy, Inc. (NYSE: NEE) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, July 25, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges NextEra Energy, Inc. (NYSE: NEE) investors who suffered substantial losses to submit your losses now .
  • NextEra Energy, Inc. (NYSE: NEE) Securities Fraud Class Action:
    The complaint alleges that Defendants mispresented and concealed that NextEra’s primary subsidiary (Florida Power & Light Company, or “FPL”) flouted federal and state campaign laws thereby exposing NextEra to substantial legal and reputational risk.
  • Then, on Jan. 25, 2023, NextEra announced that FPL’s CEO (Eric Silagy) would cease to serve in that role.
  • “We’re focused on investors’ losses and proving NextEra lied to investors about its political misconduct,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages NextEra Energy (NEE) Investors with Substantial Losses to Contact Firm’s Attorneys Before July 25th Deadline in Securities Fraud Class Action

Retrieved on: 
Friday, July 21, 2023
Federal Election Commission, Federal Election Campaign Act, Person, Florida Power & Light, NextEra Energy, Complaint, NEE, Hagens Berman, SAN, FPL, Committee for the Liberation of Ceuta and Melilla, Matrix, Duke Energy Florida, NYSE

SAN FRANCISCO, July 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges NextEra Energy, Inc. (NYSE: NEE) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, July 20, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges NextEra Energy, Inc. (NYSE: NEE) investors who suffered substantial losses to submit your losses now .
  • NextEra Energy, Inc. (NYSE: NEE) Securities Fraud Class Action:
    The complaint alleges that Defendants misrepresented and concealed that NextEra’s primary subsidiary (Florida Power & Light Company, or “FPL”) flouted federal and state campaign laws thereby exposing NextEra to substantial legal and reputational risk.
  • Then, on Jan. 25, 2023, NextEra announced that FPL’s CEO (Eric Silagy) would cease to serve in that role.
  • “We’re focused on investors’ losses and proving NextEra lied to investors about its political misconduct,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

NEE 10-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages NextEra Energy (NEE) Investors with Substantial Losses to Contact Firm’s Attorneys Before July 25th Deadline in Securities Fraud Class Action

Retrieved on: 
Saturday, July 15, 2023
Federal Election Commission, Federal Election Campaign Act, Person, Florida Power & Light, NextEra Energy, Complaint, NEE, Hagens Berman, SAN, FPL, Committee for the Liberation of Ceuta and Melilla, Matrix, Duke Energy Florida, NYSE

SAN FRANCISCO, July 15, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges NextEra Energy, Inc. (NYSE: NEE) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, July 15, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges NextEra Energy, Inc. (NYSE: NEE) investors who suffered substantial losses to submit your losses now .
  • NextEra Energy, Inc. (NYSE: NEE) Securities Fraud Class Action:
    The complaint alleges that Defendants mispresented and concealed that NextEra’s primary subsidiary (Florida Power & Light Company, or “FPL”) flouted federal and state campaign laws thereby exposing NextEra to substantial legal and reputational risk.
  • Then, on Jan. 25, 2023, NextEra announced that FPL’s CEO (Eric Silagy) would cease to serve in that role.
  • “We’re focused on investors’ losses and proving NextEra lied to investors about its political misconduct,” said Reed Kathrein, the Hagens Berman partner leading the investigation.