U.S. Chamber of Commerce solicits foreign funds to support Republican candidates

In this election season, the Chamber pledged to spend an “unprecedented” $75 million to defeat Democratic candidates, according to the Center For Media and Democracy. And some of it is coming from countries like Bahrain, India, Egypt, Abu Dhabi, Russia, Saudi Arabia, Brazil, China, as well as other countries. The money is used to fund political attack ads against Democrats through their 501(c)(6) non-profit status.

The money is funneled to the U.S. Chamber through a network of organizations in the foreign countries, above, where it is used at the organization’s discretion. It is also interesting that the Chamber successfully lobbied to kill campaign financing reforms that would have established some transparency in this mid-term political fiasco.

Read more here.

Read earlier post on anonymous donors here.