Obama 2008 campaign fined $375,000

Maggie Haberman
Politico
1/4/2013

President Barack Obama’s 2008 campaign was fined $375,000 by the Federal Election Commission for campaign reporting violations — one of the largest fees ever levied against a presidential campaign, POLITICO has learned.

The fine — laid out in detail in FEC documents that have yet to be made public — arose from an audit of the campaign, which was published in April. POLITICO obtained a copy of the conciliation agreement detailing the fine, which was sent to Sean Cairncross, the chief lawyer for the Republican National Committee, one of the groups that filed complaints about the campaign’s FEC reporting from 2008…

…The major sticking point for the FEC appeared to be a series of missing 48-hour notices for nearly 1,300 contributions totaling more than $1.8 million — an issue that lawyers familiar with the commission’s work say the FEC takes seriously. The notices must be filed on contributions of $1,000 or more that are received within the 20-day window of Election Day.

More than half of those contributions were transferred from the Obama Victory Fund, a joint committee between the campaign and the Democratic National Committee…

Read the complete article at Politico.

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