Loeffler continues trying to buy herself influence and power after promising to funnel $20 million into Senate race, would be a vote against campaign finance reform
ATLANTA — Today, on the 10th anniversary of the disastrous Citizens United v. FEC ruling, “political mega-donor” Kelly Loeffler is celebrating this victory for mega-donors like herself by continuing her efforts to buy a Senate seat outright using her fortune.
As she struggles to rally her own skeptical party around her in the face of poor polling and mounting ethical conflicts of interest, Loeffler is leaning harder than ever into her mega-donor roots after earlier promising to funnel $20 million of her fortune into the Senate race in order to buy a temporary appointment.
But Loeffler using cash to buy influence and power in Washington goes beyond her own long history as a major donor to politicians and political Super PACs. Loeffler’s financial firm also has a long track record of special interest influence peddling, spending an eye-popping $17 million on Washington lobbying since 2002 — making her firm one of the biggest lobbying spenders of any securities and investment firm since 2011.
Today’s anniversary brings yet another reminder that Loeffler will be another vote in the Senate to block campaign finance reform and protect the status quo that empowers mega-donors like herself at the expense of regular Georgia voters.
“The Citizens United ruling may have been a disaster for American democracy and special interest influence in our politics — but it was a gift to ‘political mega-donors’ like Kelly Loeffler,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “Georgians deserve a Senator who will fight for them in Washington, not a mega-donor who will block reform and protect the broken campaign finance status quo created by disastrous rulings like Citizens United.”
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