DON'T WAIT.

We publish the objective news, period. If you want the facts, then sign up below and join our movement for objective news:

TOP STORIES

Latest News

Biden-To-Harris Campaign Funds Transfers Stir Legal Challenges

 August 7, 2024

In a pivotal move within the Democratic Party, Vice President Kamala Harris has assumed control over the Biden campaign's assets, including a substantial war chest, as she steps forward as the presidential nominee.

The transfer of campaign funds and assets from Biden to Harris has, however, led to legal scrutiny and a complaint from the Trump campaign, as the Washington Times reports.

As the presidential election approaches, Harris began her campaign under the domain "joebiden.com," originally used by President Joe Biden. This transfer includes not only the website but also substantial assets from Biden’s campaign.

The assets now under Harris's control include leases for field offices, various campaign staff members, and significant campaign contributions previously raised under Biden's campaign banner.

This transition marks a rare occurrence in political campaigns where a vice president takes over the campaign infrastructure of the sitting president. Harris has retained the campaign chairman and manager from Biden's team, moved into the Wilmington headquarters, and maintained control over the "@joebiden" Twitter handle.

Legal Controversy Over Campaign Asset Transfer

Harris has declared ownership of approximately $96 million directly from Biden’s campaign accounts, with broader access to about $240 million across various Democratic entities. These figures have pushed her total campaign funds to a staggering $377 million.

However, the legality of this asset transfer remains uncertain, with no clear precedents set by the Federal Election Commission (FEC) or in the courts. The move has not only raised eyebrows but has also triggered a formal complaint by the Trump campaign.

The complaint lodged by the Trump campaign accuses Harris of violating campaign finance laws through the transfer of Biden’s campaign funds to her own campaign coffers. They argue that Harris should have established her own campaign entity rather than just assuming Biden’s.

Divided Legal Opinions on FEC Rules

Federal law does stipulate that a presidential candidate’s campaign depository can serve a vice-presidential candidate if they are running on the same ticket, which provides some basis for the transfer. Yet, legal experts are split on whether this allows for such a substantial transfer of assets.

Bradley E. Smith, a former FEC chairman, expressed skepticism about the legality of the move, stating, "No one has ruled on this in the past. I think the better interpretation is that the transfer is not legal, but it’s not like the Democrats don’t have a leg to stand on."

In contrast, Trevor Potter, another campaign finance expert, suggested that since Biden and Harris shared a campaign committee, the funds could legally be used by Harris if she remains on the Democratic ticket.

Political and Public Reactions to the Campaign Strategy

The Harris campaign has vigorously defended the legality of the transfers. Charles Kretchmer Lutvak, a spokesperson for Harris, criticized the Republican complaint as baseless, arguing that it reflects a pattern of behavior aimed at undermining democratic processes.

Lutvak stated, "Republicans may be jealous that Democrats are energized to defeat Donald Trump and his MAGA allies, but baseless claims — like the ones they’ve made for years to try to suppress votes and steal elections — will only distract them while we sign up volunteers, talk to voters and win this election."

On the other hand, the Trump campaign’s complaint has accused Harris of attempting a "brazen money grab" that contravenes the Federal Election Campaign Act of 1971, referring to it as a potential $91.5 million heist of leftover campaign funds.

FEC’s Role in Resolving Campaign Finance Complaints

The FEC, known for its slow pace in resolving disputes, faces significant pressure to address this issue swiftly. However, historical patterns suggest that a resolution might not be reached before the campaign for the 2028 election fully ramps up.

Daniel I. Weiner, another legal expert, pointed out the legal complexities involved, noting, "The same law that allows Mr. Biden to transfer his assets to Ms. Harris hamstrings her ability to solicit funds."

Smith further added, "What federal judge is going to issue an injunction so close to the election? No judge is going to do that," highlighting the practical challenges in adjudicating such a heated dispute.

In conclusion, the transfer of campaign assets from Biden to Harris represents a novel strategy fraught with legal uncertainties. The FEC’s slow deliberation process, coupled with sharply divided legal opinions and a heated political climate, suggests that this issue will remain a central topic in the upcoming presidential race. All parties involved are bracing for a prolonged legal battle that could redefine campaign finance regulations and presidential campaign strategies.