- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on AdministrationIntroducedFebruary 26th, 2019
- house Committees
There is currently very little oversight over how inaugural committees solicit, receive, and spend money. This bill would ensure that inaugural committees don’t become a way for corporations and other donors to buy influence with an incoming administration by donating to their inaugural committees.
The FEC already prohibits inaugural committees from receiving money from foreign nations and straw donors, and also requires inaugural committees to report all donations over $200 within 90 days of receipt. These safeguards are sufficient to ensure that inaugural committees don’t become influence-peddling operations.