February 2015

Covington recently issued an advisory to its bank and financial institution clients explaining the rules governing their business dealings with candidates and political groups. The advisory, which is available here, deals with loans and other transactions that sometimes cause banks to run afoul of Federal Election Commission regulations or
Continue Reading Covington Issues Client Advisory on Bank Loans and Transactions with Candidates and Political Groups

The Federal Election Commission has increased the limits on the amount an individual can contribute to a candidate or national political party for the 2015-2016 election cycle.  An individual can now give up to $2,700 per election to a candidate for federal office, up from $2,600.  Because the primary and
Continue Reading FEC Increases Contribution Limits, Permitting Individuals to Contribute over $800K to National Party Committees