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Thu Oct 31, 2019, 02:27 PM

Adelson, Thiel Among Givers to GOP Group Forced to Reveal Donors

By Kenneth P. Doyle

PayPal co-founder Peter Thiel and casino magnate Sheldon Adelson were among the big funders of a GOP allied nonprofit group whose names were disclosed following court challenges to lift the cloak of secrecy surrounding dark money.

Their donations to the nonprofit, Americans for Job Security, were revealed after a long court battle and a settlement with the Federal Election Commission. While similar groups continue to pour hundreds of millions of dollars into elections without revealing donors, recent court rulings have signaled donors can’t always rely on promises of anonymity. Dark money is the term used by critics for campaign spending that is funded by undisclosed donors.

“These people tried to get around the law and keep their massive political money secret. It took a long time, but transparency and the rule of law prevailed,” said Noah Bookbinder executive director of the watchdog Citizens for Responsibility and Ethics in Washington (CREW), which spearheaded the legal battle to reveal the group’s donors.

Americans for Job Security spent more than $20 million for campaign ads aiding Republican candidates in the 2010 and 2012 elections, according to disclosures with the FEC. The group acknowledged that it was a regulated political action committee subject to disclosure rules after years of legal wrangling. A settlement with the FEC required it to file a new report listing its donors, which was posted on the agency’s website Oct. 25.

https://about.bgov.com/news/adelson-thiel-among-givers-to-gop-group-forced-to-reveal-donors/

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