Posts Tagged ‘Neil Reiff’

SRYL News Round-Up McCutcheon Edition

Posted on April 4th, 2014

Sandler Reiff Young & Lamb has been one of the go-to sources over the past few days as journalists have reported and analyzed the Supreme Court’s decision in McCutcheon v. FEC. Below are just some of the stories where attorneys at SRYL have provided their expertise:

  • David Mitrani told the Center for Public Integrity that since the Supreme Court ruled that aggregate contribution limits are unconsititutional, it is unlikely that similar aggregate limits in twelve states and the District of Columbia will continue to stand.
  • David Mitrani gave a similar statement to WAMU.
  • David Mitrani also helped Mother Jones break down the aforementioned aggregate limits at the state level.
  • Neil Reiff told Campaigns and Elections that party committees are one of the big winners in the aftermath of McCutcheon: “If an individual wants to triple max each year to the three national committees, that is $194,400 for the two-year cycle, way more than the aggregate limit.”
  • Neil Reiff reminded Bloomberg that while someone could theoretically create a “Super-Joint Fundraising Committee,” in order to write one check that is distributed among dozens of candidates, they could likely still get more bang for their buck by contributing to a Super PAC.
  • Late yesterday, David Mitrani told Reuters that campaign officials in Maryland and Massachusetts had already stopped enforcing aggregate contribution limits, a little more than 24-hours after the McCutcheon decision was handed down.
  • Finally, Neil Reiff told the Wall Street Journal that while Democratic lawmakers generally prefer more restrictions on money in elections, party strategists will welcome the loss of federal aggregate contribution limits.

Neil Reiff Quoted by Wall Street Journal

Posted on April 4th, 2014

Neil Reiff was quoted in a story today in the Wall Street Journal about the effects that the Supreme Court’s ruling in McCutcheon v. FEC might have on future court challenges to campaign finance laws. While the Court left in place limits on contributions to individual candidates and committees, the Court did not offer a robust endorsement of said limits.

Mr. Reiff pointed out that further loosening of campaign finance restrictions could create a catch-22 for Democrats. On one hand, fewer restrictions would allow Democrats to raise more money. On the other hand, Democrats generally favor tighter restrictions on money in elections.

Mr. Reiff told the Journal “There is always that tension.”

To read, the full article, click here.

Neil Reiff Quoted by Bloomberg

Posted on April 3rd, 2014

Neil Reiff was quoted today in a story in Bloomberg on the effect that the Supreme Court’s decision in McCutcheon v. FEC will have on campaign fundraising in the coming months and years. With aggregate contribution limit declared unconstitutional, it is possible that super-Joint Fundraising Committees  could come into existence that support dozens of candidates. With a super-JFC, an individual could write one massive check that would then be distributed among many candidates.

However, Mr. Reiff tampered expectations of such a rise:

Whether the McCutcheon ruling will lead to “a groundswell of money in the system, I don’t know,” Neil Reiff, a Democratic campaign-finance lawyer with Sandler, Reiff, Young & Lamb, said in an interview. Writing a big check to a super-JFC is “still not as efficient as writing a check to a super-PAC, so I can’t necessarily compare this to the revolution of super-PACs in Citizens United. But obviously it’s something,” Reiff said.

To read the full article, click here.

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