SMRs and AMRs

Saturday, September 20, 2008

McCain’s Camp Tests Fund-Raising Limits

By MICHAEL LUO
NYT

Senator John McCain toiled for years to push a campaign finance overhaul through Congress. After the measure finally passed, Trevor Potter, a lawyer and vigorous advocate for reforming the system, was instrumental in defending the law from challenges and pressing for strict enforcement.

Now, as Mr. McCain makes his final sprint for the White House, Mr. Potter is again helping Mr. McCain, but this time by maneuvering to wring the maximum out of campaign finance laws in ways that some contend are at odds with the spirit of the reforms they championed.

The tactics appear to be legally permissible. And some argue that the McCain campaign is simply doing what is necessary in the face of the record fund-raising by his Democratic rival for president, Senator Barack Obama, and Mr. Obama’s decision to bypass public financing and its attendant spending limits.

But critics point out Mr. McCain is capitalizing on legal loopholes that a watchdog organization headed by Mr. Potter has fought against.

“There are very, very few lawyers in the country that are better at exploiting campaign finance loopholes than Trevor Potter,” said Bradley A. Smith, a former Republican chairman of the Federal Election Commission. “Of course, that’s one of the odd things about the McCain campaign: ‘Here’s the rules we want, but we’ll play by the rules that are here.’ ”

(Continued here.)

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