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[quote=Anonymous]MARTIN: So the campaign said it had $240 million on hand at the start of this month. You recently posted on X, formally Twitter, and I'm quoting - you were quoting from the regulations here. You said, if the candidate is not a candidate in the general election, all contributions made for the general election shall be either returned or refunded to the contributors or redesignated or reattributed as appropriate. So what does that mean? Can Harris use that money?

COOKSEY: Well, I think it's really complicated, is the short answer. I mean, we take a step back to consider the situation - this is really unprecedented in terms of modern political history, and certainly in terms of campaign finance law. We have a presidential nominee or a presumptive nominee dropping out just weeks before his party convention. And he's - what he's attempting to do is to give his entire committee, the cash and all the assets...

MARTIN: Yeah.

COOKSEY: ...Over to another person.

MARTIN: We get that. So can she use that money?

COOKSEY: Well, again, I think it's going to have to go through a process through the FEC. I think I expect there's going to be probably challenges to that at the agency and probably in the courts, as well.

MARTIN: So your colleague, the Democratic vice chair of the FEC, Ellen Weintraub, told us yesterday that candidates running for president and vice president share a campaign committee. Kamala Harris has always been listed as a candidate on this committee. Now, Weintraub didn't draw any conclusion from that, but, I mean, a lot of people are interpreting that to say that she has a legitimate claim to those funds.

COOKSEY: Yeah, I think some lawyers have reached that conclusion. I think other election law experts have actually reached the opposite conclusion in publications like The Wall Street Journal. And so I think everyone would agree, though, that this is completely unprecedented, and it raises a lot of novel questions.

https://nypost.com/2024/07/22/us-news/fec-chair-predicts-legal-challenges-if-kamala-harris-tries-to-access-bidens-war-chest/[/quote]

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