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Front Page Magazine and the David Horowitz Freedom Center have been following the impact of Hansjorg Wyss, a Swiss citizen and a leftist megadonor, on American politics for quite a while. Earlier this year we tracked his reach even to West Virginia.
While foreigners can’t directly donate to candidates, they can donate to 501(c)(4)s and considering the impact that they have on elections, that amounts to much the same thing.
Now some members of Congress are talking about closing the foreign C4 loophole.
Rep. Bryan Steil (R-Wis.) chair of the House Administration Committee, is introducing legislation to ban such groups from contributing to political committees for four years if they accept foreign donations. He also wants to bar foreign nationals from giving to state ballot initiatives…