GRIMM INDICTMENT. CNN. “U.S. Rep. Michael Grimm failed to report more than $1 million in sales and wages at a Manhattan restaurant he once ran, using unreported cash to pay workers ‘off the books’ to ‘evade taxes and keep more money for himself,’ a federal prosecutor said.”
DISCLOSE ACT CHALLENGE. ABC. “The House Budget Committee’s top democrat picked a political fight with Sen. Minority Leader Mitch McConnell over campaign finance reforms during a speech Monday.”
LERNER LAWYER SEEKS HOUSE ADDRESS. ABC. “The lawyer for a former Internal Revenue Service official at the heart of the agency’s tea party controversy asked Monday to address the House ahead of a vote to hold his client in contempt of Congress.”
SENATE HEARING. The agenda for tomorrow’s hearing is online here.
ACCEPTING BITCOINS. Cryptocoins News. “The official decision from the FEC is expected in the coming weeks; in the meantime, donors can in fact use Bitcoin for contributions. Many Bitcoiners from across the country have been doing so for years now, in support of various candidates running for various positions that have reached out to the Bitcoin community.”
MCCUTCHEON UPDATES. K&L Gates. “The entire 192-page Guide to Political and Lobbying Activities has been updated to reflect the McCutcheon decision.”
MCCUTCHEON IMPACT. AZ Capitol Times. “The questions raised by the court’s decision will undoubtedly affect judicial and legislative decisions in the coming years. The most direct impact of the decision will be on aggregate contribution limits in several states.”
LEVY ON CAMPAIGN FINANCE. Appeal-Democrat. “Misuse of a government office — such as awarding federal contracts as quid pro quo for donations — and payoffs secretly contributed to a candidate, then spent on personal pleasures like a new car, are plainly illegal. But when a candidate discloses a donation and puts the money in a segregated fund that can be used only for constitutionally favored political expression, that’s not corruption; it’s free speech.”
CA: FPPC FINE. Fox40. “Investigators say that Berryhill of Twain Harte hit a one-source contribution limit before the November elections in 2008 and shifted cash into his brother’s account to get around the rules.”
HAVE A GREAT DAY.