Federal Mortgage Home loan Corporation (Freddie Mac) Will pay Biggest Okay when you look at the FEC Records

Federal Mortgage Home loan Corporation (Freddie Mac) Will pay Biggest Okay when you look at the FEC Records

8 mil municipal punishment to settle accusations that it violated the newest Government Election Promotion Work (“brand new Work”) and you will FEC rules, and this exclude corporations from and make otherwise assisting benefits. Brand new $step three.8 billion civil penalty is the prominent municipal punishment actually gotten of the Commission inside the a municipal administration step.

“The results inside number again shows the fresh new FEC””s partnership to energetic administration out-of promotion financing laws” told you FEC Vice-chairman Robert Lenhard. Read more