A Super-PAC that backed Jeb Bush in 2016 has been ordered to pay $390,000 for accepting the donation from American Pacific International Capital (APIC), which is owned by Chinese nationals.
The Federal Election Commission has slapped a super-PAC that backed Jeb Bush for president with one of the biggest fines in its history for accepting a $1.3 million donation from a Chinese-owned company.
Scenes from the Federal Election Commission headquarters located at 1050 First St. NE Friday Sept. 21, 2018. Sarah Silbiger/CQ Roll Call/Getty Images Monday’s fine is the largest issued since the 2010 Citizens United Supreme Court ruling, which determined that the Constitution's free speech clause prohibits the government from restricting spending on “electioneering communication.”
APIC has been ordered to pay $550,000, bringing the total in fines up to $940,000, the third largest in FEC history. The company is headquartered in San Francisco, according to its website, and also owns luxury hotels in China.
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