Thomas wrote:I don't see where this letter says McCain violated campaign finance law. I only see it asking his campaign for clarifications.
McCain unilaterally decided to opt out of the Public financing for the Primary. He was never given permission to do so by the FEC.
At the heart of the matter is the fact that McCain used his status in the Public financing program to secure a 3 million dollar loan, with the public financing as collateral. In the PDF, it states:
Quote:The Commission stated that it would withdraw a candidate's certification upon request, thus agreeing to rescind the contract, so long as the candidate: 1) has not received Matching Payment Program funds, and 2) had not pledged the certification of Matching Payment Program funds as "security for private financing."
The latter is exactly what McCain did; securing the loan in part with a promise to repay from the Public Financing system. This is the entire reason of the letter.
Also, the chair of the FEC has claimed that it does not have enough members on the board to constitute a quorum, and therefore cannot legally release McCain from the system even if they wanted to.
Cycloptichorn