However in the summertime of 2020, every time a blandly named entity called the Impetus Fund received a $sixty four million donation from just one anonymous supply, it touched off a guessing activity with broad political implications.

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In 2002, Congress passed the McCain-Feingold Act which attempted to shut These loopholes.  But a brief 8 a long time later, a series of Supreme Court docket rulings struck down shelling out limits on firms and unions, check here radically altering the marketing campaign finance landscape.

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It stays a $sixty four million secret — and whilst authorized, It can be one which critics say underscores what is actually Incorrect with present day campaign finance process.

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Torrents of so-termed darkish dollars started flowing and a whole ecosystem of opaque teams started forming to raise and distribute that cash. One of those entities was the Impetus Fund.

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Knowingly or not, the court ushered from the period on the super PAC and, with it, a proliferation of other nonprofit businesses which were not necessary to reveal their donations under U.S. tax legislation.