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April 8, 2020 Senator Lindsey Graham Chairman, Senate Judiciary Committee 224 Dirksen Senate Office Building Washington, DC 20510 Congressman Jerrold Nadler Chairman, House Judiciary Committee 2138 Rayburn House Office Building Washington, D.C. 20515 Re: Dear Chairmen Graham and Nadler, itizens United letter to FEC concerning “Bloomberg Loophole” I would like to bring to your attention the attached letter entitled “Petition for Rulemaking to Close the Bloomberg Loophole on Transfers to National Political Party Committees” that Citizens United sent to the Federal Election Commission (“FEC”) on April 8, 2020. This petition for rulemaking is focused on former presidential candidate Michael Bloomberg’s recent transfer of $18 million dollars from his presidential campaign committee to the Democratic National Committee (“DNC”). It’s our view that questionable transfers like this one could become a dangerous trend unless immediate action is taken by the FEC. As the attached letter states, nothing in the current regulatory regime exists to prevent other wealthy individuals from becoming candidates for federal office for the purpose of following the same path as Mayor Bloomberg. This $18 million transfer - which is an amount more than 500 times greater than Mayor Bloomberg could contribute to the DNC directly - amounts to the purchase of a national party committee by a billionaire. The silence from anti-First Amendment Democrats and the left is deafening. If this transfer were made to the Republican National Committee by an individual such as Charles Koch or Sheldon Adelson, the outrage from the left would have created a mainstream media fire storm that Republican billionaires are buying our 1006 Pennsylvania Avenue, S.B. + Washington, D.C. 20003 ‘Tel (202) 547-5420 + Fax (2 21 + wwweitizensunited org Contrib United arent tax deductible Republic. Where are the cries from Democrats about billionaires and deep pocket books drowning out the voices of every day Americans and thus destroying democracy? Hypocrisy notwithstanding, appropriate action must be taken. Congressional hearings into the transfer of funds in question and hearing directly from Mayor Bloomberg is essential to shining a light on this troubling matter and creating a remedy. If you have any questions, feel free to call me at (202) 547-5420. Sincerely, Dan N. Bowe. David N. Bossie President Ce: Senator Dianne Feinstein Ranking Member, Senate Judiciary Committee Congressman Jim Jordan Ranking Member, House Judiciary Committee