China Flooding Congress With Dark Money

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Read more here: https://theintercept.com/2018/02/15/chinese-state-owned-chemical-firm-jo...

"WANHUA CHEMICAL, A $10 billion chemical company controlled by the Chinese government, now has an avenue to influence American elections.

On Monday, Wanhua joined the American Chemistry Council, a lobby organization for chemical manufacturers that is unusually aggressive in intervening in U.S. politics.

The ACC is a prominent recipient of so-called dark money — that is, unlimited amounts of cash from corporations or individuals the origins of which are only disclosed to the IRS, not the public. During the 2012, 2014, and 2016 election cycles, the ACC took this dark money and spent over $40 million of it on contributions to super PACs, lobbying, and direct expenditures. (Additional money flowed directly to candidates via the ACC’s political action committee.)”*

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