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Home » Store » Taxable » Freddie Mac’s $3.8 Million Settlement With FEC Illustrates Efforts to Influence Friends on Capitol Hill

Freddie Mac’s $3.8 Million Settlement With FEC Illustrates Efforts to Influence Friends on Capitol Hill

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Freddie Mac this week agreed to pay a record $3.8 million to settle charges that the government-sponsored enterprise illegally used corporate resources to host campaign fundraising events and collect political contributions. The settlement with the Federal Election Commission provides extensive details about the activities of two former Freddie Mac lobbyists, Mitch Delk and Clarke Camper, as well as the involvement of former Chairman and CEO Leland Brendsel. The GSE neither admitted nor denied the allegations,…
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