Dems Harness Political “Dark Money” to Launch Ad Blitz Amplifying House Majority Agendas

Strategists of the Democratic Party led by Robby Mook, president of the House Majority Political Action Committee (PAC), quietly formed a non-profit organization in March of this year. The main purpose of which is to broadcast actions taken and undertaken by the House Democrats. The new organization called House Majority Forward will serve as an affiliate of the House Majority PAC.

Through publicity launched by way of TV and digital advertisements, House Majority Forward will disseminate to the American public, information about important progressive legislations accomplished by House Democrats; and of how they were held up by the Republican-controlled Senate led by Senate President Mitch McConnell.

According to documents gathered by political news website POLITICO, the new nonprofit group is registered with the state regulators of North Carolina as a 501(c)(4) organization. Its aim is to raise $20 million this year, of which half ($10 million), will be used to run advertising blitz promulgating House Democrat agenda; with particular focus on White House investigations and resolutions put forward by a group of outspoken freshmen.

Inaugural TV and Digital Ad to Rollout on August 08, 2019

The House Majority Forward’s first ad features a female working out in a darkened gym. She pummels a punching bag while a narrator goes through the motion of ticking House Bills embodying resolutions that Include a proposal to

The narrator continues by saying

“The new Democratic majority in the House of Representatives is proving they are up to the challenge.” “But Mitch McConnell has blocked every one of these important bills from getting a vote in the Senate.”

As a 501(c)(4) non-profit organization, this new House Majority Forward group is one of such organizations allowed to receive funds known in the political arena. as “dark money”

Democratic Strategists Decide to Harness “Dark Money”

Although one of the resolutions filed by House Democrats is the move to curtail secret or dark money coming in for political purposes, proponents of the House Majority Forward say they have no issues in using “dark money” to support House legislators proposing to move dark money out of the political arena.

What is Dark Money?

Dark Money is money donated for political spending but without requiring the recipient organization to disclose the name of the donor who contributed the funds. Basically, this applies to 501(c)(4) nonprofit organizations, but not to political nonprofits like the traditional Political Action Committees (PACs) organized by political parties.

However, PACs are also open to receiving “dark money” since they are allowed to receive contributions coming from shell corporations and other political parties that mask their true owners or organizers. That is why House Democrats have introduced a bill proposing ‘dark money’ restrictions.

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Improve Fintech Regulations To Ensure National Security In The United States

Fintech, a portmanteau of financial and technology, is made use of to characterize new technology that aims to enhance as well as to automate the conveyance and usage of financial services. Fintech is essentially used to aid business proprietors, companies, and consumers manage their financial procedures, operations, and their lives better and efficiently by making use of specific software and algorithms applied on computers as well as smartphones.

In the 21st century when the term fintech surfaced, it was at first utilized in the back-end systems of financial institutions that were already established. Today, fintech ropes in various industries and sectors like online lending such as https://www.xn--forbruksln-95a.com, education, management of investment as well as fundraising.

Heighten Fintech Regulations To Ensure National Security 

Fintech has quickly turned into an imperative aspect of the industry of finance, from systems of mobile payment to digital currencies. This however signifies a new zone of susceptibility in terms of national security for the United States as well. For now, the United States is a frontrunner in investment and development in fintech, however other nations are speedily pulling alongside in major areas. Whether the quick development of fintech is ultimately an advantage for the United States will principally depend on the policy choices of the U.S. Therefore, the legislators of the United States must act to heighten the regulations on fintech as well as to bring together a strategy so as to make certain that this type of tech remains to be an asset or strong suit, instead of a vulnerability and liability. As these techs carry on to progress, the government need to pull alongside or get ahead.

In recent years, there has been an immense growth in investment in fintech. As per KPMG, fintech had an approximated investment of more than $111 billion worldwide in 2018. The use of fintech is now mainstream wherein an array of products of fintech are extensively utilized, from platforms of P2P lending to insurance as well as investment products that are app-based.

Confusing Regulations Retard Fintech Development

With the many advantage of fintech, it brings about numerous risks as well. But even with these risks, the U.S. is yet a frontrunner in the advancement of fintech and, together with the proper regulations and policies, could reduce these vulnerabilities. The U.S. must first require to have a clear way to the regulation of fintech. Because of the broad span of federal agencies as well as states in the U.S. who are part of the financial regulation, numerous companies of fintech, which are small, could get confused easily. Regulations that are in disarray and confusing that retard the development of fintech also cause more struggle and inconvenience for companies in the U.S. to vie with fintech companies in China. Refining those regulations as well as enhancing coordination among agencies will make certain that fintech companies recognize America as the best location to develop and advance their techs, while bounded by the regulations of the U.S.

The White House has a part, as the National Security Council as well as National Economic Council must work up a general approach for national security for fintech. It can assess the steps taken by the rivals of the U.S. to weaken and shift the worldwide financial system, as well as to delve into how these improvements in fintech may possibly allow those growths or rework the economic leverage of the U.S. It could plan for steps that the U.S. can do to uphold and sustain an edge in technology as well as develop the industry of fintech in the U.S. as well.

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Puzzled why You’re Declined with Personal Loans? Have it Overturned!

Have you applied for a Zebra loan or any other kind of personal loan before and unfortunately, been declined? It was never a nice feeling particularly when you badly need money. However, this is inevitable and it does happen. In an effort to help you be in control of this situation, it is essential to understand why you’re denied and what you can do to have higher approval.

One thing that you should know is that, errors in credit reporting are very common and it could significantly impact your score. In return, lowers your ability to get loan approval. Some errors may include outdated information or having same debt listed several times which create a duplicate.

Are all Information Correct?

The incorrect record of amount of credit inquiries listed on file and the adverse notices can bring down your credit score. So, if inaccurate information is the reason why your personal loan is denied, your lender will likely send you adverse notice informing of the probable reasons of the denial of the loan. The accuracy of such information is vital so it is wise to grab a copy of the credit report. Once done, get it amended ASAP if you think that there’s incorrect data.

Despite the fact that personal loans could be a smart move of consolidating existing debts, loan application may still not push through if the overall amount of your debt is too large. Lenders are going to look at how much of your income is going towards the debt or otherwise known as debt to income ratio. They do this in reviewing your application.

Therefore, pay off any balance before filing an application for new loan to help secure an approval.

Proof of a Permanent Job

For a great number of people, the primary source of income is their employment. In relation to this matter, to pay for the loan monthly, it is necessary among lenders to see that you do have stable stream of income. If you have been jumping from one job to the other every couple of months and can’t prove that you have regular income, there is a big chance that you’ll be declined for your loan application.

Keep in mind, these lending institutions are still businesses. Even though they wanted to help you keep up with your life, they have a business to protect, and uses these factors to ensure that you’re not a risk to their personal investment.

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