1 00:00:00,160 --> 00:00:04,440 Speaker 1: This is Bloomberg Law with June Grosso from Bloomberg Radio. 2 00:00:04,800 --> 00:00:07,760 Speaker 1: This month is the tenth anniversary of the Citizens United. 3 00:00:08,160 --> 00:00:11,320 Speaker 1: This month is the tenth anniversary of the Citizens United decision, 4 00:00:11,760 --> 00:00:14,680 Speaker 1: a decision that is as controversial today as when a 5 00:00:14,760 --> 00:00:18,279 Speaker 1: Supreme Court handed it down. The court held that corporations 6 00:00:18,280 --> 00:00:21,159 Speaker 1: have a First Amendment right to spend money independently to 7 00:00:21,239 --> 00:00:24,959 Speaker 1: support or oppose candidates for office. My guest is Professor 8 00:00:25,040 --> 00:00:28,520 Speaker 1: Rick Hassan of the University of California Irvine School of Law. 9 00:00:29,040 --> 00:00:32,240 Speaker 1: So Rick, remind us about the ruling in Citizens United. 10 00:00:32,680 --> 00:00:36,040 Speaker 1: Sure Well. Citizens United was a case that addressed the 11 00:00:36,159 --> 00:00:41,720 Speaker 1: question whether corporations, whether business corporations or nonprofit corporations, could 12 00:00:41,760 --> 00:00:46,839 Speaker 1: spend sums independently to support or oppose candidates for federal office. So, 13 00:00:46,880 --> 00:00:49,600 Speaker 1: if you're General Motors or Google and you want to 14 00:00:49,680 --> 00:00:52,400 Speaker 1: run an ad saying vote for Hillary Clinton or vote 15 00:00:52,440 --> 00:00:54,480 Speaker 1: for Donald Trump, it used to be illegal to be 16 00:00:54,520 --> 00:00:57,520 Speaker 1: able to do that under federal law, and the Supreme 17 00:00:57,520 --> 00:01:00,560 Speaker 1: Court in Citi Dinas said that such a law violates 18 00:01:00,600 --> 00:01:03,240 Speaker 1: the First Amendment. How did the Court come to the 19 00:01:03,240 --> 00:01:07,080 Speaker 1: conclusion that corporations have a First Amendment right in some 20 00:01:07,160 --> 00:01:11,520 Speaker 1: earlier cases, the Supreme Court suggested that corporations are artificial entities. 21 00:01:11,520 --> 00:01:14,880 Speaker 1: They don't have necessarily the same rights. What the Supreme Court, 22 00:01:15,000 --> 00:01:17,840 Speaker 1: and in an opinion by Justice Kennedy, said, was that 23 00:01:17,920 --> 00:01:21,399 Speaker 1: corporations are really associations of individuals. Uh. You know, there 24 00:01:21,400 --> 00:01:24,800 Speaker 1: are the the managers and the shareholders, and they might 25 00:01:24,840 --> 00:01:27,559 Speaker 1: decide to speak together, you know, kind of the court 26 00:01:27,560 --> 00:01:30,440 Speaker 1: analogize them to kind of a group of people who 27 00:01:30,560 --> 00:01:32,920 Speaker 1: might have an opinion and that they might pull their 28 00:01:33,160 --> 00:01:36,479 Speaker 1: resources together. Others, you know, in the centers, such as 29 00:01:36,520 --> 00:01:39,280 Speaker 1: Justice Stevens, rejected that and said that corporations don't have 30 00:01:39,280 --> 00:01:41,679 Speaker 1: a soul, They're not like regular people, and they should 31 00:01:41,680 --> 00:01:45,240 Speaker 1: not have exactly the same First Amendment rights as individuals. 32 00:01:45,240 --> 00:01:50,560 Speaker 1: So you right that Citizens United actually changed the way 33 00:01:50,600 --> 00:01:53,960 Speaker 1: money influences politics, but not in the way it was 34 00:01:54,000 --> 00:01:57,960 Speaker 1: expected to explain what it's done. Sure, so some people 35 00:01:58,000 --> 00:02:01,080 Speaker 1: thought that CITs and I would lead corporations to be 36 00:02:01,160 --> 00:02:05,040 Speaker 1: spending lots of money directly in elections. That has not happened, 37 00:02:05,280 --> 00:02:08,359 Speaker 1: in part because we have disclosure laws, and so we've 38 00:02:08,400 --> 00:02:12,200 Speaker 1: had some companies, like we had a situation with the 39 00:02:12,240 --> 00:02:16,000 Speaker 1: company Target that spent money supporting a candidate for office, 40 00:02:16,000 --> 00:02:18,320 Speaker 1: and then people started protesting against that. You know, you 41 00:02:18,360 --> 00:02:21,839 Speaker 1: don't want to alienate your customers, and so when corporations 42 00:02:21,840 --> 00:02:25,160 Speaker 1: spend money, they tend to put it through different organizations 43 00:02:25,160 --> 00:02:28,000 Speaker 1: like trade associations, like the Chamber of Commerce or something 44 00:02:28,080 --> 00:02:31,080 Speaker 1: like that, so that change was not really dramatic in 45 00:02:31,160 --> 00:02:34,239 Speaker 1: terms of corporate spending. Was much more dramatic were follow 46 00:02:34,320 --> 00:02:37,000 Speaker 1: on decisions of the courts and the Federal Election Commission 47 00:02:37,520 --> 00:02:40,480 Speaker 1: which led to the creation of super packs. These are 48 00:02:41,120 --> 00:02:44,760 Speaker 1: groups that pool money from individuals and corporations, unions and 49 00:02:44,800 --> 00:02:47,920 Speaker 1: spend money in elections, and it's gotten fairly dramatic in 50 00:02:48,000 --> 00:02:51,320 Speaker 1: terms of how much money individuals and others are willing 51 00:02:51,360 --> 00:02:55,080 Speaker 1: to spend. So, for example, in two thousand ten, the 52 00:02:55,200 --> 00:02:59,840 Speaker 1: largest contributors to packs and other groups were Robert and 53 00:03:00,080 --> 00:03:02,760 Speaker 1: Doylene Perry of Perry Holmes, who donated about seven and 54 00:03:02,800 --> 00:03:06,360 Speaker 1: a half million dollars to support candidates in The largest 55 00:03:06,360 --> 00:03:09,680 Speaker 1: contributors were Sheldon Addelson and his wife Miriam, who contributed 56 00:03:09,720 --> 00:03:12,200 Speaker 1: a hundred and twenty two millions, so a sixteen fold 57 00:03:12,280 --> 00:03:16,560 Speaker 1: increase in the kinds of big spending in elections, mostly 58 00:03:16,600 --> 00:03:19,440 Speaker 1: by individuals, but also by corporations and not their entities. 59 00:03:19,880 --> 00:03:25,280 Speaker 1: Now can corporations hide contributions in certain ways. So now 60 00:03:25,360 --> 00:03:28,400 Speaker 1: that we have these so called superpacks, these are political 61 00:03:28,440 --> 00:03:31,520 Speaker 1: organizations that don't contribute directly to candidates, but can take 62 00:03:31,880 --> 00:03:35,640 Speaker 1: contributions from others, what we've seen is the creation of 63 00:03:35,720 --> 00:03:40,240 Speaker 1: different kinds of entities. Corporation might create an entity like 64 00:03:40,280 --> 00:03:44,200 Speaker 1: an LLC, give money to the LLC, and that LLC 65 00:03:44,440 --> 00:03:47,080 Speaker 1: then gives money to the superpack, and so there are 66 00:03:47,120 --> 00:03:49,400 Speaker 1: ways to try to launch your identity. It's it's a 67 00:03:49,400 --> 00:03:51,960 Speaker 1: little tricky, but if you hire a good election lawyer, 68 00:03:52,280 --> 00:03:54,640 Speaker 1: it's possible to hide your identity at least for a 69 00:03:54,680 --> 00:03:57,640 Speaker 1: time when you're doing this. Plus, the some of these 70 00:03:57,920 --> 00:04:01,720 Speaker 1: associations that are involved in spending money, such as five 71 00:04:01,840 --> 00:04:05,440 Speaker 1: Months four organizations which are social welfare organizations and see 72 00:04:05,480 --> 00:04:08,160 Speaker 1: six is like the Chamber of Commerce. They can take 73 00:04:08,320 --> 00:04:12,320 Speaker 1: campaign uh money from corporations and they by law do 74 00:04:12,400 --> 00:04:14,840 Speaker 1: not have to disclose their donors. So there are ways 75 00:04:14,920 --> 00:04:18,119 Speaker 1: that corporations and others can hide their identities and still 76 00:04:18,160 --> 00:04:21,200 Speaker 1: try to influence the outcome of elections. What did Citizens 77 00:04:21,279 --> 00:04:25,279 Speaker 1: United rule about disclosures? One of the other holdings of 78 00:04:25,320 --> 00:04:28,880 Speaker 1: Citizens United, which gets much less attention, was the Supreme Court, 79 00:04:28,920 --> 00:04:32,799 Speaker 1: on an eight to one vote upheld pretty stringent disclosure 80 00:04:32,880 --> 00:04:35,560 Speaker 1: rules and said that there's not a constitutional problem with that. 81 00:04:35,720 --> 00:04:38,640 Speaker 1: The reason we don't have good disclosure today on the 82 00:04:38,640 --> 00:04:41,720 Speaker 1: federal level is not because the Supreme Court is blocked it, 83 00:04:41,760 --> 00:04:46,000 Speaker 1: but because entrepreneurs and lawyers have found ways around the 84 00:04:46,040 --> 00:04:49,719 Speaker 1: disclosure rules and Congress has not come in and fix 85 00:04:49,800 --> 00:04:52,480 Speaker 1: those rules, and now a partisan divide over whether we 86 00:04:52,480 --> 00:04:56,080 Speaker 1: should have stronger disclosure rules, and so it's a political problem. 87 00:04:56,120 --> 00:04:59,160 Speaker 1: I should point out though, that since the Supreme Court's 88 00:04:59,200 --> 00:05:02,320 Speaker 1: decisions is in United some of the newer conservative justices 89 00:05:02,880 --> 00:05:06,120 Speaker 1: might side with Justice Thomas, who was the one dissenter 90 00:05:06,360 --> 00:05:09,160 Speaker 1: in the Citizens United case who said that there is 91 00:05:09,200 --> 00:05:11,880 Speaker 1: a right to anonymous speech. He was on the opposite 92 00:05:11,920 --> 00:05:14,520 Speaker 1: side of the issue from Justice Scalia, a fellow Conservative, 93 00:05:14,520 --> 00:05:16,920 Speaker 1: who believed that there is no right in the First 94 00:05:16,960 --> 00:05:19,760 Speaker 1: Amendment to anonymous speech, at least in this context. And 95 00:05:19,839 --> 00:05:22,680 Speaker 1: so things might change at the course, but as of now, 96 00:05:23,000 --> 00:05:26,200 Speaker 1: Congress could make our disclosure laws much better if it 97 00:05:26,279 --> 00:05:29,440 Speaker 1: decided to act. I've been talking about the tenth anniversary 98 00:05:29,520 --> 00:05:32,520 Speaker 1: of the Citizens United case and how it changed politics 99 00:05:32,560 --> 00:05:35,800 Speaker 1: in America. With Professor Rick Hasson of the University of 100 00:05:35,839 --> 00:05:39,480 Speaker 1: California Irvine School of Law, I think most of us 101 00:05:39,560 --> 00:05:43,680 Speaker 1: remember that moment in two when President Barack Obama was 102 00:05:43,800 --> 00:05:47,760 Speaker 1: giving his State of the Union speech and he criticized 103 00:05:47,839 --> 00:05:52,320 Speaker 1: Citizens United saying it could theoretically permit foreign nations to 104 00:05:52,360 --> 00:05:55,719 Speaker 1: try to influence the outcome of US elections. And we 105 00:05:55,760 --> 00:05:58,760 Speaker 1: remember that Justice Alito was shaking his head. No at 106 00:05:58,800 --> 00:06:01,880 Speaker 1: that point, has that come to path. Well, it's interesting 107 00:06:01,880 --> 00:06:05,560 Speaker 1: because when Alito said it was not true. The reason 108 00:06:05,560 --> 00:06:08,880 Speaker 1: it's not true is because in the Citizens Unity opinion itself, 109 00:06:08,920 --> 00:06:11,760 Speaker 1: there's a statement saying we're not addressing the question whether 110 00:06:11,880 --> 00:06:15,400 Speaker 1: you can ban foreign spending and foreign contributions and elections. 111 00:06:15,960 --> 00:06:18,480 Speaker 1: And in fact, it was a few years later an 112 00:06:18,520 --> 00:06:21,800 Speaker 1: opinion by then Judge now Justice Kavanaugh a lower court 113 00:06:21,839 --> 00:06:24,479 Speaker 1: said that the federal ban on foreign money in elections 114 00:06:24,600 --> 00:06:28,120 Speaker 1: is constitutional, and the Supreme Court affirmed that decision without 115 00:06:28,200 --> 00:06:31,280 Speaker 1: issuing an opinion. And yet what we've seen now is 116 00:06:31,320 --> 00:06:34,960 Speaker 1: that it's become through these superpacks, it's become much easier 117 00:06:35,240 --> 00:06:38,039 Speaker 1: for foreign money to come into elections. One of the 118 00:06:38,080 --> 00:06:41,599 Speaker 1: things we saw with the to Giuliani associates Parnissan Freeman 119 00:06:41,960 --> 00:06:44,839 Speaker 1: is that they funneled three hundred thousand dollars from a 120 00:06:44,960 --> 00:06:49,200 Speaker 1: Ukrainian oligarch into a pro Trump superpack. Uh. And this 121 00:06:49,360 --> 00:06:52,920 Speaker 1: was in part possible because of our inadequate disclosure laws 122 00:06:53,000 --> 00:06:54,960 Speaker 1: and the fact that people now can give so much 123 00:06:55,040 --> 00:06:58,120 Speaker 1: money to these different entities like superpack. In addition to 124 00:06:58,440 --> 00:07:02,960 Speaker 1: partisan Freman giving money to the pro Trump superpack, we 125 00:07:03,040 --> 00:07:05,920 Speaker 1: had a recent indictment coming out of the U. S. 126 00:07:05,920 --> 00:07:10,200 Speaker 1: Attorney's Office in Los Angeles of people who gave over 127 00:07:10,480 --> 00:07:13,960 Speaker 1: three and a half million dollars to both Democrats and Republicans, 128 00:07:13,960 --> 00:07:16,920 Speaker 1: starting with a million dollars to Priorities USA, which is 129 00:07:16,920 --> 00:07:19,840 Speaker 1: one of the main Democratic superpacks. So we're seeing foreign 130 00:07:19,840 --> 00:07:24,880 Speaker 1: money illegally coming into elections being laundered through these various 131 00:07:24,960 --> 00:07:27,800 Speaker 1: entities in a way that was not possible before Citizens 132 00:07:27,840 --> 00:07:30,960 Speaker 1: United started us down the road. That brings up another point. 133 00:07:31,320 --> 00:07:36,720 Speaker 1: Did Citizens United benefit Democrats more than Republicans? Are Republicans 134 00:07:36,760 --> 00:07:41,280 Speaker 1: more than Democrats or too hard to tell? Well, it's interesting, uh, 135 00:07:41,280 --> 00:07:43,560 Speaker 1: And you know, it's still kind of early because every 136 00:07:43,600 --> 00:07:47,400 Speaker 1: election cycle tends to be different, and also in the 137 00:07:47,480 --> 00:07:50,840 Speaker 1: decades since Citizens United We've had this technological revolution where 138 00:07:50,840 --> 00:07:53,240 Speaker 1: it's become so much cheaper to raise money over the 139 00:07:53,280 --> 00:07:55,400 Speaker 1: Internet and small dollars. It used to be gon have 140 00:07:55,480 --> 00:07:58,360 Speaker 1: to send mailings that were very expensive. Certainly, if you 141 00:07:58,400 --> 00:08:01,840 Speaker 1: look at the amount of money that is contributed by 142 00:08:01,880 --> 00:08:06,920 Speaker 1: mega donors, we see both Republican and Democratic support. So 143 00:08:07,440 --> 00:08:12,320 Speaker 1: there's Michael Bloomberg, there's Tom Steyer right, both now running 144 00:08:12,320 --> 00:08:15,880 Speaker 1: for president, both giving in the tens of millions of 145 00:08:15,880 --> 00:08:19,800 Speaker 1: dollars in elections. And of course Sheldon Addilson and his wife, 146 00:08:20,320 --> 00:08:24,640 Speaker 1: as I had said, gave something like a million dollars 147 00:08:24,640 --> 00:08:28,200 Speaker 1: in eighteen, which is a mid term election. So I 148 00:08:28,240 --> 00:08:32,559 Speaker 1: think generally speaking, the interests of the wealthy are overrepresented 149 00:08:32,600 --> 00:08:35,240 Speaker 1: in our campaign finance system. But sometimes that means giving 150 00:08:35,240 --> 00:08:38,720 Speaker 1: money to Democrats rather than to Republicans. Also, we've seen 151 00:08:39,160 --> 00:08:43,360 Speaker 1: undisclosed money money so called dark money. Uh in the 152 00:08:43,440 --> 00:08:47,240 Speaker 1: last election, we saw more Democratic undisclosed money than Republican 153 00:08:47,559 --> 00:08:51,640 Speaker 1: undisclosed money. Now, Democrats say they're opposed to Citizens United, 154 00:08:51,720 --> 00:08:54,560 Speaker 1: but I think they're not unilaterally disarming. They're going to 155 00:08:54,559 --> 00:08:57,200 Speaker 1: play by the rules as they exist, and so they're 156 00:08:57,240 --> 00:09:00,680 Speaker 1: doing some of the same things that the Republicans have 157 00:09:00,800 --> 00:09:03,920 Speaker 1: been doing for a few years more than that. You 158 00:09:04,000 --> 00:09:10,160 Speaker 1: also write that superpacks became shadow campaigns sometimes, right, So 159 00:09:10,640 --> 00:09:15,480 Speaker 1: this was another development that's occurred since UH Citizens United. 160 00:09:15,760 --> 00:09:20,199 Speaker 1: If you are a presidential candidate, UM, you're not allowed 161 00:09:20,240 --> 00:09:25,400 Speaker 1: to coordinate with an outside group like a superpack. Federal 162 00:09:25,520 --> 00:09:29,760 Speaker 1: law says that what makes you independent is that you're 163 00:09:29,760 --> 00:09:33,040 Speaker 1: not coordinating on advertising. But there are lots of other 164 00:09:33,080 --> 00:09:35,960 Speaker 1: ways to uh coordinate, and so we saw some really 165 00:09:36,000 --> 00:09:39,920 Speaker 1: interesting things happen in the election Carly Fiorina, when she 166 00:09:40,000 --> 00:09:43,960 Speaker 1: was running for the Republican nomination for president. She had a, 167 00:09:44,240 --> 00:09:49,240 Speaker 1: you know, not a very strong campaign finance operation in 168 00:09:49,320 --> 00:09:52,040 Speaker 1: her own campaign, but yet there were some very wealthy 169 00:09:52,120 --> 00:09:55,960 Speaker 1: people backing fearing A. They created a superpack that superPAC 170 00:09:56,040 --> 00:09:58,600 Speaker 1: essentially did all the advance work for the fearing A campaign. 171 00:09:58,600 --> 00:10:00,880 Speaker 1: They would look at her public schedule, they would go 172 00:10:00,920 --> 00:10:02,600 Speaker 1: and they would put up fearing Of signs, and they 173 00:10:02,600 --> 00:10:04,840 Speaker 1: would do what they could to help promote her. We 174 00:10:04,920 --> 00:10:07,360 Speaker 1: also saw this with Jeb Bush. You may remember busch 175 00:10:07,640 --> 00:10:10,360 Speaker 1: Uh seen as an early front runner, never really got 176 00:10:10,440 --> 00:10:13,400 Speaker 1: any traction, but got you know, a couple of hundred 177 00:10:13,440 --> 00:10:16,160 Speaker 1: million dollars of support which really gave him a chance 178 00:10:16,160 --> 00:10:19,160 Speaker 1: to get his message out there even if voters didn't 179 00:10:19,160 --> 00:10:22,120 Speaker 1: like it. And then there was John Kasik before he 180 00:10:22,200 --> 00:10:26,160 Speaker 1: ran for president, he actually made commercials for his superpack 181 00:10:26,280 --> 00:10:29,400 Speaker 1: and argued that he was allowed to do that before 182 00:10:29,720 --> 00:10:32,360 Speaker 1: he officially declared as a candidate. And that's something that 183 00:10:32,600 --> 00:10:36,720 Speaker 1: you know has been the subject of complaints at the 184 00:10:36,720 --> 00:10:40,959 Speaker 1: Federal Election Commission. So we're seeing lots of superpacks acting 185 00:10:41,120 --> 00:10:46,320 Speaker 1: as shadow campaign entities for candidates. They've just avoided some 186 00:10:46,400 --> 00:10:49,680 Speaker 1: of the more egregious kinds of coordination that could certainly 187 00:10:49,720 --> 00:10:54,600 Speaker 1: get them into legal trouble. What about campaign contribution limits? 188 00:10:55,320 --> 00:10:59,400 Speaker 1: Where does the Supreme Court stand on limits and where 189 00:10:59,440 --> 00:11:03,640 Speaker 1: is it likely now the question of whether campaign contribution 190 00:11:03,800 --> 00:11:08,640 Speaker 1: limits might raise constitutional questions? Is this is really the 191 00:11:08,679 --> 00:11:11,440 Speaker 1: next shoe to drop at the Supreme Court. So in 192 00:11:11,480 --> 00:11:14,800 Speaker 1: a case after Citizens United, a case called McCutcheon, which 193 00:11:14,840 --> 00:11:18,079 Speaker 1: I believe was a two thousand and uh fourteen case. 194 00:11:18,840 --> 00:11:21,839 Speaker 1: In that case, the Supreme Court struck down a rule 195 00:11:21,920 --> 00:11:25,200 Speaker 1: that said that people were limited in the total amount 196 00:11:25,200 --> 00:11:27,520 Speaker 1: of contributions they gave to all federal candidates, a so 197 00:11:27,600 --> 00:11:31,080 Speaker 1: called aggregate contribution limit. And in that opinion, written by 198 00:11:31,120 --> 00:11:34,000 Speaker 1: Chief Justice Roberts for a majority of the conservative justices. 199 00:11:34,720 --> 00:11:38,960 Speaker 1: The Court took the view that the kind of scrutiny 200 00:11:39,040 --> 00:11:42,600 Speaker 1: that is applied to campaign contributions needs to be more 201 00:11:42,760 --> 00:11:45,520 Speaker 1: rigorous than it has been in the past, and so 202 00:11:45,720 --> 00:11:48,320 Speaker 1: it may be at some point that the Supreme Court 203 00:11:48,400 --> 00:11:50,960 Speaker 1: is going to weigh in and start striking down more 204 00:11:51,040 --> 00:11:54,440 Speaker 1: campaign contribution limits. The fact is, though, that the Court 205 00:11:54,480 --> 00:11:58,959 Speaker 1: had a major opportunity this past few months to weigh 206 00:11:58,960 --> 00:12:02,679 Speaker 1: in a case out of Alaska about its five campaign 207 00:12:02,679 --> 00:12:05,520 Speaker 1: contribution limits and make a major statement. Instead, the Court 208 00:12:06,040 --> 00:12:09,200 Speaker 1: quickly reversed the case without really making much law, and 209 00:12:09,200 --> 00:12:11,160 Speaker 1: and really punted it back to the lower courts to 210 00:12:11,200 --> 00:12:13,720 Speaker 1: try to deal with the question. If the Court addresses 211 00:12:13,720 --> 00:12:16,719 Speaker 1: the question of campaign contribution limits again, it could lead 212 00:12:16,720 --> 00:12:18,600 Speaker 1: to a situation where people would be able to give 213 00:12:18,720 --> 00:12:21,920 Speaker 1: large or unlimited contributions to candidates. But the Court doesn't 214 00:12:21,920 --> 00:12:24,360 Speaker 1: seem to have any appetite right now for delving back 215 00:12:24,400 --> 00:12:26,959 Speaker 1: into that issue, probably because they have so many other 216 00:12:27,000 --> 00:12:30,200 Speaker 1: controversial issues on their plate, from abortion to immigration, to 217 00:12:30,240 --> 00:12:34,439 Speaker 1: the environment, to the President Trump subpoenas and maybe eventually impeachment. 218 00:12:35,120 --> 00:12:40,080 Speaker 1: Was there anything that you found positive in Citizens United. Well, 219 00:12:40,120 --> 00:12:44,559 Speaker 1: I was certainly happy with the idea that campaign disclosure 220 00:12:44,640 --> 00:12:48,960 Speaker 1: laws were found to be constitutional. There was widespread agreement 221 00:12:49,040 --> 00:12:52,360 Speaker 1: that it was not just disclosure of campaign ads that 222 00:12:52,400 --> 00:12:55,199 Speaker 1: explicitly called for the election or defeat of candidate, but 223 00:12:55,320 --> 00:12:58,080 Speaker 1: also adds that mention a candidate or feature a candidate 224 00:12:58,080 --> 00:12:59,760 Speaker 1: in the period close to the election. And the Supreme 225 00:12:59,760 --> 00:13:02,840 Speaker 1: Court said, and Justice Galea famously said this, that you 226 00:13:02,880 --> 00:13:05,320 Speaker 1: need to have some civic courage and if you're going 227 00:13:05,360 --> 00:13:07,280 Speaker 1: to spend money on elections, you're going to try to 228 00:13:07,320 --> 00:13:10,280 Speaker 1: influence your fellow citizens, you should at least stand up 229 00:13:10,320 --> 00:13:12,320 Speaker 1: and say who you are. And and voters use the 230 00:13:12,360 --> 00:13:15,640 Speaker 1: information about who's spending money on elections as a proxy. 231 00:13:15,720 --> 00:13:19,079 Speaker 1: If they know that, uh, you know, a Sheldon Addison 232 00:13:19,240 --> 00:13:23,319 Speaker 1: or or Tom Styer is behind a candidate, that sends 233 00:13:23,480 --> 00:13:25,800 Speaker 1: a message about whether or not they might support that 234 00:13:25,880 --> 00:13:28,720 Speaker 1: candidate as well. So I do think that the bright 235 00:13:28,720 --> 00:13:33,360 Speaker 1: spot Assistants United was the recognition that campaign disclosure laws 236 00:13:33,640 --> 00:13:36,240 Speaker 1: do not violate the First Amendment. When you look at 237 00:13:36,280 --> 00:13:42,440 Speaker 1: the recent campaign, the presidential campaign, is grassroots financing in 238 00:13:42,480 --> 00:13:47,000 Speaker 1: any way starting to balance out the big money contributions. Well, 239 00:13:47,040 --> 00:13:49,880 Speaker 1: I believe that the Brend Center recently issued a report 240 00:13:50,400 --> 00:13:55,520 Speaker 1: that concluded that while grassroots financing of elections has greatly 241 00:13:55,600 --> 00:13:57,920 Speaker 1: increased and has given more of a voice, it is 242 00:13:57,960 --> 00:14:01,520 Speaker 1: still swamped by these mega owners who are giving tens 243 00:14:01,600 --> 00:14:04,360 Speaker 1: of millions of dollars or more. It's very hard, you know. 244 00:14:04,400 --> 00:14:06,440 Speaker 1: It takes a lot of people giving fifty dollars to 245 00:14:06,480 --> 00:14:08,880 Speaker 1: reach the kind of spending that we see from some 246 00:14:09,000 --> 00:14:12,559 Speaker 1: of these very large contributors. Well, I have you here. 247 00:14:13,080 --> 00:14:17,280 Speaker 1: I want to ask you about the upcoming election, and 248 00:14:17,600 --> 00:14:23,360 Speaker 1: with US officials warning that Russia's election interference in could 249 00:14:23,360 --> 00:14:28,520 Speaker 1: be more brazen than in the presidential race or mid 250 00:14:28,600 --> 00:14:32,920 Speaker 1: term election, do you see that. Well, I actually have 251 00:14:32,920 --> 00:14:34,960 Speaker 1: a whole book coming out on the question of whether 252 00:14:35,000 --> 00:14:37,000 Speaker 1: we're going to have an election meltdown, and one of 253 00:14:37,000 --> 00:14:40,320 Speaker 1: my concerns is about dirty tricks coming from outside the 254 00:14:40,400 --> 00:14:42,880 Speaker 1: United States or even inside the United States, because we've 255 00:14:42,920 --> 00:14:45,640 Speaker 1: seen some domestic journey tricks as well. I think there 256 00:14:45,640 --> 00:14:47,320 Speaker 1: are a lot of challenges. I think people are going 257 00:14:47,360 --> 00:14:48,760 Speaker 1: to have to be vigilant and we're going to have 258 00:14:48,800 --> 00:14:51,640 Speaker 1: to think about what we need to do to ensure 259 00:14:51,720 --> 00:14:54,800 Speaker 1: that whoever wins the election, that losers will accept the 260 00:14:54,840 --> 00:14:57,080 Speaker 1: results of the election as legitimate, that it was a 261 00:14:57,080 --> 00:15:00,720 Speaker 1: fair process. Are we likely to see more dissa information 262 00:15:01,160 --> 00:15:04,200 Speaker 1: or actual hacking? Well, I think that we need to 263 00:15:04,200 --> 00:15:07,120 Speaker 1: be on guard against both of those things. There certainly 264 00:15:07,120 --> 00:15:11,400 Speaker 1: will be disinformation. There's been disinformation in the past in elections, 265 00:15:11,440 --> 00:15:15,160 Speaker 1: but now social media makes it much easier, and technology 266 00:15:15,200 --> 00:15:17,680 Speaker 1: makes it much easier to lie and to spread false 267 00:15:17,800 --> 00:15:21,560 Speaker 1: information and to make it much more difficult for voters 268 00:15:21,600 --> 00:15:24,880 Speaker 1: to separate truth from fiction. But I also think that 269 00:15:24,920 --> 00:15:28,200 Speaker 1: there's a danger not just of hacking voter registration databases, 270 00:15:28,200 --> 00:15:29,880 Speaker 1: but one of the things that I talked about in 271 00:15:29,880 --> 00:15:33,680 Speaker 1: the upcoming book is what about a Russian hack of 272 00:15:33,800 --> 00:15:37,880 Speaker 1: the power grid in Detroit on election day? Where Michigan 273 00:15:37,960 --> 00:15:40,120 Speaker 1: is the pivotal state in the election. It's all kinds 274 00:15:40,120 --> 00:15:43,400 Speaker 1: of things that could happen, all kinds of nefarious things 275 00:15:43,400 --> 00:15:45,480 Speaker 1: that we need to be on guard against, uh in 276 00:15:45,760 --> 00:15:47,560 Speaker 1: the run up to election day and on election day 277 00:15:47,560 --> 00:15:50,880 Speaker 1: itself and in the post election day county. Thanks for 278 00:15:50,880 --> 00:15:53,880 Speaker 1: being on Bloomberg Law. Rick. That's Professor Rick Hasn't of 279 00:15:53,880 --> 00:15:57,480 Speaker 1: the University of California Irvine School of Law. A note 280 00:15:57,520 --> 00:16:01,040 Speaker 1: Mike Bloomberg is also seeking the Democratic Price Addential nomination. 281 00:16:01,280 --> 00:16:04,200 Speaker 1: Bloomberg is the founder and majority owner of Bloomberg LP, 282 00:16:04,520 --> 00:16:07,240 Speaker 1: the parent company of Bloomberg News. Thanks for listening to 283 00:16:07,240 --> 00:16:10,560 Speaker 1: the Bloomberg Law Podcast. You can subscribe and listen to 284 00:16:10,600 --> 00:16:14,360 Speaker 1: the show on Apple Podcasts, SoundCloud, and on bloomberg dot 285 00:16:14,360 --> 00:16:18,880 Speaker 1: com slash podcast. I'm June Brosso. This is Bloomberg