The Federal Election Commission on Thursday held a hearing on whether donations through text message should be legal. The commissioners held off on making a ruling during Thursday’s meeting, but a decision could come when the panel meets again next month. Both the Obama and Romney campaigns support legalizing text-message donations and on Thursday submitted statements in favor.
A ruling to legalize such donations could drastically change the fundraising landscape for 2012 and beyond, allowing campaigns to maximize their reach and potentially add millions more to their coffers through small-dollar donors. According to the bipartisan proposal put forth by GOP consulting firm Red Blue T and Democratic firm ArmourMedia, text-message donations would be handled by a third-party firm, m-Qube, as the Post’s Dan Eggen reported earlier this month.
Full Article: – The Washington Post.