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The Fox News Rundown

How Is Dark Money Infecting Our Politics?

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.41.7K Ratings

🗓️ 30 May 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

Despite being eight months away from the presidential primaries, campaign ads started airing months ago. These various TV spots are not always funded by candidates but instead by dark money. Fox Congressional Correspondent Chad Pergram explained that dark money is simply funds spent on political speech for which you don't know who the donors are. He joins the Rundown to explain the impact that dark money has in our politics as it is unregulated by the Federal Election Commission, how major past Supreme Court decisions paved the way for this kind of campaign spending to become popular in politics, and how some politicians use dark money to circumvent campaign rules while some lawmakers are working to create legislative safeguards that would curb the power of dark money. By 2030, President Joe Biden aims to make fifty percent of all new vehicle sales electric. However, many car manufacturers recently announced they are looking to remove AM radio capability from future electric models. After bipartisan backlash citing the importance of AM radio to America's emergency infrastructure, Ford and Lincoln have decided they will not move forward with this plan and will continue to preserve AM radio functionality. The higher-end car manufacturers say that this is just another update to dashboards, yet many are hesitant to phase out the technology. Publisher of TALKERS Magazine, Michael Harrison, joins the Rundown for a conversation about why the AM frequency is necessary to reach rural parts of the country, his belief that the car manufacturers did not fully think through what is lost if AM radio goes away, and why he thinks AM radio won't fade away any time soon. Plus, commentary by former Trump economic adviser and economist at the Heritage Foundation, Steve Moore. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:17.0

Cryptocurrencies are unregulated in the UK.

0:19.0

Profits may be subject to capsule gains tax and the value of cryptocurrencies can go down

0:23.0

or up.

0:24.0

I'm Ashleigh Webster.

0:25.0

I'm Kennedy.

0:26.0

I'm Jason Chafetz and this is the Fox News rundown.

0:31.0

Tuesday, May 30th, 2023.

0:35.0

Only subradi.

0:36.0

Today's big spending in politics was bankrolled decades ago.

0:41.0

In the nation's highest court, that was a seminal, supreme court decision.

0:46.0

That basically said, speech is money.

0:48.0

Money is speech in its political and therefore it's protected and you can do as much as you want.

0:53.0

I'm Chris Foster.

0:54.0

Ford cancels plans to take AM radio out of its cars and trucks.

0:58.0

Station owners, loyal listeners and some members of Congress are working to keep AM spot on the dial.

1:03.0

There are media deserts and there are technical deserts and AM radio really comes in handy in those places.

1:11.0

And I'm Stephen Moore.

...

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