which act regulates public and private funding of political parties
Which act regulates public and private funding of political parties?
Answer:
The act that regulates public and private funding of political parties is the Federal Election Campaign Act (FECA) in the United States. The FECA establishes restrictions and disclosure requirements for campaign contributions, as well as setting limits on contributions from individuals and political action committees. It also mandates public funding for presidential elections and regulates the use of funds for campaign purposes. This act aims to ensure transparency, fairness, and accountability in the financing of political campaigns to maintain the integrity of the electoral process.