McCain-Feingold Act
The McCain-Feingold Act, officially known as the Bipartisan Campaign Reform Act of 2002, aimed to regulate campaign financing in the United States. It sought to reduce the influence of money in politics by banning soft money contributions to national political parties and imposing stricter limits on individual contributions to candidates.
The act also addressed the issue of political advertising by requiring disclosure of campaign ad sponsors and restricting certain types of political ads close to elections. Despite its intentions, the McCain-Feingold Act faced legal challenges and was partially overturned by the Supreme Court in the 2010 case of Citizens United v. FEC.