Warren would ban candidates from accepting corporate PAC money

Democratic presidential hopeful Elizabeth Warren released a plan to keep "big money" out of politics and promised not to accept more than $200 from big tech and other executives on Tuesday.

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"I'm not going to take any contributions over $200 from executives at big tech companies, big banks, private equity firms, or hedge funds," Warren wrote in her plan. "My campaign is and will continue to be a grassroots campaign - funded by working people chipping in a few bucks here or there."

The plan includes banning federal candidates from accepting corporate PAC money and using a constitutional amendment to overturn the Supreme Court's decision in Citizens United, which allowed corporations and unions to weigh in on specific candidates.

She also challenged her fellow 2020 candidates to join her in disclosing more information about fundraisers where they may rub shoulders with high-powered donors.


"That's why I'm also calling on every candidate in this race to disclose any donor or fundraiser who has a special title on their campaign, including national and regional finance committee members and bundler designations, and to disclose the dates and locations of their fundraising events and the names of every person who appears on a host committee on invitations tied to those events," Warren wrote in her plan.

The Massachusetts senator also pledged during an interview with CBS News last week to forego big money fundraisers if she nabs the nomination next year — a reversal from her previous stance.


Warren's rejection of big tech executive's high-dollar donations comes as she is engaged in a public feud with Facebook CEO Mark Zuckerberg. Warren ran a series of admittedly fake advertisements on Facebook this week accusing founder Mark Zuckerberg of endorsing President Trump — a tactic intended to criticize the social media behemoth's policy of letting politicians make false statements in paid ads.