July 9, 2012
Reuters Exclusive: Exclusive: Campaign donations by text? Not so fast, wireless carriers say
According to Reuters, wireless carriers are balking at U.S. regulators' move to allow political donations by text message, a plan that could reshape the nation's campaign finance system by giving cell-phone users the ability to make instant contributions.
The carriers - who account for about 90 percent of the more than 330 million wireless subscriptions in the United States - are worried about an array of liability and regulatory issues they could face in handling contributions to presidential and congressional candidates.
The carriers are asking the FEC for more guidance on how they should implement a donations-by-text program, according to four industry sources.
One sticking point is that the carriers want to make sure they will not be held liable for determining donors' eligibility to contribute to a campaign, industry sources said.
That means ruling out that a donor is a corporation, foreign citizen or underaged American who is not allowed to contribute, or whether the donor has met various limits for donations to a campaign.
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