WASHINGTON—A new presidential memorandum from the White House aims to crack down on unlawful foreign contributions and money funneled to electoral campaigns using identity theft schemes to evade federal laws.
“Notwithstanding these laws designed to protect American democracy, press reports and investigations by congressional committees have generated extremely troubling evidence that online fundraising platforms have been willing participants in schemes to launder excessive and prohibited contributions to political candidates and committees,” said President Donald Trump’s April 24 memo.
The move follows a congressional investigation that identified potentially unscrupulous activity on online fundraising platforms, including ActBlue—the Democratic Party’s primary fundraising arm....