One campaign finance law that may influence the political process in the United States is the Bipartisan Campaign Reform Act (BCRA) of 2002, commonly known as the McCain-Feingold Act. This law aimed to regulate the financing of political campaigns by placing certain restrictions on campaign contributions and expenditures. It prohibited national political parties from raising or spending soft money, which are unregulated funds often used for issue advocacy rather than directly supporting a candidate. Additionally, BCRA banned corporations and labor unions from using their general treasury funds to produce and air advertisements that mention a federal candidate within 30 days before a primary election or 60 days before a general election. This law aimed to limit the influence of money in politics, reduce the role of outside interest groups, and increase transparency in campaign financing.
