It’s Not Just Trump… MONEY Is Destroying American Politics | Chuck Todd Politics Podcast

Chuck Todd digs into the wreckage of the Illinois primary — where more than $50 million in outside money from crypto, AI, and AIPAC-linked groups flooded Democratic races — and asks what it means for the future of American democracy when PACs and outside groups are far outspending the actual campaigns they're trying to influence. He credits Stratton for being able to overcome the massive crypto onslaught — a rare and significant defeat for an industry that has been buying influence across both parties — but warns that her victory required a billionaire governor's financial backing to counteract billionaire-funded opposition, which only underscores the problem. He traces the rot back to McCain-Feingold, arguing that the landmark campaign finance law inadvertently weakened the parties by decentralizing money, which in turn decentralized accountability — and that the Supreme Court's subsequent decisions let the situation spiral completely out of control. He calls out Chuck Schumer directly for caving to crypto money and pressuring his caucus to go along, notes that campaign finance reform feels like an unwinnable issue because the people who benefit from the current system are the ones who'd have to change it, He closes with a broader observation: with money deciding which candidates are viable before voters even weigh in, and with the country having produced three consecutive one-term presidents, American politics is likely to remain deeply unstable for years to come.

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