UPDATED 2:23 PM PT – Friday, October 1, 2021
The Supreme Court agreed to review a legal challenge on campaign finance rules brought on by Sen. Ted Cruz (R-Texas). According to reports, federal election law set a $250,000 cap on campaign committee’s ability to repay personal loans made by a candidate following an election.
In 2018, Cruz loaned his campaign $260,000. The Federal Election Commission appealed to the high court in July after a lower court sided with Cruz in June by saying the law violated his First Amendment rights.
Cruz argued with the new campaign finance cap by saying it increased the risk of loans not being repaid in their entirety. In addition, critics have said the federal election law made it harder for politicians to run for office.
BREAKING: The Supreme Court adds five new cases to the docket for its upcoming term, including a challenge by Sen. Ten Cruz to a federal campaign-finance law involving limits on candidates' loans to their own campaigns.https://t.co/AeYNbO1S8S pic.twitter.com/E07lrKrBGg
— SCOTUSblog (@SCOTUSblog) September 30, 2021
Justices are expected to hear arguments during the next term with a decision expected before July.