Bipartisan Campaign Reform Act (McCain-Feingold Act)

The Bipartisan Campaign Reform Act, commonly known as the McCain-Feingold Act, is a law passed in 2002 that aims to reduce the influence of large money in political campaigns. It limits the amount of money individuals and groups can spend on advertising close to an election and restricts certain types of nonprofit organizations from funding election-related ads. The goal is to increase transparency, ensure fairer elections, and prevent the dominance of wealthy donors and special interests from disproportionately influencing political outcomes.