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      FEC Holds First Hearing Under New Audit Procedures Policy

Press ReleaseFEC Holds First Hearing Under New Audit Procedures PolicyNovember 4, 2009 For Immediate Release
            Contact:
            Judith IngramNovember 4 , 2009
            Julia QueenChristian Hilland**FEC HOLDS FIRST HEARING UNDER NEW AUDIT PROCEDURES POLICY**
        ****
        **WASHINGTON – The Federal Election Commission (FEC) today held its first hearing under new procedural rules that allow representatives for non-publicly funded, non-Presidential committees to present oral arguments during the audit process. This hearing was among the new procedural rules the Commission approved this year in order to promote transparency and fairness during the audit process and allow the Commission an opportunity to ask relevant questions directly to the audited committee prior to adopting a final audit report. Today’s hearing highlights the results of a lengthy Commission exchange with the public on ways to provide more clarity and opportunities for committees to respond during the enforcement process.**
        **At the open meeting, Counsel for the Tennessee Democratic Party appeared before the Commission to address the proposed findings in the FEC Audit Division’s draft final audit report. The Commission will consider today’s arguments before voting on the final audit report at a later date.**
        *The Federal Election Commission (FEC) is an independent regulatory agency that administers and enforces federal campaign finance laws. The FEC has jurisdiction over the financing of campaigns for the U.S. House of Representatives, the U.S. Senate, the Presidency and the Vice Presidency. Established in 1975, the FEC is composed of six Commissioners who are nominated by the President and confirmed by the U.S. Senate.*
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Read next: FEC Cites Committees for Failure to File July Quarterly Financial Report
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This information is not intended to replace the law or to change its meaning, nor does this information create or confer any rights for or on any person or bind the Federal Election Commission or the public. The reader is encouraged also to consult the Federal Election Campaign Act of 1971, as amended (52 U.S.C. 30101 et seq.), Commission regulations (Title 11 of the Code of Federal Regulations), Commission advisory opinions and applicable court decisions.


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