Poe’s Campaign Fined $25,000 by FEC

Posted July 1, 2009 at 10:27am

The campaign committee of Rep. Ted Poe (R-Texas) recently agreed to pay a $25,000 fine to the Federal Election Commission for failing to properly report receipts, disbursements and cash-on-hand figures during the 2004 cycle, according to an enforcement agreement released Thursday.A 2007 FEC audit found that Poe’s committee understated its receipts in 2004 by more than $100,000, understated its disbursements that year by more than $185,000 and overstated its cash-on-hand balance by more than $90,000.Those and other findings from the FEC audit led the watchdog group Citizens for Responsibility and Ethics in Washington to file a complaint with the FEC in September 2007 seeking a full-fledged investigation of Poe’s campaign finances.But the FEC chose to enter into a conciliation agreement with the Poe for Congress committee and to dismiss the complaint. In a letter to CREW, FEC General Counsel Thomasenia Duncan described the complaint as a low-priority matter “compared to other higher-rated matters— on the FEC’s enforcement docket.“Those responsible for the clerical mistakes cited in the audit are no longer associated with the campaign committee,— Poe spokeswoman DeeAnn Thigpen said in a statement this week. “The FEC’s opinion showed that the campaign was fully cooperative through the audit and that an amended report meeting all federal regulations was filed. An agreed settlement has been reached, and the matter is closed.—