The operations of the Democratic political group Priorities USA highlights a glaring loophole with current rules regulating nonprofits.
No Labels has received corporate donations for over a decade, a dive into political disclosures reveals.
Isaac Applbaum had been a member of the American Action Network's board of directors since its founding in 2009.
A new disclosure revealing a fraction of No Labels' donors shows the group has been fundraising from corporate executives, many of whom sit atop private equity firms.
The group has been hiring Republican fundraisers, campaigners, and policy advisers as it works to advance a presidential ticket that many believe would pull votes from President Biden.