State & history
Which independent federal agency administers and enforces the laws on campaign finance for federal elections?
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✓ The Federal Election Commission (FEC)
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B The Federal Communications Commission (FCC)
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✕ The Federal Reserve Your answer
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D The Federal Bureau of Investigation (FBI)
Not quite.
The Federal Election Commission was created in 1974 under the Federal Election Campaign Act. It collects financial reports from candidates and parties and enforces contribution limits and disclosure rules.
Source: fec.gov; Federal Election Campaign Act (52 U.S.C. § 30101 ff.)