American Crossroads president says it operates like a hedge fund

The American Independent  – The Los Angeles Times explores the prospects for campaign finance reform after Sen. Russ Feingold (D-Wisc.) lost his re-election in November and now that more Republicans are in Congress. (At Monday’s Republican National Committee chair debate, when asked what the biggest mistakes of Republicans over the past ten years were, former Bush administration official Maria Cino said the McCain-Feingold Act, to huge applause.)

Steven Law, president of American Crossroads, is quoted by the LA Times as saying:

“We operate like a hedge fund,” said Steven Law, a former aide to Senate Minority Leader Mitch McConnell (R-Ky.) and president of American Crossroads, a nonprofit group that funds political ads. “We look for opportunities where we can invest and make a difference.”

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