Connect with us

Finance

Tennessee election finance board to subpoena members of Constitutional Republicans | Chattanooga Times Free Press

Published

on

Tennessee election finance board to subpoena members of Constitutional Republicans | Chattanooga Times Free Press

Dissatisfied with a Tennessee attorney general’s investigation, the Registry of Election Finance is set to subpoena members of two Constitutional Republican groups to have them explain how they operate without registering as a political action committee.

The registry board voted Tuesday to order members of the Tennessee and Sumner County Constitutional Republicans to answer questions about their political activity at an upcoming “show cause” hearing. A sworn complaint filed by Goodlettsville businessman Wes Duenkel in November accuses the groups of acting like a PAC by making expenditures for candidates or issues but refusing to register with the state.

Five people spoke to the state investigator, but three others declined.

Registry board Chair Hank Fincher said Tuesday, “If they’re not going to talk to us, they’re going to have to assert the Fifth Amendment,” the right to avoid self-incrimination.

Registry board members requested the attorney general’s office investigate the matter in February and in late June received the results. The report amounted to short interviews in which four members denied raising or spending money for candidates. The investigation did show the group’s Facebook page at one point offered a link to donate money. The group also vetted and supported candidates for local and state elections, in addition to holding breakfasts and other political gatherings.

Advertisement

(READ MORE: Tennessee Senate incumbents face opponents calling them not conservative enough)

Co-founder Chris Spencer, who is challenging Republican Sen. Ferrell Haile, of Gallatin, in the Aug. 1 primary, caught the ire of some board members because he told the AG’s office investigator, after being asked about monthly meetings and refreshments, “I am done with questions. This is such a waste of time.”

Spencer declined to comment after Tuesday’s meeting.

Kurt Riley, another co-founder, claimed in his interview that breakfasts were free and that the sale of Tennessee Constitutional Republicans merchandise did not benefit candidates or the group’s platform. He also said the group was formed to pay for his travel and expertise.

The attorney general office’s investigation was accompanied by a letter from the deputy attorney general saying the office is not an “investigative agency” and doesn’t have the resources to conduct full-scale probes for the registry. The letter also said the registry, based on a new state law, could use other options for investigations if it is unsatisfied with the AG’s Office.

Advertisement

(READ MORE: Sumner County, Tennessee, poised to scrap human resources department)

Fincher, a Democrat, said Tuesday he was “surprised” at Attorney General Jonathan Skrmetti’s “abdication” of statutory duties to investigate campaign finance issues. He noted the registry board opted to investigate matters itself and added that the board will be seeking more funding from the legislature to hire investigators.

Registry member Tom Lawless, who previously questioned the length of time it took the AG’s office to produce the report, challenged the quality of the investigation and called the AG’s action “repugnant” and “reprehensible.”

If subpoenaed members of the Constitutional Republicans decline to testify before the board, it could take “corrective actions,” Lawless said.

“Nobody is above the law, and they’re required to do certain things. And if they don’t do it, we’ll assist them with the maximum ability that we can,” Lawless added.

Advertisement

The attorney general’s office has declined to respond to questions about the letter it sent to the registry with its investigation.

Read more at TennesseeLookout.com.

    “If they’re not going to talk to us, they’re going to have to assert the Fifth Amendment,” said Registry of Election Finance member Hank Fincher. (John Partipilo/Tennessee Lookout)
 
 
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Finance

3 stocks to watch in 2026

Published

on

3 stocks to watch in 2026
Looking to add some new stocks to your portfolio? Gibbens Capital president and chief investment officer Mark Gibbens has three suggestions. Find out what they are in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination.
Continue Reading

Finance

Hong Kong to boost tech and finance services integration amid AI boom: Paul Chan

Published

on

Hong Kong to boost tech and finance services integration amid AI boom: Paul Chan

Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year.

Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in fuelling the growth of frontier mainland Chinese tech firms with the city’s funding and liquidity.

“We welcome these enterprises to list and raise capital in Hong Kong and also encourage them to settle in the city to establish research and development (R&D) centres, transform their research outcomes, and set up advanced manufacturing facilities,” Chan said on his weekly blog.

“We support them in establishing regional or international headquarters in Hong Kong to reach international markets and strategically expand across Southeast Asia and the globe.”

The Hang Seng Index kicked off 2026 with a bang, surging over 700 points – a 2.8 per cent jump that marked its strongest opening since 2013.

Advertisement

Innovation and technology giants spearheaded the rally, with the Hang Seng Tech Index soaring 4 per cent as investor appetite for AI-related stocks reached a fever pitch.

Continue Reading

Finance

Financial resolutions for the New Year to help you make the most of your money

Published

on

Financial resolutions for the New Year to help you make the most of your money

It’s the time of year where optimism is running high. We don’t need to be the person we were last year, we can be a shiny new version of ourselves, who is good with money and on track in every corner of our finances. Sadly, our positive outlook doesn’t always last, but with 63% of people making financial resolutions this year, it’s a chance to turn things around.

The key is to make the right resolutions, so here are a few tips to help you make the most of your money in 2026.

The problems that you know about already will spring to mind first.

Research by Hargreaves Lansdown revealed that renters, for example, are the most likely to say they want to spend less – and 23% of them said this was one of their resolutions for 2026. We know rental incomes are more stretched than any others, and on average they have £39 left at the end of the month, so it’s easy to see why they want to cut back.

However, they also struggle in all sorts of areas of their finances. So, for example, fewer than a third are on track with their pension. However, only 11% of them say they want to boost their pension this year.

Advertisement

Read more: The cost of staying loyal to your high street bank

It shows that your first resolution should always be to get a better picture of your overall finances – including using a pensions calculator to see whether you’re on track for retirement.

It’s only when you have a full picture that you can see what you need to prioritise.

With 63% of people making financial resolutions this year, it’s a chance to turn things around. · Mint Images via Getty Images

Drawing up a budget is boring, and it may not feel like you’re achieving anything, but, like digging the foundations of a building, if you want to build something robust you can’t skip this step.

Make a list of everything coming in and everything you’re spending. Your current account app and the apps of the companies you pay bills to will have the details you need, and a budgeting app makes it easy to plug all the details in.

Advertisement

From there, consider where you can cut back to free up a chunk of money every month to fund your resolutions.

Younger people, aged 18-34, are particularly likely to fall into this trap. The research showed that 40% wanted to save more, 22% to get on top of their finances, 21% to spend less, 19% to pay more into investments, 19% to start investing, 15% to pay off debts and 14% to put more into their pension.

Given that at the start of your career, money tends to be tighter anyway, there’s a real risk that by trying to do so much, you might fall short on all fronts.

It helps to set yourself one realistic goal at a time.

Advertisement
Continue Reading
Advertisement

Trending