Continuing with a practice that goes back to at least President Clinton, President Obama has nominated a major bundler for a diplomatic post, the Center for Public Integrity's Michael Beckel reports:
Timothy Broas, a top fundraiser for President Barack Obama, is now the nominee to be the next U.S. ambassador to the Netherlands.
Broas, a partner at the D.C. law firm Winston and Strawn, has raised more than $500,000 for Obama's re-election efforts as a bundler, meaning he has been credited for raising money from friends, family or business associates.
He is one of only 117 bundlers who have raised at least half-a-million dollars for Obama, the Democratic National Committee and Democratic parties in battleground states. During Obama's presidential bid four years ago, he also bundled between $200,000 and $500,000 for Obama's campaign.
Individuals are capped in how much they can contribute to politicians, but there's no limit on how many other people they can turn to and ask for money. Those who help candidates collect large sums are often rewarded with perks such as access, appointments or government contracts, as the Center for Public Integrity has previously reported.