Former Speaker of the House Tom Foley lost his final bid for reelection in 1994 after three decades in office.
In 2013, Foley died.
But the “Committee to Reelect Tom Foley” — his still-technically active campaign committee — lives on, and it reported earning a small profit this year from several financial investments, including stock in tech giants Microsoft and Meta.
Foley’s old committee stands among scores of federal campaign operations that reap the rewards of invested campaign funds, a NOTUS review of federal records indicates.
For prolific fundraisers, including current members of Congress, such investments can yield six- or
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