So you want to start a political party in the United States?
Well first, you’ll need to know everything there is to know about the Federal Election Commission (FEC), the watchdog which oversees the US political system by disclosing campaign finance info and enforcing Federal election law.
First, note that, as of this writing and for the foreseeable future, the Commission, which was created in 1974 in the aftermath of Watergate, lacks a quorum of at least four out of six total commissioners. This means that, while spending by Federal political candidates and committees is still reported by the FEC, the FEC currently provides no real-time enforcement of disclosure requirements or any other Federal election law. And it doesn’t appear that either Republicans or Democrats are in any hurry to rectify the situation, at least as of this writing > the White House long ago nominated a Republican attorney as the next Federal Election Commissioner, and the Democrats have in turn suggested for nomination the executive assistant of a former FEC Commissioner.
That said, it’s still a good idea to know the law, because, if nothing else, the FEC can still retroactively enforce campaign finance laws if and when it does regain a quorum.
Here’s an outline of a few of the more pertinent FEC Rules & Regulations: