Senator, I would say there is lots of room for congressional regulation here and that, in fact, the Supreme Court has made clear that foreign money in particular is an area where Congress has substantial authority available to it.
Gorsuch acknowledges Congress's authority to regulate foreign money in elections.
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Today, independent agencies do not just exercise executive law-enforcement powers.
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Apart from pointing to habitual drunkard laws, the government has not even attempted to prove that any other specific historical principle might justify its prosecution in this case.