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by Kathy Gill. Updated May 03, 2017. The McCain-Feingold Act is one of the several federal laws that regulates the financing of political campaigns. It is named after its chief sponsors, Republican U.S. Sen. John McCain of Arizona and Democratic U.S. Sen. Russell Feingold of Wisconsin.
When Booker mentions McCain-Feingold, he is referring to a campaign finance law -- formally called the Bipartisan Campaign Finance Reform Act -- that was sponsored by Sens. John McCain, an Arizona Republican, and Russ Feingold, a Wisconsin Democrat.