Dark money could be trending toward a record low this election cycle. It’s a development the media has been suspiciously silent on.

“Dark money” is a pejorative label for campaign spending by groups that are not political committees. Many of these are well-known nonprofit organizations like the Chamber of Commerce and the League of Conservation Voters. Because electing candidates is not their main purpose, they are not required to publicly report their donors the way a political committee does.

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