Steele Facing Threat To His Financial Control Of RNC

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The Washington Times reports that Michael Steele is facing a new threat to his leadership of the Republican National Committee — a proposed rule being circulated by some RNC members that would impose new restrictions and oversight measures against Steele’s ability to spend money:

The Pullen resolution would make it a written rule that contracts of $100,000 or more be open to competitive bidding; that all checks be signed by two RNC officers; that party staff be prohibited from signing on behalf of an officer; and that all contracts be reviewed and approved by the members of the RNC executive committee.

Wisconsin GOP chairman Reince Priebus, a Steele supporter, is circulating a letter warning against “this hostile attempt to embarrass and neuter the chairman of the RNC.”

Steele has already lost one fight going into the special May 20 RNC meeting: Sufficient signatures have been gathered to vote on a resolution calling for the Democratic Party to be renamed the “Democrat Socialist Party,” even though Steele had already advised against it.

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