Not quite true.
https://www.investopedia.com/articles/markets/042716/what-happens-campaign-funds-after-elections.asp
KEY TAKEAWAYS
Candidates raise millions and billions for themselves and through political action committees during political campaigns.
There are rules in place for how money can be used after a campaign ends.
Permissible uses include charitable donations and donations to other candidates while personal use is prohibited.
Campaigns may refund money to donors or redistribute it with their permission if they drop out.
Super PACs may use leftover campaign cash to support the same candidate in other elections.
I certainly hope you’re right, but sense there are loopholes.
One I found is the funds can be used for travel, lodging, meals, clothing, laundry etc. as long the expenses are claimed to be campaign related.
For example, she could be asked to speak somewhere and claim say $10,000 in expenses.
The biggest money laundering scheme is connected to ghostwritten “book deals”, which distributors are paid for pre-orders by outsiders with a cut going to the “author”; clever bribery scheme.
My overall sense is there should be zero campaign funds period. Pols can speak to voters on their own dime.
In Socialist Seattle-King County, there was one good idea to come out of the rotten bunch, that was/is each candidate gets a same reasonable allotment amount of funds to campaign on at taxpayer expense, and zero funds from anywhere else. Airtime was granted in equal installments.
I know, I know ..... but the idea was to put candidates on an equal footing. I was willing to pay $5 for that.