The Hillary Victory Fund is a "joint fundraising committee" that distributes its earnings to the Hillary Clinton campaign, the Democratic National Committee (DNC), and state-level Democratic Party organizations (see the full list of the committee's beneficiaries here). The fund was organized in September, and since then it has donated almost $20 million to the DNC.
This is unusual — and potentially a conflict of interest — for one big reason: Hillary Clinton isn't yet the Democratic nominee for 2016.
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