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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.
Yet it was McConnell, upholding the Â­McCain-Feingold campaign reform law, that fundamentally reshaped our political system, far more so than the recent decision in McCutcheon v. FEC, which struck down overall limits on federal political contributions, or the decision in Citizens United.