Facebook's Updated PAC Filing Indicates Political Plans

The filing of updated paperwork with the Federal Election Commission revealed some interesting details into how Facebook plans to wield its influence in Washington, D.C., specifically regarding the company's plans to run its political action committee.

The filing of updated paperwork with the Federal Election Commission revealed some interesting details into how Facebook plans to wield its influence in Washington, D.C., specifically regarding the company’s plans to run its political action committee.

The standard-of-organization document seems routine on the surface. Facebook filed an update Wednesday to reflect the company headquarters’ move to Menlo Park, Calif., from Palo Alto, Calif., which we reported Dec. 19.

However, the form also indicates how the company’s expanding political capital — and the money that “FB PAC” raises — will be managed.

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