The U.S. Supreme Court has eliminated federal limits on campaign finance, asserting that such restrictions infringe upon First Amendment rights. The ruling, issued on June 25, 2026, effectively rolls back established federal regulations governing how much money can be spent in political campaigns.

The court's decision centers on the principle that campaign spending is a form of protected speech. By striking down these limits, the court has opened the door for potentially unlimited financial contributions and expenditures in political contests. This development is expected to significantly alter the landscape of political fundraising and spending in the United States.

The ruling came after a legal challenge that questioned the constitutionality of the federal spending caps. The court's majority opinion concluded that the government cannot unduly restrict the amount of money individuals and groups can spend to advocate for or against political candidates or causes. This interpretation emphasizes the broad scope of free speech protections as applied to political activities.