Fund with ties to Haley raises $555,000

COLUMBIA, S.C. (AP) - A political group with ties to South Carolina Gov. Nikki Haley has raised more than $550,000 to push for conservative candidates and causes in South Carolina for the November election.

The Movement Fund Inc. was set up in March 2011 and is backed by supporters of Haley who want to push conservative causes both in the upcoming election and when the General Assembly returns in January.

The fund can raise unlimited amounts of money from groups and individuals and spend it to endorse or attack candidates and causes, as long as it does not coordinate its activities with a specific candidate.

Haley appointed 2 of the three directors, including Chad Walldorf, whom she also appointed to chair the State Board of Economic Advisors.

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