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PNM’s Dark Money Spending

February 19, 2021 – The Line opinion panel talks about the revelation that PNM’s parent company funded hundreds of thousands of dollars’ worth of political action supporting lawmakers who favor the electricity provider’s preferred policies. The new State Ethics Commission forced the disclosure through legal action, suing a dark money group called the Council for Competitive New Mexico to reveal its donors, a step required under the Campaign Reporting Act. A settlement showed PNM to be the group’s sole donor, delivering almost half a million dollars for the effort. 


This segment is part of our #YourNMGov project, in collaboration with KUNM radio. Support for public media provided by the Thornburg Foundation.

Host: Gene Grant 

The Line Opinion Panel: 
Dede Feldman, former state senator 
Dan Foley, former NM House minority whip 
H. Diane Snyder, former state senator 

For More Information: 
Commission Sues Political Group for DisclosureAlbquerque Journal 
Did PNM Bankroll Another Group? – NM in Depth 
Why Should We Care About Dark Money? – NM in Depth