The Republican National Committee lost it's first attempt to restore its ability to raise corporate contributions following the recent Supreme Court ruling in Citizens United v. FEC. The RNC's argument is that since it is a national party committee active in local and state as well as federal elections the ban on corporate contributions is a detriment to its activities in state and local elections where corporate contributions are legal.
Red Elephant actually agrees with the RNC's reasoning (the reasoning applies equally to the Democratic National Committee, which was not a party to this appeal). Candidly, Red Elephant has immense distaste for RNC Chairman Michael Steele and so is conflicted about the ruling. However, the ruling today by the Federal District Court for DC does not seem to square with the recent SCOTUS ruling in Citizens United v. FEC. That said, it makes sense that this ruling was made as this court was not prepared to overturn the SCOTUS opinion in McConnell v. FEC from 2003.
This further empowers the recently formed American Action Network, which will rise in GOP influence while RNC Chairman Steele grinds his teeth about not being able to play in the corporate contribution sandbox.