what does the f.e.c. actually do? >> very little. just to be clear, you're the chairwoman of the f.e.c.? >> yes. lately, we have not been able to regulate. we have not been able to even investigate. >> okay, but there are election laws, and this is the commission to enforce those laws. they must do something. i want to play a little game called "could i get away with this." >> all right. let's say, if a super pac calls itself carly for america, can you get away with that? >> well, actually, you cannot use the name of a candidate in a super pac. >> boom! and when the actual carly for america super pac tried just that, the f.e.c. said, not on my watch! so what are you going to do about it carly super pac? so the carly for america super pac can use the following name, conservative leadership for america or carly for america? no flipping way. >> so this is illegal, this is legal? >> according to the determinations that have been made at the f.e.c. >> well, that's bullshit. bullshit as in bad shit, unbelievably loony loony, ludicy shocking