Does Andrew Yang's $1000 promise violate campaign finance laws?

Andrew Yang speaking with attendees at a fundraiser hosted by the Iowa Asian and Latino Coalition at Jasper Winery in Des Moines, Iowa, August 2019. Photo credit: Gage Skidmore/CC BY-SA 2.0, via Flickr

During the third presidential debate on Thursday night in Houston, candidate Andrew Yang raised a lot of eyebrows when he said, "My campaign will now give a freedom dividend of $1000 a month for an entire year to 10 American families." His campaign website says "WIN $1,000 A MONTH -- no strings attached.” We look at whether this is legal.