political donations

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There's a Disturbing Trend in Political Donations
There's a Disturbing Trend
in Political Donations
longform
Oct 26, 2024 10:00 AM CDT

There's a Disturbing Trend in Political Donations

Both parties are benefiting from strategies that exploit seniors with dementia, reports CNN

(Newser) - A CNN investigation has uncovered a troubling trend in political fundraising, one in which elderly Americans—particularly those with dementia—are unwittingly becoming major donors to campaigns. Both parties have benefited from the practice, which often begins with a small online donation to a candidate. But once the hooks are...

Finally, a First Look at Musk's Donations to Trump
Finally, a First Look at
Musk's Donations to Trump
THE RUNDOWN
Oct 16, 2024 10:20 AM CDT

Finally, a First Look at Musk's Donations to Trump

X owner gave $75M over last 3 months, per new FEC filing

(Newser) - Elon Musk remains the world's richest man, with a net worth of $241 billion at last peek. But he's pumped tens of millions from that pot into reelection efforts for Donald Trump, showing that Musk "has vaulted into the top ranks of Republican donors," per NBC...

Report: Musk's GOP Donations Aren't Exactly a New Thing

Wall Street Journal examines the cash he's given to Republicans over the years, his 'fingerprints' erased

(Newser) - Elon Musk reportedly made his largest political donation ever in August of $290,000 to the National Republican Congressional Committee, amid what seemed like a rather sudden shift to right-wing causes—but the X owner's donations to the GOP apparently stretch back further. That's according to a new...

Musk: I Never Said I'd Give $45M a Month to Trump

But SpaceX CEO says he did set up a super PAC to help fund GOP nominee

(Newser) - In his sit-down Monday with Canadian conservative commentator Jordan Peterson, Elon Musk attracted lots of buzz with his comments on the "woke mind virus" that he claims led his transgender daughter astray. However, the SpaceX and Tesla CEO also cleared up reporting that he'd pledged to funnel $45...

Disney Heir: No More Donations Until Biden Goes

Abigail Disney says she'll halt funds out of 'realism, not disrespect'

(Newser) - As fallout continues over President Biden's weak debate performance against former President Trump, the turmoil has spread to top Democratic donors, including one particularly high-profile name who now says she'll halt the money flow until Biden is replaced. "I intend to stop any contributions to the party...

Trump Requests $25M to Have Lunch With a Donor

The former president is testing the limits of campaign finance law, per 'WaPo'

(Newser) - To be clear, Donald Trump isn't doing anything illegal in his fundraising efforts. But the Washington Post paints a picture of a candidate who is "testing the boundaries of federal campaign finance laws" as he aims to shorten the Democrats' massive fundraising lead. In an article resulting from...

Billionaire 2024 Hopeful: Donate $1, Get $20

North Dakota Gov. Doug Burgum hopes pricey strategy will land him a spot in GOP debate

(Newser) - Donate as little as $1 to the presidential campaign of North Dakota Gov. Doug Burgum and you'll be rewarded with a $20 gift card. It's all part of what Politico reports is "a bold and expensive" fundraising strategy Burgum hopes will get him a spot on the...

Donors Quickly Respond to Trump Indictment

Campaign collected more than $4M in the first 24 hours after indictment was reported

(Newser) - Donald Trump's presidential campaign had been preparing for his indictment , and the work paid off. More than $4 million in donations poured in over the first 24 hours after the news broke, Axios reports. And another $1 million came in over the next 24 hours. Fundraising pitches began before...

Graham to Trump Devotees: 'You Need to Help This Man'

After indictment news, senator makes emotional plea for Trump fans to 'fight this bull----' with cash

(Newser) - On Thursday, there was plenty of reaction circulating on the indictment of former President Trump , including emotional responses from his two oldest sons, Donald Trump Jr. and Eric Trump . That same evening, Republican Sen. Lindsey Graham of South Carolina also gave an impassioned speech in support of the former president,...

FTX Would Like Its Donations Back, Please

Vaporized crypto exchange wants something on the order of $93M returned by Feb. 28

(Newser) - In the election cycle just past, then-wunderkind crypto gazillionaire Sam Bankman-Fried and his FTX cronies opened up their wallets and showered candidates with cash in what CoinDesk calls "a monumental influence campaign that crossed party lines." Now that FTX is bankrupt, and SBF's wallet is pretty much...

This May Be the Biggest Political Donation Ever

'NYT' reports on $1.6B from conservative businessman Barre Seid to new nonprofit

(Newser) - The New York Times is reporting on what appears to be a record-setting political donation in the US, though the principals involved aren't exactly household names. The story by Kenneth P. Vogel and Shane Goldmacher reports that Barre Seid—a mogul who made his fortune in electronics manufacturing—donated...

Eli Lilly Faces Questions Over Abortion Stance

Company donated to Indiana legislators behind the restrictions

(Newser) - Eli Lilly's suggestion that it will reconsider adding employees in Indiana in light of its new, nearly total restrictions on abortions might have seemed like it would encourage opponents of the law—one of the state's largest employers exerting leverage on behalf of its position. But the response...

Cheney Campaign Telling Democrats How to Vote for Her

It may not be enough in next month's GOP primary in Wyoming

(Newser) - Can Democrats save Liz Cheney's job? The New York Times reports that the Wyoming Republican is drawing donations from prominent Democratic donors ahead of next month's GOP primary against a tough challenger. Cheney, of course, is one of the highest-profile politicians in the US at the moment thanks...

Giuliani Ally Guilty of Campaign Finance Crimes
Giuliani Ally
Gets 20 Months
UPDATED
Jun 29, 2022 6:30 PM CDT

Giuliani Ally Gets 20 Months

Fraud was 'a way of life' for Lev Parnas

(Newser) - Update: Lev Parnas, an associate of Rudy Giuliani who was a figure in former President Donald Trump's first impeachment investigation, was sentenced Wednesday to a year and eight months in prison for fraud and campaign finance crimes by a judge who said fraud had become “a way of...

Toyota Flops on Certification, Won't Donate to 'No' Voters

Automaker says it heard from customers

(Newser) - Toyota has reversed itself and now says its political action committee will no longer contribute to the Republican lawmakers who voted against certifying Joe Biden's presidential election victory. The move by the Japanese automaker comes after a social media backlash over the contributions, including threats to stop buying the...

This May Be an 'Epiphany' for Corporate America
This May Be an 'Epiphany'
for Corporate America
the rundown
Jan 12, 2021 8:44 AM CST

This May Be an 'Epiphany' for Corporate America

Businesses are halting political donations, but the big question is whether it's just a blip

(Newser) - "Just a few days ago, this would have been unthinkable." That's the assessment of Judd Legum, author of the Popular Information political newsletter, as relayed to David Leonhardt of the New York Times . He's referring to the unprecedented wave of big corporations that have halted political...

Corporate Donors Cut Off Lawmakers Who Opposed Certification

Hallmark wants Hawley to return its money

(Newser) - Major companies and their political action committees are voting with their checkbooks against the members of Congress who voted against certifying President-elect Joe Biden's victory last week—the issue that inspired the attack on the Capitol. On Monday, several companies said they'll no longer donate to the 147...

America's 'Painful' Times Inspire One CEO to Take Action

Reed Hastings and wife Patty Quillin donate $120M

(Newser) - The top guy at Netflix and his wife just made a major donation to black colleges and say they hope others will do the same, NBC News reports. Company CEO Reed Hastings and Patty Quillin said Wednesday they're giving $120 million to two historically black colleges and the United...

Police PAC Donations Get Redirected in NY

Democrats are giving campaign contributions to bail funds

(Newser) - "It's time to draw a CLEAR line in the sand," New York State assemblywoman Aravella Simotas tweeted Saturday, announcing she would redirect $5,350 in campaign contributions from police-affiliated groups to a New York City bail fund, as well as to groups working to "help New...

Biden to Louis CK: Here's Your $2.8K Back

Donation from disgraced comedian to Biden's presidential campaign is refunded

(Newser) - Joe Biden doesn't want Louis CK's money, thank you very much. A spokesman for the former vice president's presidential campaign said Wednesday that a $2,800 donation from the comedian, made on March 4, had been refunded, per the AP . Like Biden , Louis CK has faced allegations...

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