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☆ Who’ll Get Trump Mano a Mano?
▼ + stars: | 2023-11-08 | by ( The Editorial Board | ) www.wsj.com time to read: +1 min

Review and Outlook: In the third Republican presidential debate on Nov. 8, 2023, Nikki Haley, Ron DeSantis, Chris Christie, Tim Scott and Vivek Ramaswamy revealed the emerging GOP fault line on foreign policy. Images: Getty Images/Reuters Composite: Mark KellyDonald Trump, Joe Biden and the Beltway press corps all agree on at least one thing: Mr. Trump has the 2024 Republican presidential nomination wrapped up. Yet no one has voted, the Iowa caucus is 47 days away, and now the contest to be the GOP’s non-Trump alternative is getting interesting. Nikki Haley on Tuesday won the support of Americans for Prosperity Action, which is part of the Koch network. In an endorsement memo, the group said Ms. Haley is ready to tackle inflation, simplify the tax code, and cut government spending, adding that she “has the courage to advocate for reforms to an entitlement system that makes promises it can’t keep.”

Persons: Nikki Haley, Ron DeSantis, Chris Christie, Tim Scott, Vivek Ramaswamy, Mark Kelly Donald Trump, Joe Biden, Trump, Koch, Haley, “, ” Organizations: Tuesday, Prosperity Locations: Iowa

☆ Who's flipped on Trump: A full list of aides, employees, and yes-men who appear to have suddenly had a change of heart in the face of legal issues
▼ + stars: | 2023-10-25 | by ( Sebastian Cahill | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Former President Donald Trump is facing multiple legal challenges. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The civil fraud trial, brought by New York Attorney General Letitia James, accuses Trump of falsely inflating his net worth. Another judge previously ruled that Trump committed fraud, but the current trial is meant to determine if his actions were intentional. The conspiratorial thinking may be exacerbated by multiple one-time allies turning on the former President, often when facing legal trouble of their own.

Persons: Donald Trump, —, you've, Stormy Daniels, Trump, Letitia James, Trump's, Mike Pence, Chris Christie, MAGA expats who've Organizations: Service, New York, Prosperity Action, for Growth, Republican, Trump Locations: Georgia, New York

☆ Former Bridgewater CEO Dave McCormick would get big money backing for Pennsylvania U.S. Senate run
▼ + stars: | 2023-09-21 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

Dave McCormick, Republican U.S. Senate candidate from Pennsylvania , greets supporters during a campaign event with Sen. Ted Cruz, R-Texas, at Lehigh Valley Sporting Clays in Coplay, Pa., on Tuesday, January 25, 2022. The last time McCormick ran for Senate, his chief rival in the Republican primary was TV host Dr. Mehment Oz. Christian Ferry, who previously worked for Republican Sen. Lindsey Graham and late GOP Sen. John McCain, said, "Every cycle these totals continue to go up." McCormick has reportedly been promised the support of the Senate Leadership Fund, a super PAC aligned with Republican Senate Minority Leader Mitch McConnell of Kentucky. Burch paid approximately $16 million for the estate, according to Newsday.

Persons: Dave McCormick, Sen, Ted Cruz, Dave McCormick's, Tory Burch, McCormick, Goldman Sachs, Lloyd Blankfein, Steven Mnuchin, Gary Cohn, David Solomon, Bob Steel, Perella Weinberg, Mnuchin, Donald Trump, Cohn, Bob Casey, Paul Singer, Steve Schwarzman, Burch, Mnuchin Cohn, Singer, Schwarzman, Steel, Dave, agains Casey, Dina Powell McCormick, Dina, Democrat John Fetterman, Mehment Oz, OpenSecrets . Oz, Donald Trump . Oz, Casey, Oz, Alex Conant, Republican Sen, Marco Rubio, It's, Lindsey Graham, GOP Sen, John McCain, Mitch McConnell of Organizations: Republican U.S, Lehigh Valley, U.S, Senate, Bridgewater Associates, Democratic, Elliot Investment Management, Blackstone, CNBC, Steel, NBC News, Associated Press, McCormick, Keystone, Bush, Treasury, Pennsylvania Senate, Democrat, Republican, GOP, PAC, Bridgewater, Pennsylvania Democratic Party, Fund, Prosperity, that's, Koch Industries, Hamptons, Newsday Locations: Republican, Pennsylvania, Texas, Coplay, Pa, Connecticut, Pittsburgh, Trump, OpenSecrets ., Mitch McConnell of Kentucky, Southampton, Long, , New York, Palm Beach

☆ Trump goes on offense against Koch network as it spends against former president
▼ + stars: | 2023-08-07 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

For Trump and Koch, it represents the latest chapter in the on again, off again relationship between the two parties. The theme of the ads is simple: Trump can't win, and with Trump as the Republican nominee, President Joe Biden will be reelected. The ads have landed the Koch network squarely on Trump's list of enemies, literally. "Club for No Growth and Koch Brothers operations spending tens of millions of dollars to prop up Ron DeSantis while attacking President Trump," the July 17 memo claimed. But neither the Koch network nor the Club for Growth has endorsed a Republican primary candidate.

Persons: Donald Trump, Charles Koch, Koch, Joe Biden, George Soros, Paul Ryans, Trump, Ron DeSantis, David Koch, Charles Organizations: Republican, Koch Industries, PAC, Prosperity, Trump, Republican Party, Florida Gov, Koch, Club, Growth Locations: Trump's

☆ Trump's $100 million PAC has burned through nearly all of its cash
▼ + stars: | 2023-08-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Trump's Save America PAC raised over $15 million in the first half of 2023, spent over $30 million and now has about $3.6 million on hand, according to Federal Election Commission records. The committee came into 2023 in a strong position, raising over $100 million in 2022 and finishing with $18 million on hand. The super PAC supporting Florida Gov. His own campaign raised around $20 million and went into the third quarter with just over $12 million on hand. The super PAC came into the later stages of the year with $30 million on hand.

Persons: Donald Trump, Donald Trump's, Ron DeSantis, Joe Biden, Trump, he's, Chris Christie, Christie, Charles Koch, Biden Organizations: U.S, Republican, Florida Gov, Trump's Save America PAC, Commission, NBC, Trump PAC, New, New Jersey Gov, CNBC, Trump, FEC, Koch Industries, Prosperity, PAC, Make, Inc Locations: Erie , Pennsylvania, U.S, New Jersey, Florida, Mar

It was unclear what proportion of the $70 million raised by Americans for Prosperity Action, the Koch network super PAC, will go directly to tackling Trump. News of the $70 million raised was first reported by the New York Times on Thursday. The Koch-backed network of political organizations was founded by Charles and his brother David Koch, who died in 2019. The Koch network has yet to back a candidate, but has joined other big Republican donors in scrambling to try to defeat Trump. The Koch network intends to make an endorsement before the Iowa caucus in early 2024, the AFP official said.

Persons: Charles Koch, Donald Trump, Koch, Joe Biden, Trump's, The Koch, Charles, David Koch, Ron DeSantis, Trump, Biden, DeSantis, Steven Cheung, Alexandra Ulmer, Ross Colvin, David Gregorio Our Organizations: Republican, Koch Industries, Prosperity, Koch, Trump, New York Times, AFP, Reuters, Thomson Locations: Florida, Iowa

The political network established by the conservative industrialists Charles and David Koch has raised more than $70 million for political races as it looks to help Republicans move past Donald J. Trump, according to an official with the group. With some of this large sum to start, the network, Americans for Prosperity Action, plans to throw its weight into the G.O.P. The network spent nearly $500 million supporting Republican candidates and conservative policies in the 2020 election cycle alone. Two groups closely affiliated with Charles Koch contributed $50 million of the more than $70 million that has been raised. Mr. Koch is a major shareholder in Koch Industries, which contributed $25 million to Americans for Prosperity Action, according to a preliminary draft of Federal Election Commission filings.

Persons: Charles, David Koch, Donald J, Trump, Charles Koch, Koch, Emily Seidel, ” Organizations: Prosperity, Koch Industries, Republican

☆ 'Trump can't win': Koch network releases ads targeting ex-president
▼ + stars: | 2023-06-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

The political network financed largely by billionaire Charles Koch is launching a wave of digital ads targeting former President Donald Trump. The ads argue that if Trump becomes the Republican nominee next year, it will lead to President Joe Biden winning reelection. One of the spots, titled "Only Way," has a voiceover saying, "The only way Biden wins is if we nominate Trump again." All of the Koch digital ads cite public polling that say how key voters don't want Trump to be president again. The ads are also targeting voters at a tumultuous moment for Trump.

Persons: Charles Koch, Donald Trump, Trump, Joe Biden, Koch, they've, Strong, Biden, Herschel Walker, Sen, Ron Johnson, Mehmet Oz, Bill Riggs, Riggs, Emily Seidel, Ron DeSantis Organizations: Republican, Prosperity, Koch Industries, of Commerce, CNBC, Trump, Biden, GOP, White, Senate, Commission, PAC, Georgia Republican Senate, Pennsylvania Republican, NBC, Florida Gov Locations: China, Georgia, Iowa, South Carolina , New Hampshire, Nevada, Washington

☆ Campaigns spend over $6.4 billion on ads for 2022 elections, making race one of the most expensive ever
▼ + stars: | 2022-09-26 | by ( Brian Schwartz | ) www.cnbc.com time to read: +4 min

They've spent almost $46 million on Google ads over the last 30 days, according to the search engine's data. The Congressional Leadership Fund, a super PAC that backs House Republicans, has spent $1.32 million over the past month on Google ads. Democrats have jumped in with spending millions on Google ads over the past four weeks, records show. The Democratic Senatorial Campaign Committee, a campaign arm for Senate Democrats, has spent just over $1 million in Google ads during that time frame. The Democratic Congressional Campaign Committee, which acts as the campaign arm for House Democrats, has spent an almost equal amount on Google ads.

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