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The lawsuit alleges that Strum was demanding $50 million from Lasry or she threatened to make things "really, really, ugly." In the suit, Lasry, the former owner of the NBA's Milwaukee Bucks and a longtime Democratic megadonor, alleges that his former employee, Gina Strum, was trying to extort him for $50 million. The suit states that Lasry rebuffed Strum's advances, but that did not stop the flow of texts. "Ms. Strum wrongly asserted that Ms. Gardner's 2022 surgery should have been disclosed to Avenue's investors, because according to Ms. Strum, Ms. Gardner was in poor health and had not been working for the last two years," the suit reads. "When Ms. Strum received the attention and the money she sought, she routinely complimented Plaintiffs," the suit states.
Persons: Marc Lasry, Gina Strum, Strum, , Sonia Gardner, Democratic megadonor, Lasry, Gardner, Daniel Kaiser, Kaiser, Strum's, doesn't, Gardner's, Strum vindictively, Strum — Organizations: Capital, Service, Milwaukee Bucks, Democratic, Bloomberg Locations: New York
At a town hall hosted at a high school outside Philadelphia, Musk referred to the false conspiracy theory that Dominion Voting Systems was part of a plot to rig U.S. elections in recent years. There’s always this question of, say, the Dominion voting machines. Fact: Hand counts and audits of such paper ballots have repeatedly proven that Dominion machines produce accurate results. Studies and investigations have found that there’s no evidence of widespread voter fraud in the U.S. When voter fraud has occurred, prosecutors have successfully brought cases against perpetrators including in a highly publicized fraud scheme in North Carolina.
Persons: Elon Musk, Donald Trump’s, Musk, , Anna Moneymaker, Trump, ” Musk, Democratic megadonor George Soros, Kamala Harris, Emma Barnett, Ben Goggin, Kat Tenbarge Organizations: , Systems, Dominion, Brennan Center for Justice, Fox News, SpaceX, Tesla, Ridley High School, Philadelphia Fox, Trump, Trump America PAC, FBI, Democratic megadonor Locations: FOLSOM, Pa, Pennsylvania, Philadelphia, Maricopa County, Arizona, Philadelphia County, Folsom, Butler , Pennsylvania, U.S, North Carolina, Mexico, “ Pennsylvania, America, New York City
Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. Related storiesWhile Molly White, a crypto researcher and critic, described Harris' recent statements about crypto as "middle of the road," she said she thought the crypto industry was "definitely taking an optimistic view." The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.
Persons: cryptocurrency, Crypto, Sen, Katie Porter, Jamaal Bowman, Sherrod Brown's, Bernie Moreno, Donald Trump, Kamala Harris, Trump, Harris, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Cameron, Tyler Winklevoss, He's, Adam Kovacevich, Joe Biden's, Gary Gensler, Lina Khan, Biden, Sheila Warren, Brian Hughes, Elizabeth Warren, Jon Tester, Bernie Sanders, Barron, it's, Robert Weissman, he's, She's, Chuck Schumer, Jared Polis of, Anthony Scaramucci, Mark Cuban, Ron Conway, Sherrod Brown, Kamala, she's, Rachael Horwitz, " Horwitz, Harris hasn't, Molly White, Horwitz, It's, There's, Weissman, Dan Cassino, Khan, Warren, that's, Emily Stewart Organizations: Democratic, Sherrod Brown's Republican, Gemini, Facebook, Trump, GOP, Republican, of, Democrats, Securities and Exchange, Federal Trade Commission, Crypto, Innovation, Liberty Financial, Public Citizen, Financial Times, Politico, Gov, Jared Polis of Colorado, Wall Street, Haun Ventures, Fairleigh Dickinson University, Capitol Hill, SEC, FTC, Chamber, Business Locations: Ohio, Wisconsin, Nashville, United States, Silicon Valley, That's, California, New York, America, bitcoin, Washington
Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. In September, he unveiled his own crypto venture, World Liberty Financial. The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.
Persons: cryptocurrency, Crypto, Sen, Katie Porter, Jamaal Bowman, Sherrod Brown's, Bernie Moreno, Donald Trump, Kamala Harris, Trump, Harris, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Cameron, Tyler Winklevoss, He's, Adam Kovacevich, Joe Biden's, Gary Gensler, Lina Khan, Biden, Sheila Warren, Brian Hughes, Elizabeth Warren, Jon Tester, Bernie Sanders, Barron, it's, Robert Weissman, he's, She's, Chuck Schumer, Jared Polis of, Anthony Scaramucci, Mark Cuban, Ron Conway, Sherrod Brown, Kamala, she's, Rachael Horwitz, " Horwitz, Harris hasn't, Molly White, Horwitz, It's, There's, Weissman, Dan Cassino, Khan, Warren, that's, Emily Stewart Organizations: Democratic, Sherrod Brown's Republican, Gemini, Facebook, Trump, GOP, Republican, of, Democrats, Securities and Exchange, Federal Trade Commission, Crypto, Innovation, Liberty Financial, Public Citizen, Financial Times, Politico, Gov, Jared Polis of Colorado, Wall Street, Haun Ventures, Fairleigh Dickinson University, Capitol Hill, SEC, FTC, Chamber, Business Locations: Ohio, Wisconsin, Nashville, United States, Silicon Valley, That's, California, New York, America, bitcoin, Washington
Despite a 7% rebound on Monday, Trump Media has lost nearlythree-quarters (72%) of its value since peaking at $66.22 on March 27. The wipeout reinforces concerns raised by experts who have repeatedly warned that Trump Media’s multi-billion-dollar price tag defies logic. The company is losing money, generating very little revenue and Truth Social remains a relatively tiny player in social media. In August, Trump Media launched Truth+, a TV streaming platform on iOS, Android and the Web versions of Truth Social. It’s possible Trump Media’s stock market fortunes could turn, especially with the former president’s high-profile debate Tuesday with Harris.
Persons: Donald Trump’s, It’s, Trump, ” Matthew Tuttle, Barry Diller, , Reid Hoffman, Diller, Hoffman, Tuttle, Kamala Harris, Joe Biden, Harris, ” Tuttle, Still, you’re Organizations: New, New York CNN, Trump Media & Technology, Truth, Trump Media, Trump, Bloomberg, Tuttle Capital Management, CNN, CNBC, LinkedIn, Democratic, ” Trump Media Locations: New York
Some business leaders and wealthy donors are hopeful that Harris will adopt more centrist policies as she outlines her agenda, especially by dialing back Biden-era antitrust crackdowns. “CEOs are wildly excited about Harris,” Jeffrey Sonnenfeld, founder and president of the Yale Chief Executive Leadership Institute, told CNN in a phone interview. Sonnenfeld pointed to confidence that Harris will protect the rule of law and hopes for recalibrated trade, regulatory and tax policies. Meanwhile, Harris, somewhat of an unknown commodity on business policy, hasn’t said much about where she stands. Another key sticking point is energy, where Trump has tried to blame the Biden-Harris administration for periods of high gas prices.
Persons: Kamala Harris, Harris, Biden, ” Jeffrey Sonnenfeld, Sonnenfeld, Lina Khan, Khan’s, hasn’t, , , Greg Valliere, Democratic megadonor Reid Hoffman, Khan, Hoffman, Barry Diller, Diller, It’s, ” Diller, , haven’t, PCCC, Adam Green, Harris –, ” Green, Lina Khan –, ” Sonnenfeld, “ It’s, Douglas Farrar, Donald Trump, Joe Biden, Trump, ” Trump, “ You’re, Lauren Hitt, didn’t Organizations: New, New York CNN, Biden, Big Tech, Democratic, Yale, Leadership, CNN, Federal Trade Commission, Progressives, AGF Investments, Business, Big Oil, Microsoft, FTC, , Activision, CNBC, IAC, Progressive, Khan, Public Citizen, AFL, NAACP, Harris Administration Locations: New York, North Carolina
New York CNN —LinkedIn co-founder Reid Hoffman is throwing his financial firepower behind Vice President Kamala Harris. Ohio Sen. JD Vance, the GOP nominee for vice president, is a fan. Harris campaign: No discussions on replacing KhanHoffman told CNN he “certainly” hasn’t directly pushed Harris to replace Khan. A Harris campaign aide told CNN that there have been “no policy discussions” about replacing Khan at the current time. That was a mistake,” Hoffman told CNN.
Persons: Reid Hoffman, Kamala Harris, Hoffman, CNN he’s, Harris, United States ’, Lina Khan, “ Lina Khan, ” Hoffman, Joe Biden, , Khan, , Bernie Sanders, Hoffman Khan, Sen, Mr, Hoffman ”, Massachusetts Sen, Elizabeth Warren, Khan . Ohio Sen, JD Vance, Vance, Biden, Khan Hoffman, hasn’t, Brian Fung, Douglas Farrar, Biden Harris, Harris team’s, ” Farrar, Farrar, “ Trump, Donald Trump, Trump, Steven Cheung, George Soros ”, Mark Cuban, Peter Thiel, Thiel, Arizona Sen, Mark Kelly, Josh Shapiro, Gretchen Whitmer, Gina Raimondo Organizations: New, New York CNN, LinkedIn, Biden, Harris, PAC, CNN, Federal Trade, Democratic, Microsoft, FTC, , Big Oil, Big Tech, Forward PAC, GOP, Republican, Activision Blizzard, Mattress, Trump, US Chamber of Commerce, Arizona Locations: New York, United States, America, Vermont, Massachusetts, Khan . Ohio, Pennsylvania, Michigan
Still, other Democratic megadonors, including Netflix cofounder Reed Hastings and Abigail Disney, pledged to withhold funds from the party until Biden dropped out. Where Biden's money goes nowCampaign finance experts disagree on the specifics of what the Biden campaign will be able to do with its money. The Biden campaign can either refund its donors, Ghosh told Reuters, or, they agreed, the campaign can pass the money back to the Democratic National Committee. Advertisement"It's really a nonargument because that money is not going to go to waste," McMillan told BI. Whoever ends up as the Democratic nominee, McMillan noted, they'll have no shortage of financial support.
Persons: , Joe Biden, Donald Trump, Biden rambled, Biden, Reed Hastings, Abigail Disney, Charles Spies, Kamala Harris, Spies, Harris, Saurav Ghosh, Ghosh, Dan McMillan, — Biden didn't, McMillan Organizations: Service, Sunday, Business, Democratic, Trump, Associated Press, Netflix, Republican, Street Journal, Federal, Reuters, Democratic National Committee, Save Democracy Locations: America
Vice President Kamala Harris is already seeing a wave of big money donor support following President Joe Biden dropping out of the race, with the help of bundlers who have assisted her in past races, according to people familiar with the matter. Lasry helped raise money for the vice president when she ran against Biden in the 2020 Democratic primary. Hoffman has donated at least $10 million to supportive Biden political action committees so far this election, according to Federal Election Commission records. The campaign filed the new name of their campaign, "Harris for President," with the FEC. That would come with the added risk of donors potentially deciding not to donate to the new campaign, Massoglia said.
Persons: Kamala Harris, Joe Biden, bundlers, Biden, Harris, Donald Trump, Marc Lasry, Lasry, Reid Hoffman, Hoffman, Doug Emhoff, Alexander Soros, George Soros, Stewart Bainum Jr, Anna Massoglia, Massoglia Organizations: Democratic, Senate, CNBC, Wall, Biden, Trump, Venture, Commission, New, New York Hamptons, Hamptons, Democratic Party, Choice, Convention, Democratic National Committee Locations: New York, Chicago
Vice President Kamala Harris joined a call with major Democratic donors Friday afternoon to discuss what the hosts called "urgent, emerging needs." The call came as more Democratic lawmakers publicly call on President Joe Biden to drop his bid for reelection. A Biden campaign official told NBC News that the president's advisers asked Harris to do the call, which Democratic megadonor Reid Hoffman, the billionaire LinkedIn co-founder, planned to join. The organizers repeated claims first made in a Biden campaign memo earlier on Friday, saying that voters still wanted Biden, even if donors and Democrats in office do not. "We know which candidate in this election puts the American people first: our President, Joe Biden," Harris said.
Persons: Kamala Harris, Joe Biden, Biden, Harris, Democratic megadonor Reid Hoffman Organizations: Democratic, NBC News, LinkedIn, NBC, Biden Locations: North Carolina
And more than 1,000 factories closed under his watch," Harris said in Fayetteville. "Meanwhile, President Joe Biden and I have created nearly 800,000 new manufacturing jobs — so much so it's been described as a manufacturing boom." The vice president's remarks come amid intense pressure from top Democrats for Biden to drop out of the presidential race. According to media reports, Senate Majority Leader Chuck Schumer and former House Speaker Nancy Pelosi have both told Biden that his bid for reelection could endanger the party's electoral chances in both chambers of Congress. And while Democratic megadonors pressure Biden to step aside, donor events that feature Harris have started to sell out.
Persons: Kamala Harris, Joe Biden, Biden, Donald Trump, Harris, it's, Chuck Schumer, Nancy Pelosi, Barack's Obama's Organizations: Democratic, America, NBC News Locations: North Carolina, Fayetteville
U.S. President Joe Biden and Vice President Kamala Harris stand on stage together after delivering remarks at the DNC 2023 Winter Meeting in Philadelphia, Pennsylvania, U.S., February 3, 2023. Only one of the donors said they thought Biden should stay in the race, this person said. All the others made it very clear that they believed Biden needed to drop out of the race, if the party wanted to defeat Trump in November. People who spoke to CNBC for this story were granted anonymity to speak freely about a sensitive matter. Their goal is to convince lawmakers to publicly call on Biden to end his reelection campaign, according to over half a dozen people familiar with the matter.
Persons: Joe Biden, Kamala Harris, Donald Trump, Biden Organizations: Trump, CNBC, Senate Locations: Philadelphia , Pennsylvania, U.S
Venture capitalist and Democratic megadonor Ron Conway has spoken directly with former House Speaker Nancy Pelosi about President Joe Biden's disastrous debate performance, according to three people familiar with the matter. Representatives for both Pelosi and Conway did not deny that the California Democrat and unofficial dean of the House Democratic caucus had spoken to Conway about Biden. "Like many others, since the debate Ron has had many conversations with Democratic party leaders and other major donors about the best path forward for victory. He's given over $400,000 to the Biden Victory Fund throughout the 2024 election cycle, according to Federal Election Commission records. Conway gave over $200,000 to the Nancy Pelosi Victory Fund during the 2022 congressional midterm elections, according to OpenSecrets.
Persons: Nancy Pelosi, Ron Conway, Joe Biden's, Conway, Donald Trump, Pelosi, Conway's, Biden, Ron, He's, Biden's, Kamala Harris, Trump, George Stephanopoulos, bundlers, Stewart Bainum Jr, he's, Abigail Disney, Disney Organizations: SV Angel, Conference, Venture, Democratic, CNBC, MSNBC, California Democrat, House Democratic, Trump, ABC News, Biden, Fund, Commission, House Democrats, Choice Locations: California, San Francisco , California, U.S, Silicon Valley, OpenSecrets, Chicago
Opinion | The Abyss Stares Back at Joe Biden
  + stars: | 2024-07-09 | by ( Bret Stephens | ) www.nytimes.com   time to read: +1 min
The Huey Long-like character of Willie Stark in Robert Penn Warren’s “All the King’s Men” comes to mind, as does the figure of Brutus in Shakespeare’s “Julius Caesar.”And so, increasingly, does President Biden. The man elected to banish his self-deluded, deceptive, disrespected and destructive predecessor increasingly embodies those vices himself. “Saying hello to one Democratic megadonor and family friend at the White House recently, the president stared blankly and nodded his head,” Olivia Nuzzi reported last week for New York magazine. The president repeated the words his wife had fed him.”There’s plenty more like this, including in The Wall Street Journal and The Times. “A former senior European official answered the same question by saying flatly, ‘No.’”
Persons: It’s, Huey Long, Willie Stark, Robert Penn Warren’s, , Brutus, Shakespeare’s “ Julius Caesar, Biden, blankly, ” Olivia Nuzzi, , Vladimir V, Putin, ” —, Europe — “, Organizations: Democratic, White House, New York, Street, The Times, Times Locations: Russia, U.S, Europe
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJill Biden quietly fed lines into President Joe Biden's ears, reminding him of a megadonor's name and telling him to thank them, New York Magazine's Intelligencer reported, citing an unnamed witness to the exchange. Since his disastrous debate performance last week, Biden has tried to reassure Democratic governors, House Democrats, staffers, voters, and donors that he is fit for reelection. But Biden is losing support among some Democratic donors, some of whom have publicly called on him to step aside. Despite mounting pressure to exit the race, Biden told staffers he was "not leaving" during a Wednesday call with his campaign and Democratic National Convention staff, Politico reported, citing anonymous staffers on the call.
Persons: , Jill Biden, Joe Biden's, Biden, blankly, it's, Donald Trump, Millionaire, Abigail Disney, Reed Hastings, Hastings, Whitney Tilson Organizations: Service, New York Magazine's Intelligencer, Democratic, White House, Business, House Democrats, CNN, The New York Times, CNBC, Democratic Party, Trump, New York Times, Times, Democratic National Convention, Politico, ABC Locations: New York
A growing list of wealthy Democrats are using their checkbooks to pressure Biden to drop out. Others, such as Netflix cofounder Reed Hastings, simply no longer support Biden. The donor uprising adds further obstacles to Biden hanging on after his disastrous debate performance. AdvertisementSome of the Democratic Party's biggest donors are pressuring President Joe Biden to step aside. Others are so angry about the president's standing after his disastrous debate performance that they have vowed to cut off all Democrats.
Persons: Biden, Reed Hastings, , Joe Biden Organizations: Netflix, Service, Democratic, Hollywood titans, Democratic Party, Business
"Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous," Hastings said in an email to the Times. While he's the first to call for Biden to step aside, he's not the first big Democratic donor from Hollywood to express concern. It's unclear if more Hollywood donors will follow Hastings and call for Biden to step aside. We will fight, and we will win," Harris told Biden's campaign staff in a call, according to The Times. A Biden campaign spokesperson did not address Hastings's public call in their statement to BI.
Persons: , Reed Hastings, Joe Biden, Donald Trump, Biden, Hastings, he's, Ari Emmanuel, Tina Brown, Trump, Barack Obama, George Clooney, Julia Roberts, Biden's, Kamala Harris, Karine Jean, Pierre, Harris, Noah Mamet, Obama, Mamet, Nancy Pelosi, Chuck Schumer, Patty Quillin Organizations: Service, Democratic, The New York Times, Trump, Times, Business, Netflix, Endeavor, Aspen Ideas, Hollywood, Hastings, Washington Post, Biden, Press, The Times, Democratic Party Locations: Hollywood, Los Angeles, Chicago, Argentina
Reed Hastings, the Netflix co-founder who in recent years has become one of the biggest donors to the Democratic Party, called on Wednesday for President Biden to relinquish his place atop of the Democratic presidential ticket. Mr. Hastings became one of the first to say publicly what many Democratic megadonors are saying privately. “Biden needs to step aside to allow a vigorous Democratic leader to beat Trump and keep us safe and prosperous,” he said in an email with The Times. Mr. Biden and White House officials have said he has no plans to step aside. Mr. Hastings and his wife, Patty Quillin, during the Trump era joined the Democratic Party’s most generous donor couples.
Persons: Reed Hastings, Biden, Hastings, “ Biden, , Patty Quillin, Trump, Mr Organizations: Netflix, Democratic Party, Democratic, Trump, The Times, White, Democrats
Read previewDemocratic megadonor John Morgan has joined the camp of people pointing fingers at President Joe Biden's top aides for his poor debate performance. That group includes Biden's senior advisor, Anita Dunn; her husband, Bob Bauer, Biden's personal attorney; and Biden's former chief of staff, Ron Klain. This story is available exclusively to Business Insider subscribers. AdvertisementAnother longtime Democratic donor, Whitney Tilson, said in a Saturday post on X that he felt "deceived" by Biden's performance. Morgan and representatives for Biden didn't immediately respond to requests for comment from Business Insider sent outside regular business hours.
Persons: , John Morgan, Joe Biden's, Morgan, Anita Dunn, Bob Bauer, Ron Klain, Biden, @katierogers — John Morgan, Harris, Trump, Whitney Tilson, Joe Biden, Tilson, Biden didn't Organizations: Service, Politico, Business, CNN, Biden, Bloomberg, Democratic, Trump, Business Insider
A senior administration official told Politico: "He doesn't take advice from anyone other than those few top aides, and it becomes a perfect storm because he just gets more and more isolated from their efforts to control it." One source close to Biden's campaign told Politico: "If I'm talking to Anita, and I say, 'what about X?' Related storiesA senior administration official Politico spoke to also accused Biden of being unpleasant to be around when he's being briefed. Advertisement"It's like, 'You can't include that, that will set him off,' or 'Put that in, he likes that,'" the official told Politico. "I think he has misplaced trust in these three people, and I believe he has from the inception," Morgan told Politico.
Persons: , Joe Biden's, White, Biden, Anita Dunn, Bob Bauer, Ron Klain, Anita, he's, John Morgan, Morgan, Biden didn't Organizations: Service, White House, Politico, Business, Democratic, Business Insider
Read previewPresident Joe Biden has offered a new explanation for his disastrous debate performance: jet lag. On debate night, a Biden campaign source told The Wall Street Journal that Biden had a cold going into the event. The Biden blame gamePost-debate, Biden critics and supporters alike have been speculating whether his age might kill the Democratic ticket's chances of winning in 2024. A House Democratic aide told Reuters that 25 Democrats are preparing to call Biden to quit the race. AdvertisementRepresentatives for Biden didn't immediately respond to requests for comment from Business Insider sent outside regular business hours.
Persons: , Joe Biden, Donald Trump, Biden, Trump, prepped Biden, Anita Dunn, Bob Bauer, Ron Klain, Karine Jean, Pierre, John Morgon, Dunn, Bauer, Morgan, Whitney Tilson, Tilson, Lloyd Doggett, Kamala Harris, Gavin Newsom, Gretchen Whitmer, Sen, Amy Klobuchar, Biden didn't Organizations: Service, Business, Biden, Wall Street Journal, Politico, CNN, Democratic, White, Trump, Democratic Party's, Reuters, Texas Rep, Gov, Business Insider Locations: North Carolina, California, Michigan, Minnesota
Michael R. Bloomberg, who is the former mayor of New York City and a Democratic megadonor, has donated nearly $20 million to support President Biden’s re-election campaign, a Bloomberg representative said. Mr. Bloomberg gave $19 million to Future Forward, the main Democratic super PAC supporting Mr. Biden, and $929,600 to the Biden Victory Fund, a joint fund-raising committee between Mr. Biden and the Democratic National Committee, said Howard Wolfson, the Education program lead at Bloomberg Philanthropies. “I stood with Joe Biden in 2020, and I am proud to do so again,” Mr. Bloomberg said in a statement. Mr. Bloomberg, who spent $1 billion of his own money on his failed presidential campaign in 2020, ultimately backed Mr. Biden in the Democratic primary that year and was a significant financial supporter of his campaign. He spent tens of millions of dollars through his political action committee on television ads supporting Mr. Biden and vowed to spend heavily in Florida, which then-President Donald J. Trump ultimately won by about three percentage points.
Persons: Michael R, Biden’s, Biden, Howard Wolfson, Bloomberg Philanthropies, , Joe Biden, ” Mr, Bloomberg, Donald J, Trump Organizations: Bloomberg, Democratic, PAC, Mr, Biden, Fund, Democratic National Committee, The Washington Post Locations: New York City, Florida
David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on January 07, 2024 in Beverly Hills, California. David Ellison, the son of Republican megadonor Larry Ellison, gave $929,600 to back the re-election efforts of President Joe Biden, putting him among the top recent donors to the incumbent Democrat. David Ellison's donation is the largest recorded contribution that the Skydance Media CEO ever made to a federal candidate, according to Federal Election Commission records. David Ellison's donation comes as his father, Larry Ellison, the chairman of Oracle, has kept his wallet firmly shut this election cycle. Larry Ellison donated more than $31 million to Republican candidates during the 2022 congressional midterms, according to data from OpenSecrets.
Persons: David Ellison, The Beverly Hilton, Larry Ellison, Joe Biden, David Ellison's, George Conway, Donald Trump, Dustin Moskowitz, Charles Myers, bundler, Biden, Soros, Myers, George Soros, Biden's, Trump, , Jeffrey Katzenberg, Katzenberg, Kurt Rappaport, Rappaport Organizations: Skydance Media, The Beverly, Commission, Biden, Facebook, Oracle, Trump, CNBC, Democratic, Republican, Hollywood Locations: Beverly Hills , California, OpenSecrets, Los Angeles
Attendees were asked to give between $3,300 and $16,600 per person to Team Stand for America, a joint fundraising committee benefiting her campaign, according to the invitation. A spokesman for Elliot did not return requests for comment. Chambers, Rosenkranz, a representative for for JPMorgan and a spokeswoman for AQR did not return requests for comment. A spokeswoman for the Haley campaign did not return requests for comment. Haley is trailing Trump nationally by around 50 percentage points, according to a Real Clear Politics polling average.
Persons: Nikki Haley, Haley, Donald Trump, Campbell Brown, Dan Senor, Paul Singer, Annie Dickerson, Singer's, Steve Cohen, Singer, Cliff Asness, Kristin Lemkau, Robert Rosenkranz, Ray Chambers, Lemkau, Jamie Dimon, Asness, Brown, Eric Levine, they're, Levine, Elliot, Chambers, AQR, Ken Langone, Democratic megadonor Reid Hoffman Organizations: Republican Party, Bluffton SC, Former U.S, United, New York, Wall Street, Facebook, Elliot Investment Management, Elliot Management, Politico, AQR Capital Management, JPMorgan, Delphi Capital Management, NHL's New Jersey Devils, New York Times, CNBC, Hamas, America, Trump, Home Depot, Democratic, Haley Locations: Bluffton, United States, New, Iowa, New Hampshire, South Carolina, NHL's, New York
The New Venture Fund raised over $950 million in 2021, according to the group's records. The listed donation to the New Venture Fund coincided with Thiel helping Republican candidates during the 2022 midterms. Massoglia suggested another scenario: that accountants for the Thiel Foundation may have filled out the forms incorrectly. The New Venture Fund is part of a network of left-leaning nonprofits guided by philanthropic advisory firm Arabella Advisors. Just like the New Venture Fund and the Donors Trust, the Sixteen Thirty Fund does not publicly disclose its donors.
Persons: Peter Thiel, Republican megadonor Peter Thiel, It's, Thiel, Anna Massoglia, OpenSecrets, Massoglia, Mitch McConnell, Brendan Fischer, Thiel Foundation hadn't, George Soros, Arabella Advisors Organizations: PayPal, Palantir Technologies, Founders Fund, Miami Beach Convention Center, Republican, Democratic Party, CNBC, The Thiel Foundation, New Venture Fund, D.C, New Venture, Thiel, Thiel Foundation, The New York Times, Donors Trust, Washington D.C, Google, America, Democratic, America Votes Locations: Miami , Florida, Washington, OpenSecrets, Ky
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