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☆ Michael Bloomberg recently gave $50 million to support Kamala Harris — but only after a pressure campaign: report
▼ + stars: | 2024-10-28 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Michael Bloomberg donated $50 million to a nonprofit supporting Harris' campaign, per the NYT. AdvertisementMichael Bloomberg, the former New York City mayor and presidential candidate, recently donated around $50 million to a nonprofit organization supporting Vice President Kamala Harris' campaign, according to the New York Times. Though Bloomberg typically makes public campaign donations, he intended for this contribution to remain secret, the Times reported. Harris herself hopped on a call with the billionaire, and he donated the money soon after, according to the Times. Trump has amassed his own army of billionaire donors, including Elon Musk and Timothy Mellon.

Persons: Michael Bloomberg, Harris, —, Kamala Harris, Worth, Bloomberg, Reid Hoffman, Bill Gates, George Soros, Trump, Elon Musk, Timothy Mellon, Bloomberg didn't Organizations: Bloomberg, Service, New, New York City, New York Times, Times, Forbes, titans, Wall Street, Silicon, LinkedIn, Microsoft, Elon Locations: New York

☆ Harris entered October with big cash edge over Trump
▼ + stars: | 2024-10-21 | by ( David Wright | Fredreka Schouten | ) edition.cnn.com time to read: +4 min

The Harris campaign has touted its small-dollar donations, saying that nearly two-thirds of the money raised in September came from grassroots donors. The Harris campaign outspent Trump on advertising in September, about $196 million to $73 million. Mellon’s September contribution accounted for more than 60% of the money the super PAC took in last month. Wealthy Democrats also rally to HarrisThe new filings Sunday night also showed some of the Democratic Party’s wealthiest supporters and other notable names rallying to support Harris’ campaign. In August, FEC records show Larsen making a $1 million contribution to the super PAC in XRP, his company’s digital currency.

Persons: Kamala Harris, Donald Trump’s, Harris, outraised, Harris ’, Tim Walz, –, Joe Biden, outspent, Timothy Mellon, Mellon, Robert F, Kennedy Jr, ’, Dustin Moskovitz, Christian Larsen, Larsen, JB Pritzker, Stephen Mandel, Susan, James Murdoch, Kathryn, Murdoch, Rupert Murdoch, James, Kathryn Murdoch, CNN’s Alex Leeds Matthews Organizations: CNN, Democratic Party, Republican, Federal, Commission, outraised Trump, White, Minnesota Gov, Democratic, Trump, outspent Trump, Inc, PAC, Democrats, Democratic Party’s, FF PAC, Facebook, Labs, FEC, Fox, News Corp Locations: Boston, Greenwich , Connecticut, XRP, Illinois

☆ Elon Musk is flexing his wealth and political power unlike any of the richest men before him
▼ + stars: | 2024-10-20 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Musk has also seeded at least $75 million into a pro-Trump super PAC. "Elon Musk is sort of a natural for Donald Trump, " journalist Roger Lowenstein, who wrote a biography about Warren Buffett, told Business Insider. Recently, Musk's company seized the @America handle to boost his super PAC. AdvertisementNone of the other recent wealthiest men have come close to Musk's super PAC spending. Bezos made the biggest splash in 2018 when they donated $10 million to With Honor, a super PAC that supported veteran candidates.

Persons: Elon Musk, —, Donald Trump's, Musk, Elon, Donald Trump, Roger Lowenstein, Warren Buffett, Timothy Mellon, Robert F, Kennedy Jr, Koch, Michael Bloomberg, Bill Gates, Jeff Bezos, Ciara Torres, Lowenstein, Buffett, Warren, doesn't, It's, Anna Moneymaker, Barack Obama, Sen, JD Vance, Trump's, Trump, Ken Vogel's, Obama, Steve Ballmer, Gates, John McCain, Hillary Clinton, Joe Biden, he's, Steve Pope, Harris, Biden, Melinda French Gates, Bezos Organizations: Trump, Service, PAC, America PAC, American, Stetson University, Alternative Energy, The New York Times, Citizens, Citizens United, Microsoft, Berkshire, Republican, Obama, Electoral College, Nebraska, Congressional, Musk's, Washington Post, Communist Locations: Pennsylvania, Butler , Pennsylvania, Omaha, Gates, Nebraska's

Deep-pocketed Republicans donors also tried to close the gap by boosting a GOP super PAC working to seize the Senate majority. America PAC has taken on a critical supporting role for the Trump campaign, according to its independent expenditure filings, which cover some spending beyond September 30. Tuesday’s filings show other conservative billionaires also plowing extraordinary sums into the effort to reelect Trump. Another leading pro-Trump super PAC, Restoration PAC, also reported a huge haul from a single major donor. Meanwhile, the Congressional Leadership Fund – the main super PAC supporting House Republicans – hauled in more than $81 million in the third quarter.

Persons: –, Miriam Adelson, Elon Musk, Donald Trump’s, Adelson, – Musk, Richard Uihlein –, megadonors, Kamala Harris, Harris, Musk, Trump, reelect Trump, Sheldon, Uihlein, Ike Perlmutter, Laura, Biden, Michael Bloomberg, Reid Hoffman, Steve Mnuchin, Dana White, White, Chuck Schumer, JB Pritzker, Eric Schmidt, Reed Hastings, Ken Griffin, Elliott, Paul Singer, Stephen Schwarzman, Republicans –, Timothy Mellon, Montana Sen, Jon Tester, Ohio Sen, Sherrod Brown, Tim Sheehy, Brown, Bernie Moreno, Eric Hovde, Democratic Sen, Tammy Baldwin, Baldwin, Colin Allred, Sen, Ted Cruz, Cruz, Nathan L, Democrat Adam Gray, Michelle Steel, Democrat Eugene Vindman, Trump’s, Vindman, Mary Peltola, CNN’s Kristen Holmes Organizations: CNN, Trump, PAC, Federal, Commission, Adelson, Democratic, Republican, GOP, White, House . America PAC, America PAC, Preserve, America, Restoration PAC, FF PAC, FF, New York, LinkedIn, Republican National Convention, Fund, Illinois Gov, Netflix, Citadel, Elliott Management, Blackstone Group, Congressional, Republicans, The New York Times, Democrats, West, Senate, Ohio, – Rep, Democrat, Alaska Rep Locations: Pennsylvania, California, New York, Preserve America, Michigan, Wisconsin, Pennsylvania , Wisconsin, Georgia, Lago, Florida, Montana, Michigan , Pennsylvania, Arizona, Maryland, Republican, Texas, Virginia’s, District, Alaska

☆ Where Harris is outspending Trump the most
▼ + stars: | 2024-09-23 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +4 min

Read previewAs Vice President Harris and former President Donald Trump enter the most expensive stretch of the election, their respective spending habits say a lot about the state of the race. And while polls may be tight, the money race isn't — Harris is outspending Trump by approximately $5 million every single day, according to the most recent federal filings. Harris is outspending Trump in ad buys in every single swing state, Bloomberg reported based on data from AdImpact. AdvertisementNeither the Trump nor Harris campaigns immediately responded to Business Insider's request for comment. Trump is outspending Harris in terms of direct mail by a ratio of approximately three-to-one.

Persons: —, Harris, Donald Trump, isn't — Harris, outspending Trump, Trump, Anne Hathaway, Whoopi Goldberg, Timothy Mellon, Elon Musk, outspending Harris, doesn't Organizations: Service, Business, Bloomberg, Democratic, Cipriani Wall, New York Times, Big, Trump, Elon, Labor, Musk's America PAC Locations: Pennsylvania, Michigan , Georgia, Arizona , Wisconsin, North Carolina, Nevada, Michigan, Georgia , Wisconsin , Arizona, Silicon Valley, San Francisco, Los Angeles

☆ Big investors worry the star managers they trust to run billions are getting distracted as the presidential election enters the homestretch
▼ + stars: | 2024-09-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

Hedge fund managers and private equity executives have become the go-to sources for donations for both parties. AdvertisementBut for the industry's biggest names who have become involved in politics, personal interests and values drive their giving. Advertisement'It's a people business'Mercer's global chief investment strategist, Rich Nuzum, advises institutional investors with more than $16 trillion to invest. "You're probably alienating some potential investors," he said, and that puts all investors at risk if it impacts a manager's business health. While LPs prefer their managers stay out of the headlines, Griffin has not been shy in recent years about picking fights.

Persons: —, Ken Griffin, Donald Trump, Ron DeSantis, Griffin, Timothy Mellon, George Soros, Lone, Stephen Mandel, Jim Simons, Elliott's Paul Singer, Blackstone, Steve Schwarzman, Singer, Andrew, Rudy Koitchev, Rich Nuzum, Brian Payne, Payne, Chris Walvoord —, Nuzum, Soros, David Tepper, Mandel, Griffin waded, Zia Ahmed, Koitchev Organizations: Service, Republicans, Florida Gov, Business, SEI, BCA Research, Carolina Panthers, Appaloosa Management, Citadel, Citadel Securities, mater, Miami, city's Museum of Science, Industry, LCH Investments, Teachers Locations: Florida, Lone Pine, Washington, Harvard, Chicago, Afghanistan, Illinois

☆ RFK Jr. suspends 2024 campaign, throws support behind Trump
▼ + stars: | 2024-08-23 | by ( John L. Dorman | Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Read previewRobert F. Kennedy Jr. suspended his long-shot presidential campaign on Friday, throwing his support behind former President Donald Trump in a bid to shake up an already chaotic 2024 race. Related storiesIn recent days, Kennedy's campaign has shown signs of strain. Kennedy seemed primed to be a factor in the 2024 election when it appeared that President Joe Biden and Trump were destined for a rematch. Early polls showed that Kennedy was nearing double-digit support when faced with a likely Trump-Biden rematch that Americans didn't want. But, like Trump, Kennedy has faltered over the summer.

Persons: —, Robert F, Kennedy Jr, Donald Trump, Kennedy, Abraham Lincoln's, Nicole Shanahan, Kennedy —, Trump, Donald Trump isn't, he's, Mary Beth Cahill, Kennedy's, Kathleen Kennedy Townsend, Kamala Harris, Joe Biden, hasn't, Biden, Shanahan, Timothy Mellon Organizations: Service, Business, Trump, Democratic, GOP, Democratic National, RFK Jr, DNC, The Washington Post, Biden, Silicon, Kennedy, PAC Locations: Arizona, Maryland, Silicon Valley

Still, the Trump campaign has long worried that Kennedy’s campaign, built on conspiracies and anti-vaccine rhetoric, pulled directly from their side, especially in a handful of key states. Women were more likely to support Kennedy than men, according to a recent Pew Research Center survey, though other polls haven’t shown a meaningful difference. Supporters take a selfie together during a rally for independent presidential candidate Robert F. Kennedy Jr. on May 13, 2024 in Austin, Texas. Independent presidential candidate Robert F. Kennedy Jr. speaks to the media at a Cesar Chavez Day event at Union Station in Los Angeles, California on March 30, 2024. As Kennedy’s campaign picked up support, Trump labeled the former Democrat a member of the “radical left” and attacked his environmental activism.

Persons: Robert F, Kennedy Jr, Kennedy, “, ”, Trump, Donald Trump, Kamala Harris, It’s, Vermont Sen, Bernie Sanders ’, Donald Trump Jr, ” Trump, Ramsey Reid, ’, ” Reid, Harris, who’s, ” Harris, Michael Tyler, Biden, Scott Eisen, Trump Kennedy, Joe Biden, John F, Kennedy –, Chris LaCivita, LaCivita, Timothy Mellon, Sergio Flores, Don Jr, Roger Stone, Privately, Kennedy’s, Bobby Kennedy III, Nicole Shanahan, Tucker Carlson –, Omeed Malik, ” Kennedy, Cesar Chavez, Mario Tama, Shanahan, ” Shanahan, Kristen Holmes, Kate Sullivan, Ethan Cohen Organizations: CNN, Democratic, CBS, Republican, Pew Research Center, Fox News, Democratic National Committee, RFK Jr, Biden, Convention, Trump, Democrats, Electoral, DNC, Clear Choice PAC, Getty, Kennedy, Trump Jr, Union Station, White, Republican National Convention Locations: Arizona, Vermont, Boston , Massachusetts, Michigan, Wisconsin, ”, Pennsylvania, New York, Austin , Texas, AFP, Trump’s, Los Angeles , California, Milwaukee, Harris

☆ A Pedigreed Rail Magnate Is Pouring Millions Into Electing Donald Trump
▼ + stars: | 2024-07-28 | by ( Alexandra Berzon | Mike Mcintire | ) www.nytimes.com time to read: +1 min

Timothy Mellon, a wealthy banking heir and railroad magnate, has reached the stratosphere of American political influence as the top supporter of Donald J. Trump, doling out millions to try to elect the former president and his allies. But to his neighbors in a Rhode Island beachfront enclave, he is better known as the prime suspect in the Narragansett Runestone Affair. It was the stuff of local lore and attracted visitors at low tide — to the consternation of Mr. Mellon, the pedigreed businessman whose home looked out on the rock. Mr. Mellon refused to talk and hired a former state attorney general as his lawyer. Nearly a year later, the matter was resolved quietly: Mr. Mellon agreed to return the stone, and prosecutors agreed not to bring charges.

Persons: Timothy Mellon, Donald J, Trump, Mellon Organizations: Viking Locations: Rhode, Narragansett, Narragansett Bay

☆ The reclusive billionaire who's spent $75 million on Trump and $25 million on RFK Jr.
▼ + stars: | 2024-06-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

He has since given $25 million to the super PAC, including $10 million in April. At the same time, Mellon has contributed handsomely to the pro-Trump super PAC "Make America Great Again Inc.," pouring $25 million into the PAC from July 2023 to April 2024. But he's given millions of dollars to GOP causes and campaigns in recent years, including $20 million to a pro-Trump super PAC in 2020, $45 million to a super PAC tied to GOP House leadership, and $30 million to a super PAC associated with Senate Minority Leader Mitch McConnell. "MAGA Republicans are hellbent on propping up RFK Jr. to be a spoiler for Trump in this race," Corridoni said in a statementat the time. "This is even more proof that a vote for RFK Jr. is a vote for Trump."

Persons: —, Timothy Mellon, Donald Trump, Robert F, Kennedy Jr, Kennedy, — Mellon, Mellon, Trump, Andrew Mellon, he's, Greg Abbott, Mitch McConnell, Joe Biden's, Matt Corridoni, MAGA, Corridoni Organizations: Service, GOP, Business, Democratic, Trump, Inc, PAC, MAGA Inc, Federal, Forbes, Pan Am Systems, Bloomberg, Republican Gov, GOP House, Democratic National, MAGA Republicans, RFK Jr Locations: Kennedy's, Manhattan, Texas, Mexico, propping

☆ Election Updates: Trump has rapidly eroded Biden’s edge in the 2024 cash battle.
▼ + stars: | 2024-06-21 | by ( Shane Goldmacher | Theodore Schleifer | ) www.nytimes.com time to read: +10 min

Overall, Mr. Trump was a daunting $100 million behind Mr. Biden at the start of April. And for the first time, Mr. Trump’s principal campaign committee had more cash than Mr. Biden’s: $116.5 million to $91.6 million. report does not translate to boots on the ground tomorrow,” Dan Kanninen, Mr. Biden’s battleground states director, said in an interview. So far, Mr. Biden has enjoyed a tremendous advertising advantage over Mr. Trump. Hopefully that changes as we get even closer.”For now, Mr. Biden is racing to replenish his coffers in June.

Persons: Donald J, Trump, Biden, outpacing, Trump’s, ”, Brian Derrick, ” Mr, Timothy Mellon, “ What’s, Dan Kanninen, Donald Trump, ” Steven Cheung, Mr, Joe, President Trump, Cheung, Jimmy Kimmel, Barack Obama, Erin Schaff, Nikki Haley, Haley’s, John Paulson, Stephen A, MAGA, Rufus Gifford, Mitt Romney, Barack Obama’s, Jon Reinish, He’s, Obama, Terry McAuliffe, Bill Clinton, — Andy Beshear, JB Pritzker, Gretchen Whitmer Organizations: Mr, Democratic National Committee, Republican National Committee, Trump, Biden, Democratic, Republican, The New York Times, Blackstone, Make, Inc, MAGA Inc, Hollywood, Illinois Locations: New York, Los Angeles, Trump’s Florida, Mar, AdImpact, Pennsylvania, Georgia, Virginia, Kentucky, Michigan, Atlanta

☆ Timothy Mellon, Secretive Donor, Gives $50 Million to Pro-Trump Group
▼ + stars: | 2024-06-20 | by ( Shane Goldmacher | Theodore Schleifer | ) www.nytimes.com time to read: +1 min

The group had only $34.5 million on hand at the end of April, and Mr. Mellon’s contribution accounted for much of the nearly $70 million that the super PAC raised in May. On Wednesday and Thursday, the super PAC began reserving $30 million in ads to air in Georgia and Pennsylvania around the Fourth of July holiday. Mr. Mellon is now the first donor to give $100 million in disclosed federal contributions in this year’s election. He was already the single largest contributor to super PACs supporting both Mr. Trump and Robert F. Kennedy Jr., who is running as an independent. Mr. Mellon has previously given $25 million to both.

Persons: Timothy Mellon, Donald J, Mellon, Trump, Robert F, Kennedy Jr Organizations: Trump, Make, Inc, Labor, PAC Locations: Georgia, Pennsylvania

☆ Election Updates: Trump shares, then deletes, a video with headlines about a ‘unified Reich’ if he wins.
▼ + stars: | 2024-05-21 | by ( Chris Cameron | ) www.nytimes.com time to read: +8 min

Mr. Trump’s campaign still lags far behind in total cash on hand, the April filings show. Mr. Trump is leading Mr. Biden in many polls, including recent New York Times/Siena College/Philadelphia Inquirer surveys that had the former president ahead in five of six top battleground states. Mr. Trump also continues to spend millions of dollars on legal bills, the filings show. Still, the filings and campaign statements reflect a busy fund-raising month for Mr. Trump. Save America also received $2.75 million in April from a super PAC backing Mr. Trump, Make America Great Again Inc., and $183,000 from a new joint fund-raising committee Mr. Trump has with the Republican Party.

Persons: Donald J, Trump, Biden, Biden’s, Trump’s, Money, Pete Marovich, Julie Chavez Rodriguez, “ We’re, “, Crooked Joe Biden, ” Mr, Timothy Mellon, Mellon, Robert F, Kennedy Jr, Kennedy’s, Nicole Shanahan, Kennedy, Shanahan Organizations: Republican Party, Mr, Democratic National Committee, Federal, Biden Trump, Republican, Republican National Committee, Biden, New York Times, Siena College, Philadelphia Inquirer, Radio City Music Hall, Democratic, The New York, Republicans, Trump, America, PAC, Make, Inc, Mellon Locations: Palm Beach, Fla, America, Hollywood, Wyoming

☆ It looks like Trump might regret RFK Jr.'s campaign
▼ + stars: | 2024-04-22 | by ( Madison Hall | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Conventional wisdom suggests that RFK Jr.'s presidential campaign could stop Biden from reelection. Biden leads Trump in an NBC News survey when third-party candidates are in the mix. AdvertisementFormer President Donald Trump's allies may end up regretting Robert F. Kennedy Jr.'s long shot presidential campaign. In the survey, NBC found that a greater share of Trump voters flock to the noted vaccine skeptic's campaign when their presidential choices are expanded beyond just Trump and Biden. Trump leads Biden by 2 points (within the margin of error) in a two-on-two rematch, but the advantage flips to Biden by the same margin when the field is expanded to Biden, Trump, Kennedy, Jill Stein, and Cornel West.

Persons: Biden, Trump, —, Donald Trump's, Robert F, Kennedy Jr, Kennedy, Joe Biden's, Jill Stein, Cornel West, Timothy Mellon, Mike Pence, Democrat — Organizations: RFK Jr, NBC, Service, NBC News, Trump, Biden, Kennedy, GOP, New, Democratic Party, The New York Times, Democrat, Democratic Locations: New York, The

☆ RFK Jr. qualifies for battleground Michigan’s ballot
▼ + stars: | 2024-04-18 | by ( Aaron Pellish | ) edition.cnn.com time to read: +3 min

CNN —Independent presidential candidate Robert F. Kennedy Jr. officially qualified for the ballot in Michigan, a key battleground state that could prove pivotal in deciding the outcome of the 2024 presidential election. Natural Law Party of Michigan chair Doug Dern told CNN the party nominated Kennedy in a convention on Wednesday. The Michigan Secretary of State’s office confirmed to CNN the party’s nomination has been approved and Kennedy will appear on the state’s ballot. In a hypothetical head-to-head matchup between Trump and Biden, Trump earned 48% support from Michigan voters, while Biden earned 45% support. Michigan is the second state where Kennedy has officially qualified for the ballot.

Persons: Robert F, Kennedy Jr, Kennedy, Nicole Shanahan, Doug Dern, Joe Biden, Donald Trump, Biden, Trump, Hillary Clinton, Gary Johnson, Jill Stein, Timothy Mellon Organizations: CNN, Independent, Natural Law Party, Natural Law Party of Michigan, Michigan, Trump, Biden, Democratic, Libertarian, Green Party, Democratic National Committee, Kennedy’s, GOP, Kennedy, Muslim, Committee, Federal, Commission, PAC Locations: Michigan, Grand Rapids , Michigan, Gaza, Utah, New Hampshire, Hawaii , Nebraska , Idaho, North Carolina , Iowa, Nevada

☆ Opinion: How Trump plans to win the presidency
▼ + stars: | 2024-04-12 | by ( Julian Zelizer | ) edition.cnn.com time to read: +6 min

A potentially successful multi-prong strategy with electoral, media, legal, legislative and third-party intervention appears to be in place. Julian Zelizer Larry LevantiWhile 2020 was about subverting the Electoral College, Trump has been trying to work the rules to his advantage in 2024. These tactics build on the ways that Trump’s campaign had moved to shift primary rules to favor him. Trump is also working the 24-hour cable news and social media ecosystem to his advantage. When a bipartisan group of senators pushed a right-of-center immigration and foreign aid bill, Trump rallied his House minions to subvert passage.

Persons: Julian Zelizer, Donald Trump, Julian Zelizer Larry Levanti, Trump, Joe Biden, —, Biden, MAGA, Marjorie Taylor Greene, Greene, Mike Johnson, Robert Kennedy Jr, Jill, Timothy Mellon — Organizations: CNN, Princeton University, New York Times, America, Twitter, Electoral College, Republicans, GOP, MAGA Republicans, FISA, Green, The New York Times, Inc, Cornel Locations: In Nebraska, New York, Trump’s, Ukraine

☆ DNC accuses pro-RFK Jr. super PAC of campaign finance violations
▼ + stars: | 2024-03-04 | by ( Aaron Pellish | ) edition.cnn.com time to read: +2 min

CNN —The Democratic National Committee has accused the super PAC backing Robert F. Kennedy Jr.’s presidential campaign of committing additional campaign finance violations on Monday, a further escalation of Democrats’ efforts to diminish Kennedy’s independent White House bid. The super PAC announced last week that it had gathered enough signatures to qualify Kennedy for appearance on the November ballot in Arizona and Georgia. “It’s clear that they, along with Robert F. Kennedy Jr. and his campaign, don’t believe that the rules apply to them.”CNN has reached out to American Values 2024, de Becker and the Kennedy campaign for comment. Democrats have paid for billboards outside multiple Kennedy campaign events in recent weeks boosting Mellon’s support for Kennedy. In addition to donating in support of Kennedy, de Becker’s company has provided security for Kennedy during his presidential run.

Persons: Robert F, Kennedy Jr, ’, Gavin de Becker, Kennedy, Mary Beth Cahill, de Becker, Timothy Mellon’s, Donald Trump, De Becker, de, Joe Biden Organizations: CNN, Democratic National, PAC, White, DNC, Federal, Commission, Republican, Democratic Locations: Arizona, Georgia

Mr. Trump, even as he seeks to bring the Republican Party fully on board with his renomination, faces significant questions about the political and financial impact of his many legal troubles. For one thing, both Mr. Trump and Mr. Biden are raising money through joint fund-raising committees, which do not have to file reports until April. Mr. Trump, on the other hand, is still fending off a primary challenger, Nikki Haley. And, perhaps more critically, committees backing Mr. Trump are spending millions each month on legal expenses. Mr. Trump faces four criminal indictments along with civil cases, which are proving costly.

Persons: Pete Marovich, Sean Rayford, Biden’s, Donald J, Trump, Biden, Trump’s, Nikki Haley, Haley, Trump’s divisiveness, Julie Chávez Rodríguez, Harris, Donald Trump, Donald Trump’s, Steven Cheung, MAGA, Timothy Mellon, Mellon, Robert F, Kennedy Jr Organizations: The New York Times, The New York Times Credit, Democratic Party, Republican Party, Federal, Democratic National Committee, Mr, Republican National Committee, Biden, Trump, Trump Save America, PAC Save America, Fox News, Save America, MAGA Inc, PAC, New York Times Locations: Iowa, New Hampshire, South Carolina, California

“It seems like a great opportunity to highlight that he’s running for president,” Ms. Shanahan said. “I do think we have an environmental health crisis in this country,” Ms. Shanahan said. Stefanie Spear, the press secretary for the Kennedy campaign, did not respond to a request for comment on Monday. Mr. Mellon’s role has raised eyebrows among some Democrats, with fears widespread in the party that Mr. Kennedy could siphon votes away from Mr. Biden. “Neither of us were willing to give up on the idea of the Super Bowl ad,” Mr. Lyons said.

Persons: Robert F, Kennedy Jr, John F, Kennedy, Nicole Shanahan, Sergey Brin, Ms, Shanahan, ” Ms, ”, ” Mr, “, ” Tony Lyons, Shanahan’s, Stefanie Spear, Brin, Biden’s, —, Biden, Emily Elconin, Lyons, Gavin de Becker, de Becker, Kennedy’s, Timothy Mellon, Donald J, Trump, Mr, he’s, Jim Rutenberg Organizations: Sunday, Google, CBS Sports, Paramount, Paramount Global, PAC, Bay Area, Democratic, Democratic National, Trump, Federal Locations: Bay, United States, New York

☆ RFK Jr. backer to spend $15 million to get him on 2024 ballots
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Robert F Kennedy Jr. announces his entry to the 2024 presidential race as an independent candidate in Philadelphia, Pennsylvania, U.S. October 9, 2023. REUTERS/Mark Makela/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - American Values 2024, a fundraising "Super PAC" supporting third party presidential candidate Robert F. Kennedy Jr., said on Tuesday it plans to spend up to $15 million getting him on the ballot in 10 states that will be important to winning the 2024 race. AV24 was on track to raise nearly $30 million after Kennedy, son of the Democratic senator who was assassinated in 1968, said in October he would run as an independent, AV24 co-founder Tony Lyons told Reuters. Millions have come from a former donor to Donald Trump, Timothy Mellon. Reporting by Heather Timmons Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert F Kennedy Jr, Mark Makela, Robert F, Kennedy Jr, Kennedy, AV24, Tony Lyons, Donald Trump, Timothy Mellon, Deirdre Golffard, Heather Timmons, Frances Kerry Organizations: REUTERS, Rights, Republican, Democratic, Super PAC, Reuters, Thomson Locations: Philadelphia , Pennsylvania, U.S, Arizona , California , Colorado , Georgia , Illinois , Indiana , Michigan, Nevada , New York, Texas

Democratic Presidential candidate Robert F. Kennedy Jr. speaks during The World Values Network's Presidential Candidate Series that discusses fighting antisemitism and championing Israel, in New York City, U.S., July 25, 2023. Kennedy's deep-pocketed backers and famous name, combined with a lack of broad enthusiasm for Biden and Trump, could help him take votes from their respective sides. "It could certainly siphon some votes from Trump, but it will certainly hurt Biden much more," said Republican strategist Ford O'Connell, who argued that Trump voters were more enthusiastic than Biden's. HIGH FAVORABILITY, TRUMP DONORKennedy has higher favorability ratings than either Trump or Biden, Reuters/Ipsos polling from September shows, with 51% of respondents having a favorable view of him compared to 45% for Biden and 40% for Trump. At 69, Kennedy might have an appeal to Americans looking for a younger candidate than Biden, 80, and Trump, 77.

Persons: Robert F, Kennedy Jr, Amr Alfiky, Democrat Joe Biden, Republican Donald Trump, Kennedy, Biden, Trump, Donald Trump’s, Matt Bennett, FiveThirtyEight, Ford O'Connell, Trump's, Paul Offit, George W, Bush, Ipsos, Cheryl Hines, Gavin de Becker, Timothy Mellon, Peter Daou, Joe Manchin, Joe Lieberman, Al Gore's, ProPublica, Lieberman, Jeff Mason, Heather Timmons, Lisa Shumaker, Grant McCool Organizations: Democratic, REUTERS, Rights, Democrat, Republican, Republicans, Trump, Independent, Biden, Health Defense, Children's, White House, Reuters, HIGH, TRUMP, RealClearPolitics, Mellon, America, Cornell West, Twitter, U.S, Thomson Locations: Israel, New York City, U.S, Philadelphia, Pennsylvania, Michigan, Georgia, Arizona, American Samoa, West Virginia

Financial filings this week from two super PACs supporting him, which together have raised nearly $10.5 million, seemed to underscore this theme. The pro-Kennedy super PAC American Values 2024 received the bulk of its money from two megadonors: one who has contributed tens of millions to Republican causes, and another who has backed both Democrats and Republicans. Timothy Mellon, a Wyoming Republican who contributed $53 million in stock to a Texas fund paying for construction of a new border wall, gave that super PAC $5 million. “The fact that Kennedy gets so much bipartisan support tells me two things,” Mr. Mellon, previously a top donor to former President Donald J. Trump, said in a statement issued by American Values 2024. Dozens of venture capitalists, tech executives, real-estate builders and investors with varying political alliances also contributed to the Kennedy-aligned PACs.

Persons: Timothy Mellon, Gavin de Becker, Jeff Bezos, Kennedy, Mr, Mellon, Donald J, Trump, ”, Kennedy’s, Biden Organizations: Kennedy, Republicans, Wyoming Republican, Amazon, Mr, Republican, Senate Locations: Wyoming, Texas

☆ RFK Jr's super PAC is mostly funded by a GOP megadonor who spent millions on Trump and bankrolled an effort to build a border wall in Texas
▼ + stars: | 2023-07-31 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

A major super PAC backing RFK Jr's campaign is mostly funded by Timothy Mellon. Mellon has given millions to GOP campaigns, including Trump, and bankrolled a border wall effort in Texas. Mellon cited Kennedy's "bipartisan support" in a statement to CNBC on his contribution to the super PAC. That includes:$20 million in contributions to America First Action, a super PAC that supported former President Donald Trump's 2020 re-election campaign. $30 million to Senate Leadership Fund, a super PAC associated with Senate Minority Leader Mitch McConnell.

Persons: Timothy Mellon, Mellon, He's, Robert F, Kennedy Jr, —, Kennedy, Kennedy's, Donald Trump's, Kevin McCarthy, Mitch McConnell, Greg Abbott, Andrew Mellon, Gavin De Becker, De Becker, Biden, he's Organizations: PAC, RFK, GOP, Trump, Service, Democratic, Federal, CNBC, Republican, America, Congressional Leadership Fund, Leadership Fund, Republican Gov Locations: bankrolled, Texas, Wall, Silicon, Mexico

☆ Meet the megadonors backing the Trump super PAC as some top donors opt out of supporting 2024 candidacy
▼ + stars: | 2022-12-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

Yet, the latest disclosure, which shows fundraising for the super PAC from Oct. 20 through Nov. 28, also lists nine other individual contributions totaling over $900,000. Wealthy businessman Timothy Mellon contributed $1.5 million to the super PAC on Oct. 5, according to the records. This small group of megadonors arrived in support of the super PAC just prior to other influential financiers deciding they will not back Trump's 2024 candidacy for president. During Trump's first run for the White House in 2016, Pate financed the anti-Trump super PAC We The People Foundation. Anthony Lomangino, a recycling mogul, donated $100,000 to the super PAC on Nov. 4.

☆ Trump's most important 2016 donor is sitting out 2020
▼ + stars: | 2020-07-24 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +20 min

Robert and Rebekah Mercer ranked among President Donald Trump's most influential backers in 2016. A representative for Priorities USA Action, a leading pro-Biden super PAC, said the organization wasn't underestimating Trump's reelection forces, Mercers or no Mercers. (Bossie, like former Trump campaign manager Corey Lewandowski and many others, has recently found himself back in Trump's favor.) The Cambridge Analytica data that the Trump campaign paid for was "so stupidly wrong" and a "complete joke," Spicer added. But sources familiar with the Mercers' political spending said they have no evidence that the Mercers are doing so.

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