Tag

Billionaire Donors

All articles tagged with #billionaire donors

politics1 year ago•4 min saved

Kelly Loeffler Tapped for Agriculture Secretary Amid Controversy

President-elect Donald Trump is expected to nominate former Senator Kelly Loeffler as Agriculture Secretary, following significant financial support from her and her husband, Jeff Sprecher, during his campaign. Loeffler, a major GOP donor and former business executive, has faced controversy over stock trades during her brief Senate tenure. Her appointment is part of Trump's trend of rewarding loyal allies and major donors with key positions in his administration.

via Forbes|

#agriculture-secretary #billionaire-donors #donald-trump

politics1 year ago•1 min saved

"Trump's Billionaire Fundraiser: A Glowing Review and Record-Breaking Donations"

Billionaire Trump donor Woody Johnson praised Trump's character and fundraising abilities, claiming that the former president "impressed" attendees at a recent fundraiser in Palm Beach. Johnson described the event as "unbelievable" and emphasized the substantial $50 million sum raised, which he noted was double what President Biden raised at a recent fundraiser. Johnson also highlighted Trump's humor and compassion, and expressed confidence in his potential for a second term. Meanwhile, Trump is facing legal challenges and financial pressures, resorting to unconventional fundraising methods, while the Republican National Committee co-chair has pledged that all donations will go toward Trump's re-election bid.

via The Daily Beast|

#billionaire-donors #donald-trump #fundraiser

politics1 year ago•4 min saved

"Sources: Billionaires Sought to Fund Trump Bond in Civil Fraud Case"

Major Republican donors, including billionaire hedge fund founder John Paulson and oil and gas magnate Harold Hamm, were reportedly working to help U.S. presidential candidate Donald Trump fund the original bond amount needed to cover his $454 million civil fraud judgment. Trump won a bid to delay the enforcement of the judgment by posting a smaller $175 million bond within 10 days. The potential help from Trump's billionaire allies highlights the role of big donor money in the presidential election as Trump faces financial challenges amid legal judgments and expenses.

via Reuters|

#billionaire-donors #bond-funding #civil-fraud-case

politics2 years ago•4 min saved

"NYC Mayor Eric Adams' Legal Defense Fund Draws Big Contributions from Billionaires"

New York City Mayor Eric Adams has spent over $400,000 on legal costs for a federal investigation into his 2021 campaign, with the bulk going to a white shoe law firm. His reelection campaign also spent over $181,000 on his former fundraiser, whose home was raided by the FBI. Adams' legal defense fund has raised over $732,000 from individual donors, including billionaire donors like Alexander Rovt and Mike Bloomberg. Despite the investigation and low poll numbers, Adams' reelection campaign has raised $525,000, with former Rep. Max Rose being a top fundraiser. No serious challengers have emerged to run against Adams.

via POLITICO|

#billionaire-donors #eric-adams #federal-investigation

jurisprudence2 years ago•5 min saved

The Ethics Debate Surrounding Justice Alito's Fishing Trip.

Justice Samuel Alito's acceptance of a free flight and stay at a private resort in Alaska, organized by the Federalist Society's Leonard Leo and funded by Leo's billionaire donors, raises questions about the influence of wealthy donors on the Supreme Court. While Alito claims he did not know about the involvement of a hedge fund magnate with business before the court, the real issue is the grifting of billionaires assigned to individual justices for lavish gift giving and influence. The focus should be on the influence scheme, not just the ethics scandal.

via Slate|

#billionaire-donors #ethics-scandal #federalist-society