All articles tagged with #super pac
Trump's MAGA Inc. super PAC has grown to about $400 million in cash by the end of June, adding roughly $18 million since June, and has raised nearly $100 million this year, but it has not spent to directly support GOP candidates in the midterms, instead incurring administrative and fundraising costs; Republicans question the delay in deploying the war chest as the midterms approach.
Anthropic CEO Dario Amodei gave $1 million to Public First, a super PAC backing stricter AI safeguards, signaling a deepening tie between the AI industry and political groups as dueling pro- and anti-regulation factions battle around New York’s Nadler race; additional Anthropic staff and donors from Google DeepMind and OpenAI contributed to related groups, highlighting the industry’s role in shaping AI policy through campaign spending.
Federal Election Commission filings show conservative groups funded liberal-sounding super PACs that spent hundreds of thousands boosting Democratic primary contenders across multiple states to influence general-election matchups; notable moves include Lead Left PAC's more than $750,000 buy in Texas' 35th District that helped Maureen Galindo (who lost the runoff), with Real Change PAC and California Blue PAC active in New Jersey, Maine and California; Democrats condemned the meddling as a tactic in the post-Citizens United campaign-finance era.
Meta has poured $65 million into two California-focused super PACs—the American Technology Excellence Project and Mobilizing Economic Transformation Across California—to back state candidates it views as friendly to AI and tech interests, signaling a shift toward state-level influence as federal AI regulation stalls. The contributions include $45 million to ATEP and $20 million to the California PAC, with potential further funding as the year progresses.
A new California-focused super PAC, California Leads, launched with about $10 million from Google and Meta to back pragmatic candidates for the California Legislature; it will use research, polling and candidate interviews to target races, led by Nathan Click with Scott Kozar, Dave Metz and Austin Heyworth. Google and Meta each seeded roughly $5 million, and donors say they won’t dictate which races are pursued.
Former President Trump’s super PAC, MAGA Inc., has amassed approximately $200 million, making it a significant force in upcoming Republican primaries and the 2026 midterm elections, largely funded by high-profile donors including Elon Musk and Silicon Valley executives. This unprecedented fundraising effort raises concerns among some Republicans about its influence and potential to sway party dynamics, with the money primarily aimed at supporting Trump-endorsed candidates and attacking rivals.
Louisiana Senator Bill Cassidy receives a $2.5 million support boost from the Louisiana Freedom Fund super PAC amid a challenging primary, as he maintains a significant cash advantage over opponents despite a GOP revolt over his impeachment vote. Meanwhile, Senate Republicans oppose Democratic funding cuts, House Republicans navigate cryptocurrency legislation, and investigations into former President Trump and other political figures continue. The political landscape remains highly dynamic with ongoing debates over campaign funding, legislative priorities, and investigations.
Elon Musk announced plans to create the 'America Party' to represent centrist voters, but face significant hurdles such as ballot access laws, federal regulations, and the challenge of building a viable political brand. He could pursue options like forming a super PAC or collaborating with existing third parties to influence elections without the need for official party certification.
Trump allies have formed a super PAC called MAGA KY to target Rep. Thomas Massie, a Kentucky Republican who opposed Trump's policies and criticized his Iran strikes, highlighting internal party conflicts and Trump's efforts to influence his congressional allies.
Billionaire Michael Bloomberg has donated $5 million to a super PAC supporting Andrew Cuomo's bid for New York City mayor, marking a significant financial boost and a shift in his stance from previous rivalries, as Cuomo faces a competitive primary against Zohran Mamdani.
Donald Trump's super PAC, Make America Great Again, Inc., is organizing a high-priced fundraising event at Mar-a-Lago, Florida, where attendees are required to pay $1 million per person for a 'candlelight' dinner with the president-elect. This event follows the super PAC's significant financial efforts in the recent election.
Elon Musk funded a last-minute $20 million campaign by the RBG PAC to support Donald Trump in the 2024 election, falsely claiming Trump shared the same abortion stance as the late Justice Ruth Bader Ginsburg. The campaign strategically avoided disclosing its donors until after the election, revealing Musk's involvement. The ads misleadingly suggested Trump opposed a federal abortion ban, despite his history of appointing justices who overturned Roe v. Wade.
Donald Trump's team is reportedly planning to launch its own super PAC to compete in the 2026 Senate races, amid concerns that the Senate GOP's campaign arm and its allied super PAC are hiring individuals perceived as 'Never Trumpers.' This move could disrupt traditional GOP fundraising and campaign strategies, potentially leading to a split among Republican donors. The tension arises as South Carolina Sen. Tim Scott takes over as chair of the National Republican Senatorial Committee, with Trump's allies pushing for leadership that aligns with Trump's vision.
Elon Musk and his pro-Trump super PAC are facing lawsuits from two swing state voters who accuse them of fraud related to a $1 million daily election giveaway. The lawsuits claim the contest was not random and favored Republican supporters, while also alleging it was used to drive traffic to Musk's social media platform and collect personal data. Despite concerns from the Justice Department and a lawsuit from Philadelphia's District Attorney, a judge allowed the giveaway to proceed.
Founders of venture firm Andreessen Horowitz, Marc Andreessen and Ben Horowitz, plan to make significant donations to pro-Trump super PACs, joining other tech figures like Joe Lonsdale and the Winklevoss twins in supporting Trump's campaign.