This Billionaire Donated $100 Million to Trump and RFK Jr.'s Super PACs
This Billionaire Donated $100 Million to Trump and RFK Jr.'s Super PACs
Timothy Mellon, a conservative billionaire, has given $75 million to Trump’s super PAC and $25 million to a pro-Kennedy group.
The best part about late stage capitalism is that all the worst people have all the money to do whatever the hell they want.
Timothy Mellon, a conservative banking heir
Holy crap. What a darling.
Isn't there a limit for an individual for political donations?
The answer is yes. That's why PACs exist. You are not donating to the candidates. You are donating to an organization that promotes the candidate.
This is the best summary I could come up with:
Conservative billionaire Timothy Mellon donated $50 million to a super PAC supporting Donald Trump on May 31, the day after the former president was convicted in his New York hush money trial.
Mellon has now given a total of $75 million to support the pro-Trump super PAC this election cycle, according to a Rolling Stone review of campaign finance records.
Taken together, Mellon has donated roughly 42 percent of the total raised by the super PACs boosting Trump and Kennedy.
Last month, the super PAC touted its recent fundraising success to The New York Times, telling the paper that it had raised $70 million in May.
It turns out $50 million — or more than 70 percent of that haul — came from one donor, Mellon, immediately after Trump became the first former president to be convicted of felony crimes.
According to a MAGA Inc. memo reviewed by the Times, the super PAC intends to spend its recent donations to help Trump win Black and Latino voters, and also support his campaign in key Rust Belt states.
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