Campaign finance reports and analysis from reliable political finance tracking organizations

Trump's Political Network Receives 68% from Billionaires, Outpacing Democrats' 59%, Says sbg1

Oct 18, 2024, 03:01 PM

A recent analysis highlights the evolving relationship between Donald Trump and America's billionaire donors, revealing that as of late August, 68% of contributions to Trump's political network came from major donors, compared to 59% for Democrats. This trend indicates that Trump is increasingly reliant on billionaire support for his campaign. The piece, authored by a New Yorker writer, explores how many of these billionaires, who once criticized Trump, have come to support him again, suggesting a complex dynamic within the Republican financial landscape. The article emphasizes the expectations these donors have in return for their financial backing, shedding light on the motivations behind their contributions.