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Few New Mega-Donors Join 2016 Fundraising

The 2016 presidential race may be a whole new ball game in terms of fundraising, but most of the players’ names are awfully familiar — even if their faces are a bit more lined. Very few of the top donors to the super PACs backing one of the many GOP White House hopefuls or handful…

A few new faces — but not many — among megadonors to presidential super PACs

The 2016 presidential race may be a whole new ball game in terms of fundraising, but most of the players’ names are awfully familiar — even if their faces are a bit more lined. Very few of the top donors to the super PACs backing one of the many GOP White House hopefuls or handful…

Oligarchy Of Super PAC Megadonors Have Conquered American Politics

9 hours agoNews : Huffington Post

WASHINGTON -- A new oligarchic era of American politics came into full view on Friday, as super PACs disclosed fundraising details showing billionaires bankrolling the 2016 presidential race to an unprecedented degree.  The unlimited-money...Show More Summary

Super PACs’ Spent Millions Before Candidates Announced, Filings Show

10 hours agoNews : NYTimes: News

Acting as shadow campaigns, the political committees backing the major presidential candidates supported them with tens of millions of dollars in chartered planes, luxury hotel suites, opposition research, high-priced lawyers and more, spending reports showed Friday.

“‘Super PACs’ Spent Millions Before Candidates Announced, Filings Show”

Eric Lichtblau for the NYT: Acting as shadow campaigns, the political committees backing the major presidential candidates supported them with tens of millions of dollars in chartered planes, luxury hotel suites, opposition research, high-priced lawyers and more, spending reports showed … Continue reading ?

“Bush not a candidate? Super PAC’s spending reveals otherwise”

Reuters: The first report of Republican presidential candidate Jeb Bush’s Super PAC, made public Friday, reveals for the first time, election lawyers say, just how much the group, Right to Rise, functioned as a kind of shadow campaign for Bush. … Continue reading ?

Ted Cruz Super PAC Donors: Some Divided Loyalties

A network of super PACs supporting Texas Sen. Ted Cruz’s presidential campaign has collected almost $38 million, but some of the money came from people with divided loyalties.

Larry Ellison Among 4 Big Donors to Marco Rubio Super PAC

A super PAC backing the presidential campaign of Sen. Marco Rubio of Florida collected $16 million in the first six months of the year, with three quarters of the money coming from just four donors.

Rick Perry Super PACs: Home State Billionaires Deliver

Two super PACs supporting Rick Perry raked in more than $11 million from just two Texas billionaires.

Wisconsin Billionaire Gives $5 Million to Walker Super PAC

About 60% of the money raised by the super PAC backing Wisconsin Gov. Scott Walker came from just four individuals and companies, a disclosure filed with the Federal Election Commission on Friday showed.

Pro-Huckabee PAC’s Big Donation: Not Chicken Feed

The super PAC backing former Arkansas Gov. Mike Huckabee received the lion’s share of its money from a single donor, Ronald M. Cameron, a major poultry producer in his home state.

As Deadline Neared, $1 Million Checks Boosted Clinton Super PAC

Priorities USA Action, the primary super PAC backing Democratic frontrunner Hillary Clinton, raised $15.6 million in the first half of the year from 33 donors, a filing with the Federal Election Commission on Friday showed.

It looks as if Chris Christie's got himself another billionaire

Steve Cohen, the billionaire hedge fund manager and founder of Point72 Asset Management, has donated $1 million to the "super PAC" supporting New Jersey Gov. Chris Christie (R), according to government filings. His wife, Alexandra, who runs the Cohen family charitable organization, has also donated $1 million to the group, America Leads. Show More Summary

Billionaires Donate Early in Presidential Race

“Billionaires are bankrolling the early days of the 2016 presidential campaign to an unprecedented degree, with at least 40 of the wealthiest Americans plowing $60 million into super PACs aligned with the top tier of candidates,” the Wall Street Journal [...]

What Gets Dumped Today?

First Read notes “it’s the filing deadline for super PACs to report their hauls to the FEC. Once again, it’s a document dump Friday – and smack-dab in the middle of summer vacation time, too. What else gets dumped today [...]

Why did a Ted Cruz super PAC give $500,000 to Carly Fiorina’s?

A super PAC supporting former tech executive Carly Fiorina's run reported raising $3.5 million -- with a half-million dollar lift from a super PAC supporting GOP presidential rival Sen. Ted Cruz (R-Tex.). The pro-Cruz PAC, Keep the Promise I, reported the disbursement Friday in a document filed with the Federal Election Commission. That is...unusual, to […]

Rubio super PAC fundraising haul lifted by billionaire businessman

Billionaire auto dealer Norman Braman donated $5 million to Conservative Solutions PAC, an allied super PAC supporting Sen. Marco Rubio's bid for the Republican presidential nomination. A document filed with the Federal Election Commission Friday shows that Braman donated the money in three different installments; the first for $1.5 million in April; an additional $1.5 […]

Hedge fund magnate donates $11 million to Cruz super PAC

Hedge-fund magnate Robert Mercer contributed $11 million to the Keep the Promise I super PAC, which is supporting Sen. Ted Cruz's bid for the Republican presidential nomination, a Federal Election Commission filing revealed Friday. Mercer's donation is the largest single donation by any donor to a super PAC reported thus far. That single donation accounts […]

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