Edward Carver is a staff writer for Common Dreams.
Just 50 donors have contributed more than $1.5 billion in total to the 2024 federal elections, The Washington Post reported Monday, based on an analysis of Federal Election Commission data. The Post's top 50 list, which includes contributions reported by August 20, is comprised mainly of individual megadonors but also includes some organizations.
The top individual Democratic donor is Michael Bloomberg at $41 million. The list's top organizational donor is Coinbase, a corporation that hosts a cryptocurrency exchange platform and pushes for deregulation of the industry. Coinbase made an $86 million contribution to the pro-crypto super PAC Fairshake, which spent heavily to influence primaries in both parties. For example, Fairshake spent $2 million to help defeat Rep.
Dark Money Kenneth Griffin Super Pacs Timothy Mellon Election 2024
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