In a recent disclosure, a super Political Action Committee (PAC) aligned with President Donald Trump has amassed a significant amount of over $304 million, a move that could majorly influence the upcoming midterm elections.
Tech And Wall Street Fuel MAGA Inc.
MAGA Inc., the PAC aligned with Trump, has accumulated a substantial cash reserve between July 1 and December 22. A significant share of the total came from Greg Brockman, OpenAI’s co-founder, who donated $25 million to the super PAC in September, nearly a quarter of the roughly $102 million MAGA Inc. raised during the period.
Another prominent donor is Republican mega-donor Stephen Schwarzman, who gave $5 million to MAGA Inc. last month. Schwarzman, the CEO of global investment firm Blackstone (NYSE:BX), has also backed Trump’s White House ballroom project.
Besides, e-cigarette maker Juul Labs and Jared Isaacman, the …Full story available on Benzinga.com
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