Tech and finance kingmakers: How billionaires from Musk to Soros are fueling this midterms season
In 2010, the Supreme Court issued Citizens United v. Federal Election Commission , a landmark ruling that overturned certain campaign finance restrictions. Since then, spending by billionaires on American elections is up 160%, and more than $2.6 billion poured into the 2024…
In 2010, the Supreme Court issued Citizens United v. Federal Election Commission , a landmark ruling that overturned certain campaign finance restrictions. Since then, spending by billionaires on American elections is up 160%, and more than $2.6 billion poured into the 2024…
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Why it matters
This event describes billionaire political spending trends in U.S. midterms, which is notable socio-politically but does not directly affect credit markets, underwriting, or financing conditions.
Sources
Fast Company
Tech and finance kingmakers: How billionaires from Musk to Soros are fueling this midterms season
In 2010, the Supreme Court issued Citizens United v. Federal Election Commission , a landmark ruling that overturned certain campaign finance restrictions. Since then, spending by billionaires on American elections is up 160%, and more than $2.6 billion poured into the 2024…