Latest Political action committees News
Maine's voter-approved limit on PAC contributions triggers lawsuit in federal court
PORTLAND, Maine (AP) — A pair of conservative groups on Friday challenged a Maine law that limits donations to political action committees that spend independently in candidate elections, arguing that money spent to support political expression is "a vital feature of our democracy.” ...
Elon Musk warns Republicans against standing in Trump's way — or his
DES MOINES, Iowa (AP) — A week after President-elect Donald Trump’s victory, Elon Musk said his political action committee would “play a significant role in primaries.” The following week, the billionaire responded to a report that he might fund challengers to GOP House...
Elon Musk funded a super PAC comparing Trump's position on abortion to Ruth Bader Ginsburg's
Elon Musk was the sole funder of a super PAC formed less than a month before the election that focused on advertising intended to convince voters that Donald Trump 's stance on abortion was akin to that of late Supreme Court Justice Ruth Bader Ginsburg. A group titled RBG PAC, formed...
Trump names billionaire investment banker Warren Stephens as his envoy to Britain
WASHINGTON (AP) — President-elect Donald Trump has named billionaire investment banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this year included $2 million to a Trump-backing super PAC. Trump, in a post on his...
Prosecutor failed to show that Musk’s $1M-a-day sweepstakes was an illegal lottery, judge says
PHILADELPHIA (AP) — The $1 million voter sweepstakes linked to billionaire Elon Musk was allowed to continue through Election Day because Philadelphia’s top prosecutor failed to show that it was an illegal lottery, a judge said in a new opinion. District Attorney Larry Krasner...
Elon Musk's PAC spent an estimated $200 million to help elect Trump, AP source says
WASHINGTON (AP) — Elon Musk's super PAC spent around $200 million to help elect Donald Trump, according to a person familiar with the group's spending, funding an effort that set a new standard for how billionaires can influence elections. The billionaire Tesla and SpaceX CEO...
A voter-approved Maine limit on PAC contributions sets the stage for a legal challenge
PORTLAND, Maine (AP) — Maine residents this week overwhelmingly approved a referendum to limit donations to political action committees that spend independently in candidate elections, setting the stage for a legal showdown over caps on individual contributions to so-called super PACs that spend...
Elon Musk’s $1 million-a-day voter sweepstakes can proceed, a Pennsylvania judge says
PHILADELPHIA (AP) — The $1 million-a-day voter sweepstakes that Elon Musk 's political action committee is hosting in swing states can continue through Tuesday’s presidential election, a Pennsylvania judge ruled Monday. Common Pleas Court Judge Angelo Foglietta — ruling after...
Pennsylvania challenge of Elon Musk's $1M-a-day voter sweepstakes moves back to state court
PHILADELPHIA (AP) — A legal fight over Elon Musk’s $1 million-a-day voter sweepstakes is back in state court in Pennsylvania, a loss for the billionaire, after a federal judge said Friday that he doesn't have jurisdiction. Philadelphia District Attorney Larry Krasner wants to...
Musk tests the role of money in U.S. politics with multimillion-dollar effort to back Trump
WASHINGTON (AP) — Next week’s presidential election isn’t just a referendum on Donald Trump and Kamala Harris. It’s also a measure of the influence the world’s richest man wields over American democracy. Elon Musk, the South African-born tech and business titan, has spent...
