RNC chair tells donors not to trust the Kochs

Republican National Committee chairwoman Ronna McDaniel sent a memo out to GOP candidates and supporters Thursday, warning them to not expect money from the Koch network ahead of the midterm elections, Reuters reports.

Billionaires Charles and David Koch founded the network, which includes dozens of donors who want to see lower taxes, fewer regulations, and free trade. The network has given millions to Republican candidates and causes, but at a conference last weekend, Charles Koch and his deputies said they were concerned about President Trump imposing billions in tariffs on goods from Canada, China, Mexico, and the European Union. The tariffs translate to higher prices in the United States and could lead to a recession, Koch network officials said, warning that they might support Democrats this election cycle.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.