At the beginning of campaign season, the Koch brothers and their extensive network announced their fundraising goal for 2016 election spending was about $300 million. But in October that estimate was revised to $250 million — and it could drop lower still if the presidential race ends up being between Hillary Clinton and Donald Trump.
"I could see the network not participating in the presidential election at all," an unnamed senior Koch official told Vanity Fair in an article published Thursday. Both candidates are deeply unpopular in the Koch network, though some Koch donors might back Trump if he competes against Bernie Sanders, scion of democratic socialism, in the general election.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
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.
-
Big Oil doesn't need to 'drill, baby, drill'In the Spotlight Trump wants to expand production. Oil companies already have record output.
-
Today's political cartoons - November 25, 2024Cartoons Monday's cartoons - guest list, down the toilet, and more
-
Should blood donors be paid?The Explainer Financial rewards would help fill NHS shortfall but bring risk of contamination and exploitation, WHO warns
-
Global court issues arrest warrant for NetanyahuSpeed Read The International Criminal Court issued warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant, who stand accused of war crimes
-
Gaetz bows out, Trump pivots to Pam BondiSpeed Read Gaetz withdrew from attorney generation consideration, making way for longtime Trump loyalist Pam Bondi
-
GOP's Mace seeks federal anti-trans bathroom banSpeed Read Rep. Nancy Mace of South Carolina has introduced legislation to ban transgender people from using federal facilities
-
Ukraine fires ATACMS, Russia ups hybrid warSpeed Read Ukraine shot U.S.-provided long-range missiles and Russia threatened retaliation
-
New York DA floats 4-year Trump sentencing freezeSpeed Read President-elect Donald Trump's sentencing is on hold, and his lawyers are pushing to dismiss the case while he's in office
-
Wyoming judge strikes down abortion, pill bansSpeed Read The judge said the laws — one of which was a first-in-the-nation prohibition on the use of medication to end pregnancy — violated the state's constitution
-
US sanctions Israeli West Bank settler groupSpeed Read The Biden administration has imposed sanctions on Amana, Israel's largest settlement development organization
-
Gaetz ethics report in limbo as sex allegations emergeSpeed Read A lawyer representing two women alleges that Matt Gaetz paid them for sex, and one witnessed him having sex with minor
