Trump vs Harris: Who is megadonors’ favorite and why?
Trump vs Harris: Who is megadonors’ favorite and why?
Fifty megadonors have collectively poured over $2.5 billion into political committees and other organizations supporting Democrats and Republicans, according to The Washington Post. The ongoing election cycle “is poised to become the most expensive federal election ever,“ Axios reports, adding that individual contributors have played an “outsized role“ in the 2024 race.
“In the period 1988 to the present, the emergence of unregulated globalism has created an opportunity for big investors to really not just curry favor with big governments, but to basically pick and choose leaders and key officials in these governments, either to protect themselves from prosecution or to put themselves in a position where they can reap large financial rewards off of their government connections,“ Wall Street analyst Charles Ortel told Sputnik.
Referring to the Biden and Clinton families’ suspected influence peddling schemes, the analyst noted that...
Source: Sputnik International
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