House Oversight Subpoenas Hunter and Jim Biden's Personal Bank Records
Major Financial Institution Gives Its Prediction on the Looming Government Shutdown
Shifting Disinformation Standards
The Associated Press Tried to Bring Down Rumble and the GOP Debate in...
Senate Comes to Unanimous Agreement on Dress Code
Newsom Says He 'Baited' DeSantis Into Debate
MTG Obliterates Democrats With New Photos From Hunter Biden’s Laptop
Liberal Media Sidelines Biden Impeachment Inquiry
Virginia Democrats Double Down on Extreme Position Defending Abortion Until and After Birt...
You Won't Believe What Gavin Newsom Just Admitted About Trump
Social Media Reacts to Chaotic GOP Debate, and It's Not Good
DeSantis Continues to Hammer Trump on Spending With New 'Veto Pen' Merchandise
Poll: Republicans See Trump As a ‘Person of Fath’ More Than Pence, Romney
Fact-Check Time: Haley Says DeSantis Banned Fracking in Florida During 2nd GOP Debate
Here's When Kari Lake Plans to Announce a 2024 Senate Run
Tipsheet
Premium

Dems 'Hate' Dark Money, But Report Reveals a Foreign Billionaire Has Been Bankrolling Them for Years

AP Photo/Manuel Balce Ceneta

Opposition to dark money in politics is a widely-used talking point on the campaign trail for Democrats, as they claim to be against corporate donations and outside interest groups. But a new report from The New York Times reveals that Democrats benefited from dark money donated by a foreign billionaire, who bankrolled progressive groups between 2016 and 2020.

Here's more on Swiss billionaire Hansjörg Wyss, via The NYT:

Newly obtained tax filings show that Mr. Wyss’s foundations donated $208 million from 2016 through early last year to three nonprofit funds that doled out money to a wide array of groups that backed progressive causes and helped Democrats in their efforts to win the White House and control of Congress last year.

Mr. Wyss’s representatives say his foundations’ money is not being spent on political campaigning. But documents and interviews show that his foundations have come to play a prominent role in financing the political infrastructure that supports Democrats and their issues.

While most of his operation’s recent politically oriented giving was channeled through the three nonprofit funds, Mr. Wyss’s foundations also directly donated tens of millions of dollars since 2016 to groups that opposed former President Donald J. Trump and promoted Democrats and their causes.

Receipts show that the exhausted talking point is not backed up by contributions to Democrats; dark money boosted candidates in the 2020 election cycle to the tune of $1 billion and predominantly benefited Democrats. 

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement