Quite a bit happened in presidential politics this summer. But the money behind much of it has been somewhat hidden — until now.

Much of the big money that flowed into outside groups to support former President Donald J. Trump, President Biden and then Vice President Kamala Harris was disclosed on Tuesday in filings with the Federal Election Commission.

Both Ms. Harris’s and Mr. Trump’s joint fund-raising committees — organizations that accept donations of up to nearly $1 million — shared their lists of donors, revealing celebrity and billionaire backers. Ms. Harris has been on an enormous fund-raising binge since assuming the Democratic nomination this summer, and her high-dollar group raised more than four times the amount that Mr. Trump’s did.

The very biggest donations were routed to super PACs, which do not have contribution limits. And while Ms. Harris’s main super PAC has disclosed its contributions monthly, most of Mr. Trump’s groups had not done so since July.

Here are some big-money highlights of the new financial disclosure reports, which tell the story of the third quarter: July, August and September.

Elon Musk, the world’s richest man and the leader of Tesla and X, has invested $75 million in the super PAC that he created earlier this year, America PAC, according to the most-anticipated filing of Tuesday’s deadline. That total was actually a bit less than some people close to the group thought he might donate; they expected Mr. Musk to clear $100 million in giving from July to September.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *