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Koch Brothers won’t fund Trump in 2020: report

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David Koch, brother of Charles Koch. Photo by Gage Skidmore.

The Koch network has informed donors that it won’t back Donald Trump’s 2020 reelection campaign — and that it won’t fund any other presidential candidates either.

The Washington Post reported Thursday that people familiar with conversations said the network run by billionaire brothers Charles and David Koch have “quietly relayed” to donors their decision in recent months.

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The move “comes as the network has sought to shift attention from its political activities to its investments in education and philanthropy,” the Post noted.

In spite of the network’s decision to stay out of the presidential race, it will still support candidates for Senate and governor through its various groups like Americans for Prosperity.

Koch network Spokesman James Davis told the Post the organization plans to “significant investment to support policy champions in Senate, House and state races, build broad-based policy coalitions, and to launch a major new initiative to fight poverty in America.”


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WATCH: Bob Woodward grilled on HBO about Trump supporters being disconnected from reality on COVID

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Pulitzer Prize-winning journalist Bob Woodward was taken to task for failing to warn Americans that Donald Trump's public statements on coronavirus were the exact opposite of what he actually believed.

Axios reporter Jonathan Swan interviewed Woodwood on "Axios on HBO" for an episode that aired on Monday.

Swan noted Woodward recorded Trump admitting that COVID was dangerous on March 19th, but instead of immediately warning America by publishing the bombshell, he saved it for his book Rage -- which was published on September 15th.

Woodward claimed that the world already knew the facts on coronavirus by the 19th of March, but Swan pushed back and pointed out that many of Trump's supporters ignore reality and instead trust Trump -- even when his views are not backed up by science or reality.

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‘It was all a hoax’: NYT destroys Trump’s claims of business success — in second blockbuster on his taxes

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President Donald Trump's tax returns have resulted in a second bombshell story by The New York Times.

"From the back seat of a stretch limousine heading to meet the first contestants for his new TV show “The Apprentice,” Donald J. Trump bragged that he was a billionaire who had overcome financial hardship. 'I used my brain, I used my negotiating skills and I worked it all out,” he told viewers. “Now, my company is bigger than it ever was and stronger than it ever was.' It was all a hoax," the newspaper reported Monday evening.

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2020 Election

Trump campaign accused of ‘laundering’ 170 million — companies linked to Brad Parscale are implicated: report

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The Trump campaign may be in legal hot water after a new complaint accused the organization of money laundering.

"The Campaign Legal Center, a nonpartisan campaign finance watchdog group, filed a complaint with the Federal Elections Commission Tuesday accusing the Trump campaign of “laundering” $170 million through numerous companies, some with connections to former Trump campaign manager Brad Parscale," Forbes reported Monday.

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