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Billionaire Timothy Mellon has poured $165 million into 2024 elections — mostly for Trump

Billionaire Timothy Mellon has poured $165 million into 2024 elections — mostly for Trump

This story was originally published by OpenSecrets.

Timothy Mellon, heir to Gilded Age industrialist Andrew Mellon, has continued to pour tens of millions into the campaigns of former President Donald Trump, Robert F. Kennedy Jr. and Republican congressional candidates in 2024.

Mellon has pumped over $165 million into the 2024 election, making him the top donor fueling outside spending groups this year. Mellon is known as a “guardian angel donor,” a term given to contributors who are a political group’s top donor and account for more than 40% of the group’s funding....

Outside spending in 2024 federal election tops $1 billion

Outside spending in 2024 federal election tops $1 billion

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

Outside spending in the 2024 election cycle has surpassed $1 billion, outpacing prior election cycles, according to a new OpenSecrets analysis of federal campaign finance reports.

Super PACs and other outside groups that can raise and spend unlimited sums of money have poured about $1.1 billion into 2024 federal elections as of Aug. 15 — nearly twice what similar groups spent over the same period in the 2020 presidential election cycle when independent expenditures hit an all-time record. ...