All posts tagged "Money"

Donald Trump's economic stance has ushered in a wave of "reverse philanthropy" according to an expert who says the president sets a dangerous precedent.

Molly Jong-Fast wrote that Trump's second term has made it clear that he will "pay tribute to the greediest" if it means maintaining his power base in the White House. Writing in the New York Times, Jong-Fast shared what she believed were the groundworks of an anti-philanthropy stance from the president.

She wrote, "We’re living in the age of what I call reverse philanthropy: instead of giving, you get (See: his free 747.) And in setting this example, Mr. Trump is making our country’s rich people worse, by emboldening them to embrace his transactional style of governing."...

Democrat Kamala Harris obliterated Republican Donald Trump in July fundraising, with her presidential campaign raising more than $204 million — more than four times her opponent's haul for the month, new federal records indicate.

Trump's presidential campaign committee raised about $47.5 million during July, according to documents filed late Tuesday with the Federal Election Commission.

Even by contemporary political standards, where general election presidential candidates are expected to raise tens of millions of dollars every month, Harris' total is extraordinarily large — fueled by a rush of interest and energy for her campaign following President Joe Biden's withdrawal on July 21. ...

The finances of Republican nominee former President Donald Trump include gallons of red ink — particularly with the addition of recent legal judgments, according to a new presidential financial disclosure released Thursday.

Trump reported debts between $346 million and $455 million throughout 2023, from a legal judgments and property mortgages.

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

Throughout Pride Month, it has become increasingly common for corporations to adorn their websites in rainbow flags, espouse their support for LGBTQ+ rights and try to win over a community that has historically been stereotyped as having a disposable income. But some of those companies still steer big money to groups and politicians who oppose LGBTQ+ rights.

Chief Economist at the Koppa LGBTI+ Economic Power Lab, Lee Badgett, said that the idea that LGBTQ communities have more money to spend is a misrepresentation of the community as a whole....

Rep. Marjorie Taylor Greene (R-GA) purchased a new home in Washington, D.C., even after publicly bashing the nation's capital, according to a congressional financial disclosure.

Greene called Washington, D.C., a “crime ridden hell hole” and an “embarrassment” in a November 2022 tweet.

Fast forward to today, and Greene now owns a condo within the District of Columbia, valued between $500,001 and $1 million, according to her 2023 annual financial report filed on May 15 and recently made public....

President Joe Biden, who has never had a felony charge or conviction, wants supporters to sink the 2024 presidential candidate who has — with money.

“Despite a jury finding Donald Trump guilty today, there is still only one way to keep Donald Trump out of the Oval Office: At the ballot box,” said a text from Biden’s campaign to supporters. “Convicted felon or not, Trump will be the Republican nominee for president.

ALSO READ: 8 ways convicted felon Donald Trump doesn't become president...