The defection of two Republican senators has imperiled President Trump’s nomination of Michigan billionaire Betsy DeVos to serve as Secretary of Education. DeVos has contributed $5,000 to Susan Collins’ campaigns, but Lisa Murkowski’s no-vote was perhaps an even bigger surprise. DeVos’ family businesses have contributed $33,400 to Murkowski’s political campaigns since 1989, according to OpenSecrets.
By Andrew Mccathie, dpa Munich (dpa) — Formula One chief Bernie Ecclestone’s bribery trial ended Tuesday after a Munich court accepted his record 100-million-dollar settlement offer. The 83-year-old British billionaire agreed to make the payment within one week. Prosecutors also approved the settlement. “He leaves this court a free man,” a court spokeswoman said. Ecclestone […]
By Evan Halper, Tribune Washington Bureau WASHINGTON — One of President Barack Obama’s wealthiest supporters is pledging to spend at least $50 million in a bid to make climate change the central issue in hotly contested elections in New Hampshire, Florida, Michigan and a few other battleground states. A group run by California billionaire Tom Steyer […]
Billionaire Sheldon Adelson thinks he’s learned something from the 2012 GOP primary. His sudden cash infusion into a Newt Gingrich SuperPAC in late 2011 helped finance the King of Bain “documentary” that made Mitt Romney’s private equity background an issue — in a Republican primary. This assault on the way Bain did business not only […]