Tech and finance kingmakers: How billionaires from Musk to Soros are fueling this midterms season
In 2010, the Supreme Court issued Citizens United v. Federal Election Commission, a landmark ruling that overturned certain campaign finance restrictions. Since then, spending by billionaires on American elections is up 160%, and more than $2.6 billion poured into the 2024 presidential election alone. This midterm cycle is on track to set a record for election participation by billionaires, according to Americans for Tax Fairness. Billionaires across the political spectrum, from Elon Musk...
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