Bloomberg to spend $80M on Democrats in midterms, US media report
Michael Bloomberg will spend $80 million to help Democrats in the midterms, US media reported, as Donald Trump said he plans to spend $400 million on Republican candidates.
Billionaire Michael Bloomberg, the former mayor of New York City, will spend $80 million to help Democratic candidates in the midterm elections, according to US media reports on Tuesday. CNBC attributed the report to the New York Times.
The Guardian reports that Bloomberg is focusing the money on House races. It says Democrats have recently struggled with fundraising as they try to win control of Congress.
The Guardian also reports that Donald Trump announced on Tuesday that he intends to spend a total of $400 million to aid Republican candidates. It says $300 million of that has already been disbursed.
CNBC says Democrats are hopeful of regaining majority control of both the House and the Senate in November.
Reported by
- CNBCMike Bloomberg spent $80M to boost Democrats in midterms: NYTTue, Oct 20, 2:23 PM EDT
- The GuardianMichael Bloomberg spends $80m on Democrats as Trump moves $400m to Republican candidatesTue, Oct 20, 6:07 PM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.