Bloomberg Gives $80 Million to Democrats Ahead of Midterm Elections: Report
Bloomberg’s team says much of the money targets House races and outside groups as Democrats seek a larger majority, including $24 million for Everytown.
- Former New York City Mayor Michael Bloomberg is spending $80 million to support Democrats ahead of the November 3 midterm elections, serving as a late-arriving financial boost for the party.
- On Tuesday, President Donald Trump stated he has spent or will spend over 400 Million Dollars by Election Day, with more than 300 Million Dollars already allocated to campaign efforts.
- Bloomberg directed at least $50 million toward House races, including $24 million for Everytown for Gun Safety and $16 million for the House Majority PAC.
- Democrats seek to reclaim control of Congress, where 470 seats are up for grabs in the Republican-controlled chambers amid these significant financial commitments.
- Reuters has not independently verified the spending figures reported for either Trump or Bloomberg as both candidates conclude their final push before November 3.
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TAKE THE MONEY AND RUN! Bloomberg Drops Last Minute $80M to Swing Midterms to Dems
TAKE THE MONEY AND RUN! Bloomberg Drops Last Minute $80M to Swing Midterms to Dems admin Wed, 10/21/2026 - 22:43 Article URL https://www.newsbusters.org/blogs/business/joseph-vazquez/2026/10/21/take-money-and-run-bloomberg-drops-last-minute-80m-swing Article Source NewsBusters Article Description The owner of one of the most powerful media companies in the world is once again throwing his enormous wallet into the political ring to shape an el…
Michael Bloomberg spent $80 million in September and October to help Democrats regain control of the House of Representatives. According to the New York Times, the Republican businessman and former mayor of New York City became one of the five largest individual donors to the Democrats of these mid-term elections. Bloomberg’s disbursement comes in a scenario of financial advantage for Republicans. According to data from AdImpact, Republican grou…
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